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Glen Estabrooks || March 16, 2020

Why are Mortgage Rates Rising?

Fears over the COVID-19 pandemic and plummeting oil prices have caused mortgage rates to plummet to multi-year lows over the past couple of weeks. But now some lenders are actually starting to raise...

Glen Estabrooks || March 07, 2020

Recent changes may be good news for homebuyers

We’ve had back-to-back changes recently in the mortgage world – one direct, one indirect. The benchmark rate used to qualify will change downwards starting April 6, 2020, and the Bank of Canada...

Glen Estabrooks || March 04, 2020

Four Questions to ask Your Mortgage Broker

As we head in to the Spring season, this is the ideal time for us to discuss your goals, including a review of your financial goals, your credit profile, and find the best solution for your personal...

Glen Estabrooks || February 19, 2020

New Stress Test Arriving April 2020

The federal government announced on Tuesday it will be changing the benchmark qualifying rate used for Canada’s insured mortgage stress test. The change, which will take effect April 6, 2020, means...