RECENT BLOG POSTS
With the mortgage market becoming more competitive, as the broker business grows and more mortgage insurers are coming to the table, there are more products available than ever before. How do you make a decision on what’s the best rate, the best product and who’s the lender that will offer it to ...
01/28/2009
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Renting vs. buying has long been discussed. There are many financial advisors that would argue both sides of this coin. The positions range from larger tax incentives for renters, to pride of ownership for home buyers, but what is right for you? When considering homeownership, you should first co...
01/28/2009
Double Presidential FirstLine Mortgages a subsidiary of CIBC Inc has a product that they have linked to the US presidential elections. Every election year this mortgage product will renew. With the current US election just around the corner you can lock in your rate for 4 more years, until Novemb...
01/28/2009
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Back in July, 2008 the Department of Finance announced a major change to the structure of the mortgage market. As of October 15th, 2008 they no longer allowed 100% financing and 40 year amortizations. They now require 5% down payment and a new maximum of 35 year amortizations. Can I still get 100...
01/28/2009
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