#HappyNewYear! As we begin 2019 many Canadians are wondering if they will achieve the dream of homeownership this year.  Will they meet qualifications?  Will they be able to save enough down payment?  Will they get good rates, or did they miss out on the rock bottom pricing of the last 18 months? There’s never a concrete answer when it comes to rate; the economy, both national and international, is such a volatile creature but there are some things to be aware of that help to

The answer to this question depends on whether your mortgage is insurable or UNinsurable. What is the difference between an insurable mortgage and an un-insurable mortgage? Insurable mortgages must meet the government requirements for Mortgage Default Insurance (commonly referred to as #CMHC insurance). Uninsurable mortgages are mortgages that are over $1'000'000, and/or have amortization of >25 years, and/or are refinances. Uninsurable usually means the rate will be a

You've done a #preapproval with your bank/mortgage agent. You're in good standing. You make an offer on home. Not just any home...YOUR #dreamhome. It's perfect. It's everything you dreamed of. You are already moved in and raising your family, or sending your oldest away to college from the end of the driveway...in your daydreams anyways. You start the process for a final approval on your #mortgage. Your bank/mortgage agent sends off for approval. Approval back! Celeb