Useful information for buyers and sellers




    • Mortgage Calculator "New Canadian Mortgage rules take effect January 1, 2018"

      Home buyers with a down payment of 20% or more will now be subject to stricter qualifying criteria (also known as a "stress test") that would determine whether a homebuyer would be able to afford their principal and interest payments should interest rates increase. This stress test would use either the 5-year benchmark rate published by the Bank of Canada or the customer's mortgage interest rate plus 2%, whichever is the higher.

      New rules don’t apply if you’re renewing your Mortgage: The new rules only apply to new mortgage loan agreements. They do not apply when renewing an existing mortgage loan.


BLOGS and Useful Tips (links courtesy George Miller)

Steps to Take When Buying a Home

How to Save Money to Buy a House

How to Purchase a Home in Retirement

How to Choose the Right Neighborhood for You and Your Family

How to Successfully Move in

Tips for Pet Owners Buying or Selling Their Home

A Timeline for a Successful Move