by Frances Hinojosa | Oct 17, 2017 | Announcements, Blog, Economy, Finance, Mortgage
If you’ve tuned into the news today, you’ve probably heard that there are new mortgage rules coming into effect on January 1st. 2018. Over the next week you’ll most likely hear a lot of commentary on whether these rules are good, bad, necessary, or...
by Frances Hinojosa | Sep 12, 2017 | Blog, Finance, Mortgage
As we head into the fall market and after 1 year since the last mortgage rule changes, OFSI (the governing body in Canada for financial services) are proposing yet another mortgage rule change that may impact your home buying purchasing limits. OFSI has proposed...
by Frances Hinojosa | Sep 6, 2017 | Announcements, Blog, Mortgage
The following is the Bank of Canada rate announcement released this morning, if you have any questions about what this rate increase means for you and your mortgage, please don’t hesitate to contact me anytime. If you’re a fixed rate mortgage holder, this change...
by Frances Hinojosa | Aug 30, 2017 | Blog, Mortgage
As part of the mortgage and real estate processes, there’s a lot of confusion around the differences between the deposit and the downpayment. It’s important to understand what sets them apart so you don’t get confused when it’s time to secure financing on a...
by Frances Hinojosa | Aug 16, 2017 | Blog, Mortgage
As part of Genworth’s Homeownership Education Week Seminar, Genworth decided to get social and ask recent first time homebuyers to give simple advice to others looking to purchase their first home. The results were captured and included in the Spring issue...
by Frances Hinojosa | Jul 12, 2017 | Announcements, Blog, Mortgage
The following is the latest Bank of Canada rate announcement, if you have any questions about what this rate increase means for you and your mortgage, please don’t hesitate to contact me anytime. If you’re a fixed rate mortgage holder, this change...