All posts by: heyray

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Insurance Rates Going Up

Mortgage Insurance Premiums are on the Rise Effective March 17, The mortgage default insurers (CMHC, Genworth, Canada Guarantee) are going to be increasing mortgage insurance premiums. This rate change is in conncetion with OSFI’s new captial requirements that started on January 1st requiring mortgage insurers to hold additional capital. This will help the long term […]

Money and Homes

Help the Halton Hills Coalition for Refugees

In the spring of 2011, attempts at democratic reform in Syria led to a civil war that has raged for the past five years. The fighting in Syria has resulting in over 4.5 million refugees of which more than half are children. These refugees have fled to Turkey, Lebanon, Jordan, Egypt and Iraq in hope […]

Community News

HIGHER DOWN PAYMENTS for More Expensive Homes!

What is this policy? ~ This policy increases the minimum down payment from 5 per cent to 10 per cent on the portion of the house price above $500,000. This policy does not change the 5 per cent minimum down payment for properties up to $500,000. According to our lending sources ~ Qualified borrowers who […]

Money and Homes
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