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My Mortgage Blog — Latest Posts
Mortgage Preapproval FAQs
Mortgage Preapproval FAQs 1 Can I use POA (power of attorney) to buy a house on behalf of someone else, such as my partner?While POA is a legal...
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The Health Crisis and Your Mortgage
A lot has changed in the last few weeks, much of it unsettling. The current COVID-19 health crisis has created some level of uncertainty among the population and a lot of unknowns. So, here’s a...
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Recent changes may be good news for homebuyers
We’ve had back-to-back changes recently in the mortgage world – one direct, one indirect. The benchmark rate used to qualify will change downwards starting April 6, 2020, and the Bank of Canada...
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What is The Mortgage Stress Test?
What is the Mortgage stress test? And is it something to fear? The Government of Canada changed the mortgage industry with the introduction of new qualifying regulations,...
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