Mortgage Blog

Canada's Mortgage Expert

Category: Announcements (11 posts)

First Time Home Buyers Incentive Plan

First Time Home Buyers Incentive Plan

March 20, 2019 | Posted by: Jay Meakin

Today’s Federal Budget included what amounted to a borrowed downpayment From CMHC and an increase to RRSP withdrawl limit to $35,000.00 The announcement of a new CMHC First-Time Home Buyers ...

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Over 55? How a reverse mortgage can work for you.

Over 55? How a reverse mortgage can work for you.

October 26, 2018 | Posted by: Jay Meakin

Five brilliant ways to work a reverse mortgage It’s true: a reverse mortgage - one of the best financial tools available to Canadians over 55 - can greatly assist cash-strapped seniors who need ...

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New Mortgage Rules - Jan 1, 2018

New Mortgage Rules - Jan 1, 2018

October 18, 2017 | Posted by: Jay Meakin

Purchase or refinance now before rules change in January If you’re looking to buy and will have more than 20 percent down, or if you are considering refinancing, then you might want to do so be ...

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Why are mortgage rates now more complicated ?

Why are mortgage rates now more complicated ?

March 2, 2017 | Posted by: Jay Meakin

This Is Why Mortgage Rates Are Suddenly Way More Complicated If you’ve been shopping for a mortgage lately, you’ll have figured out that rates can be all over the map. That’s becaus ...

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Mortgage Planning in 2017

Mortgage Planning in 2017

December 27, 2016 | Posted by: Jay Meakin

Getting control of your biggest asset ( for most of us ).   Canadians are definitely talking about the housing market – what do the new mortgage rules mean, is this the right time to buy, ...

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MORTGAGE Changes MAY affect you - Find out why.

MORTGAGE Changes MAY affect you - Find out why.

October 5, 2016 | Posted by: Jay Meakin

  ***If you are considering or in the process of buying real estate, consult a mortgage broker immediately *** you need an expert to guide you during this transition or your home buying plans c ...

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The 90-day downpayment boost for first-time homebuyers.

The 90-day downpayment boost for first-time homebuyers.

February 8, 2016 | Posted by: Jay Meakin

The 90-day downpayment boost for first-time homebuyers.  If you’re buying your first home now and it’ll be at least 90 days before your move, let’s talk. The Federal Home Buyer ...

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7 Signs you may need a mortgage tune-up.

7 Signs you may need a mortgage tune-up.

February 4, 2016 | Posted by: Jay Meakin

Seven signs you may need a mortgage tune-up Did you know that just like your car or your home, you mortgage can benefit from a seasonal inspection!  Your car gets taken in for regular servicing ...

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More downpayment for $500k + home purchases.

More downpayment for $500k + home purchases.

December 11, 2015 | Posted by: Jay Meakin

Pay attention if you are looking to buy a home in the +$500k price range. New Down Payment Requirements are going into effect February 15, 2015.   Finance Minister Bill Morneau announced today ...

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Show me the money! What you need to know about your downpayment.

Show me the money! What you need to know about your downpayment.

May 25, 2015 | Posted by: Jay Meakin

  You’ve got your downpayment and you’re ready to go. Congratulations! Soon you’ll need to verify that downpayment for your mortgage approval.  It’s required by al ...

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Sleepwalking through your mortgage renewal can cost thousands!!

Sleepwalking through your mortgage renewal can cost thousands!!

November 25, 2014 | Posted by: Jay Meakin

Almost half of homeowners sleepwalk through their mortgage renewal Given the large financial commitment of a mortgage, it’s surprising that 44 per cent of Canadian homeowners either just accept ...

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