Mortgage Rule Changes - 09 July 2012

2012-06-26 | 18:49:27

If you’re considering buying a new home or refinancing/renewing your current mortgage, it would be a wise move to act before July 9th 2012! The Federal Government announced this morning four new clampdowns on insured mortgages that will more

10 Questions Mortgage Borrowers - Martin Krell, Prince George Mortgage Broker

2012-06-19 | 16:29:44

 1. If I have mortgage default insurance do I also need mortgage life insurance?Yes. Mortgage life insurance is a life insurance policy on a homeowner, which will allow your family or dependents to pay off the mortgage on the home more

Purchase Power Reduced by 8%

2011-01-24 | 07:17:16

How will the new mortgage rules impact home buyers and sellers? On January 17th Finance Minister Jim Flaherty announced changes to government insured mortgages. These new laws are designed to support long-term stability in Canada’s more

New mortgage rules and restrictions

2011-01-18 | 12:13:14

Mortgage Industry Regulation has Changed The Federal Government has changed regulations that affect the mortgage  industry.  On Monday 17 January, 2011 Finance Minister Jim Flaherty announced new rules that will: 1.) more

Cash Back Mortgage - Are they really free?

2010-09-21 | 21:38:06

I see advertised "cash back" mortgages for switching or renewing your mortgage.  There is certainly a time and a place for a cash back mortgage, but not just for the fun of it.  Some of these lenders make it sound like a cash back is more