Your Mortgage Renewal will NOT be subject to the new Stress Test rules if you had your mortgage PRIOR to the new rules being implemented in October/November 2016. Despite what…
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Is it possible to successfully obtain a mortgage after a Bankruptcy? Many Canadians find themselves bogged down with a poor credit rating resulting from situations out of their control –…
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RRSP Home Buyers Plan – A First Time Home Buyers Loan Saving up for the down payment for your first home often feels like an impossible task but the good…
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Do you have credit cards, personal loans and unsecured credit lines and finding it difficult to manage payments? Interest rates on credit cards can be as high as 28% and…
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We live in a country where a good credit history is one of the most important things we can have. Without it you impair or lose your ability to borrow…
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“In the tug of war between affordability and protecting the banks, as the new stress test rules remind us, the government has come down clearly on the side of the…
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The new guidelines aimed at taking some of the risk out of the market will come into effect Jan. 1/2018. They include as speculated a new stress test for buyers…
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The Federal Government is proposing new guidelines which will again make it more difficult to secure a mortgage. These guidelines expected to be issued in the fall will come into…
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