5 Feb

5 Tips To Increase Your Chances Of Getting A Mortgage Approved

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Posted by: Alexander Slobidker

Article by Huffingtonpost If you’re planning to buy a home, you’ll probably need to get a mortgage. Comparing mortgage rates is a good first step, but applying and getting approved for a mortgage is the most important part of the process. While it may seem difficult and daunting, with the right preparation, getting a mortgage […]

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13 Jan

5 Tips to Reduce Heating Costs

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Posted by: Alexander Slobidker

When it comes to the winter season, it can be easy to go overboard when it comes to heating – but there is a better way! With a little awareness – and the right preparation – heating your home this winter won’t have to cost you a fortune. To help you save, we have put […]

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10 Oct

Budgeting for the Holidays

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Posted by: Alexander Slobidker

Everyone knows that it can be easy to go all out when it comes to the holidays. Unfortunately, this often means that you end up saddled with a bunch of holiday debt. To avoid a sleigh-size tab, plan ahead to save money and maximize the payoff! To help you make the most of the holiday […]

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7 Oct

Renewing Your Mortgage

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Posted by: Alexander Slobidker

If you are coming up to your mortgage renewal date, you may have already received a letter from your lender. Typically, these are sent out when there are 3 months remaining on your term. While nearly 60 percent of borrowers simply sign and send back their renewal, did you know that this is actually the […]

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11 Jul

What Your Banker Won’t Tell You!

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Posted by: Alexander Slobidker

Did you know the biggest difference between getting your mortgage from a bank vs. a mortgage broker is that the bank only has access to their products, while I, your mortgage broker, have access to hundreds of different lending institutions and mortgage products to fit your unique needs? Here are a few things to keep […]

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11 Jul

Mortgage Insurance and Your Borrowing Power

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Posted by: Alexander Slobidker

As a Canadian homebuyer or homeowner, your borrowing power is impacted by a few factors. Recent changes to the lending policies announced by CMHC, The Bank of Canada’s qualifying rate and your banks’ Prime Rate and mortgage stipulations are all things to consider when thinking about purchasing a home. If you have less than 20% […]

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6 Jun

CMHC New Mortgage Rules

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Posted by: Alexander Slobidker

When buying a home with less than 20% down, you are required to purchase default insurance on your mortgage loan. This stipulation is not new, but recent policy changes to the insured mortgage space by The Canada Mortgage and Housing Corporation (CMHC) are. These are significant changes made as result of the potential effects of […]

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29 Nov

5 MISTAKES FIRST TIME HOME BUYERS MAKE

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Posted by: Alexander Slobidker

Buying a home might just be the biggest purchase of your life—it’s important to do your homework before jumping in! We have outlined the 5 mistakes First Time Home Buyers commonly make, and how you can avoid them and look like a Home Buying Champ. 1. Shopping Outside Your Budget It’s always an excellent idea […]

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30 Apr

Industry News – April 30, 2014

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Posted by: Alexander Slobidker

Industry NewsThere’s been so much speculation on whether OSFI’s long-awaited B-21 mortgage insurer guidelines will slow the housing market. Well, now that we’ve seen the draft, that seems unlikely. In fact, B-21 is simple, practical and sound policy, and most of the guidelines have already been adopted by lenders and insurers. Click here for full details from CanadianMortgageTrends.com. The Bank of […]

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