Oct 16 Mortgage Rates – How low will they go? By ClientFirstMortgages Mortgage News & Events Mortgage Rates are at a Record Low Currently Canadian Mortgage Rates are at a record low. If you are in…Read More
Sep 22 Rapidly evolving expectations in the housing market By ClientFirstMortgages Economic & Real Estate News, Mortgage News & Events The rapidly evolving expectations in the housing market.Read More
Sep 04 Pandemic-related rules on mortgage deferrals being phased out. By ClientFirstMortgages Mortgage News & Events As the mortgage deferral rules tighten, it's time to assess your ability to pay.Read More
Aug 14 Five year posted mortgage rate influencing the mortgage ‘stress test’. By ClientFirstMortgages Mortgage News & Events Lowering of the five year posted mortgage rates influenced the mortgage stress test down by 15 points.Read More
Jul 17 Bank of Canada hints at no interest rate hikes until 2023 By ClientFirstMortgages Mortgage News & Events BoC hints at no interest rate hikes until 2023, can you afford to buy a home now?Read More
Jul 07 Who dropped the ball on mortgage deferrals? By ClientFirstMortgages Mortgage News & Events When COVID-19 shut down the Canadian economy in March, homeowners across the country, facing the prospect of falling behind on…Read More
Jul 03 While Mortgage Rates are low, should I think of refinancing? By ClientFirstMortgages Mortgage News & Events While mortgage rates have been tumbling steadily over the last couple of months, many are now in record-setting territory. Should…Read More
Jun 12 Mortgage Insurance Providers won’t follow CMHC changes. By ClientFirstMortgages Mortgage News & Events Mortgage Default Insurance, commonly referred to as Mortgage Insurance, is typically required by lenders when home buyers make down payment…Read More
Jun 05 CMHC Mortgage Underwriting Changes By ClientFirstMortgages Mortgage News & Events CMHC yesterday announced changes to their underwriting guidelines. These changes take affect July 1st, so any application submitted before that…Read More
May 29 Qualifying rate drop, time for first-time-homebuyers? By ClientFirstMortgages Mortgage News & Events The drop in qualifying rate might open the path for first-time-homebuyers.Read More