Don’t stress over the new mortgage “stress” test

News Don’t stress over the new mortgage “stress” test As you probably know, the mortgage rules are changing once again, effective Jan.1, but if you’re looking to buy a home, the time to act is now.  It’s expected that many federally-regulated lenders will implement...

New Year, New Rules – 2018

News New Year, New Rules – 2018 New year rings in with new rules… How large of a mortgage do we qualify for now and after January 1, 2018? Ready for a Better Experience?       powered by: First Avenue Financial – Okotoks 205 – 15 McRae...

Mortgage rule changes are on the way

News Mortgage rule changes are on the way There isn’t much doubt that more significant mortgage rule changes are on the way, perhaps as early as Oct. 2.Canada’s banking regulator, OSFI (the Office of the Superintendent of Financial Institutions), is attempting to cool...

Renew Early Rates on the Rise

News Renew Early Rates on the Rise We Can Save You Thousands of Dollars by Switching Your Mortgage Now! The era of nice surprises for people renewing their mortgages is over! After five years of trending lower, mortgage rates have reversed course and started to rise....

Watch Out For the Tack Hiding in TD’s Big Green Easy Chair

News Watch Out For the Tack Hiding in TD’s Big Green Easy Chair TD has recently launched a new mortgage program that will be sold to their clients as being comfortable, supportive and really good for them, a lot like that over-stuffed green leather chair...

Know Your Beacon Scores to Manage Your Credit

News Know Your Beacon Scores to Manage Your Credit Beacon scores are a single number that summarizes your credit situation and shows lenders what kind of risk you’re likely to be as a borrower. The article below is a basic overview of their importance. We hope...