by admin | Oct 25, 2019 | Mortgage
Get Down Payment Assistance To Buy Your First Home The First Time Home-Buyer Incentive program (FTHBI) was launched on September 2, 2019, by the Canadian Mortgage and Housing Corporation. It will save first time home buyers money on their first home purchase and make...
by admin | Jan 22, 2019 | Mortgage
Mortgage Rates In Surrey Are Falling Fixed or Variable Rate | Which one works best for your mortgage payment? By Jeet Singh RBC, the biggest bank in Canada lowered its 5-year fixed mortgage rate from 3.89% to 3.74% last week. Other banks are expected to follow...
by admin | Jan 14, 2019 | Mortgage
The difference between ‘A’ lenders and ‘B’ lenders Bank/Conventional or Residential Mortgages also referred to as ‘A’ Paper, is the ideal situation for any borrower with good income and good credit. Such a borrower is considered an ‘A’ or a prime borrower. A prime...
by admin | Jan 10, 2019 | Mortgage
Experienced Private Mortgage Brokers Surrey & Vancouver What goes up must come down! By the same token, what goes down must come up! After almost a decade of warning and keeping the rates the same for the last 7 years, the Bank of Canada might finally hike its...
by admin | Nov 24, 2018 | Mortgage
Private Money Mortgages In Surrey & Vancouver There are plenty of Private Mortgage lenders out there. Mortgage Investment Corporations (MIC), Mortgage Trusts, Mortgage Funds, Private Individuals – all of these fund Private Money Mortgages. If you have Bad...
by admin | Nov 24, 2018 | Mortgage
Mortgage Stress-Test Simply put, the new mortgage stress-test rule, that went into effect on January 1, 2018, requires the banks to qualify the borrowers for home mortgages either at the Bank of Canada’s five-year conventional mortgage rate or at two percentages...
