I was asked this question last week by a caller who was not altogether happy with his bank mortgage experience, so he decided to call us. When my dad is asked the same question he asks back ‘Would you like the thirty second version or the thirty minute one?’ If they opt for the longer […]

‘…Without a crash landing’, say economists according to an August 16 th article in the Financial Post. Not only that but the article goes on to say that the real estate market has already readjusted to an almost perfectly balanced one. Economists say the Canadian housing bubble – long feared to be vulnerable to a […]

If you have purchased a new built house set to close this fall or you plan to buy, you owe it to yourself to become informed and shop around. Don’t just take builder / bank financing because it is likely you will NOT end up with the lowest rate – we see it all the […]

This is the first of a two-part series and is one of the most important messages we have written to date. Regulations governing mortgage (tightening) lending rules have already had a major impact on qualifying for a mortgage in the high ratio insured sector, that is, making it more difficult. But they are not done, […]

This is the second part of this two-part series on the impact of government intervention designed to make mortgage qualification much more difficult. The proposals if put into effect are entirely unnecessary since the real estate and mortgage markets have already contracted. MOST IMPORTANTLY the proposed changes will dramatically affect everyone. Affordability will decrease by […]

Living in Centre Wellington today, you have likely either met new people in the community that have ‘migrated’ out of the GTA or other areas in Southern Ontario where real estate values have exploded, or you know people that are ‘migrating’ out of CW to less populated and less expensive areas, due to rapid growth […]

The rent-to-own concept soared in popularity several years ago. Recently, we’ve had many rent-to-owners who entered into contracts 3-5 years ago coming to us for help. When properly executed, this type of arrangement can be a wonderful thing. For renters who aim to become owners, yet need time to repair credit, establish consistent income or […]

We’ve all needed a little help in our lives and those of us who have been fortunate to receive it are (or at least should be) forever grateful. Helping a child, sibling or parent by co-signing for a mortgage or other type of loan can change the trajectory of your loved one’s life. However, it […]