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Clean up your debt before you leave on summer holidays! Yes we're in the busy season! Lots of preparation for your summer vacation! For many though, pesky debt responsibilities can dampen their planning and holiday enjoyment. Others may not worry about their debts, thinking they can always get their financial house in order after the ...
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There have been some interesting updates over the weekend. The bond rates have increased and there is a lot of speculation that rates are on the increase. Of course, we are not sure how soon this will happen, but if you are considering purchasing a home within the next 3-4 months, it would be wise for you to have a mortgage broker do a ...
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MORTGAGE INSURANCE RULES ANNOUNCEMENTThinking about purchasing a revenue property? Now is the time!
This morning, Federal Finance Minister Jim Flaherty announced prudent changes to mortgage insurance rules intended to come into force on April 19, 2010. CAAMP was actively engaged in the discussions around these changes which are as ...
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Finance Minister, Jim Flaherty, told CTV yesterday that the federal government would “take some action” and tighten mortgage guidelines if borrowers (or real estate prices) become irrational. Flaherty’s said: "The likely action we will take is to increase the size of the down payment from 5% to a higher figure, and ...
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