Home Tips

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

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

8 Mistakes You Make Selling Your Home

Mistake #1 – Listing Incorrectly Every seller wants to realize as much money as possible when he sells his home.  But a listing price that is too high often gets the seller less than a price that is at market value.  If your house is not priced competitively, people looking in your price range will […]

Home Tips

Knowledge Center

Stuff you might want to know if you’re buying or selling Real Estate.