Blog

Why use a local mortgage broker in Guelph instead of an on-line brokerage?

Why use a local mortgage broker in Guelph instead of an on-line brokerage? There are so many...

Things to know when buying or selling a home in Guelph, Kitchener, Waterloo and Cambridge

Things you’ll need to know when successfully buying or selling a home in Guelph, Kitchener, Waterloo and...

Debt Consolidation Plan

If you are unable to pay off your debts each month and your total debt exceeds $5000....

Bank of Canada is set to make a rate announcement this week

It’s always difficult to predict where rates are heading, but the Bank of Canada (BofC) is set...

Financing Existing Student Rentals: Challenges That Can Be Overcome

Financing existing student rentals: Challenges that can be overcome An area of mortgage expertise I focus on...

Banking Regulator sees potential risks; Current home values are stabilizing in most regions

Banking regulator sees potential risks in high home prices, debt loads. The Office of the Superintendent of...

Economic Growth; The OECD has raised expectations for Canada. Should we expect interest rates to continue to rise?

The Organization for Economic Co-operation and Development has raised its expectations for economic growth in Canada this...

CMP Women of Influence 2017

For decades, the mortgage industry, like many other business sectors, has long been dominated by men. In...

Changes to Canada’s Housing Rules

Over the last few days, I’ve fielded calls from concerned clients who are buying a house and...

What can we expect in the housing market for the rest of 2016?

Is Guelph and surrounding area in a housing bubble? The general definition we use to describe a...

Getting separated is never easy: learn how to move ahead with your living arrangements

Aside from the emotions involved with a separation, there are several things to consider and act upon...

OSFI Tightens Supervisory Expectations for Mortgage Underwriting

OTTAWA ─ July 7, 2016 ─ Office of the Superintendent of Financial Institutions The Office of the...

Is Guelph in a Housing Bubble…no really?

A week doesn’t go by without a customer asking if we are in a housing bubble. While...

Should I buy a house now or wait until I have more money saved?

Canada Mortgage Housing Corporation (CMHC) has some interesting statistics available on home purchases. It normally takes people...

Negotiating a better mortgage rate

Everyone who needs a mortgage wants the best rate. However a good rate is only one way...

Clear up debt for 2016: a great financial goal because of low rates

About a quarter of my mortgage practice consists of people who come to ask advice and help...

What’s really happening when banks raise their mortgage rates?

Housing Market Outlook 2015 and projection for 2016

New Home Market In the Kitchener-Cambridge-Waterloo (KCW) and Guelph areas, housing starts will be lower in 2016...

More money down required if you’re buying a home…but only if it’s more than $500K

If you’re buying a house for more than $500,000 you’ll need to have more money saved for...

Trends in 2016 which will impact mortgage borrowers

Trends in mortgage financing that have impacted buyers and sellers in 2015 The overall sentiment of mortgage...

Opportunities for real estate investing

According to Canada Mortgage Housing Corporation (CMHC) despite slightly rising vacancy rates, Guelph will continue to have...

Canadian highlights from TD bank

Here are some highlights that come from TD Economics about Canada: -Economic data this week supported the...

Watching the Mortgage Market: Where do you stand?

Canada Mortgage and Housing Corporation (CMHC) recently published its Consumer Survey for 2015 and sheds some interesting...

Mortgage Rates & Economic Outlook

Mortgage rates and the Economic outlook – you can’t have a good discussion of one without the...

Selling your house? Think there should be no issues in qualifying for another mortgage? Think again.

If you’re contemplating selling your house and buying another one and you don’t think that getting approved...

What about the housing market?

What about the housing market – are borrowers over-leveraged? Here’s some information from credible sources Brought to...

Shopping for a Mortgage? Ask your bank these 4 Questions…

If you are shopping for your mortgage, here are some things you should consider. First, ensure your...

No Financing Condition: Pro & Cons

It’s a sellers’ market. And, as a buyer, you want to make your purchase offer the most...

Canadians choosing fixed rate mortgages

This article in Mortgage Broker News by Jamie Henry shows how Canadians are feeling about rates and...

What are mortgage rates doing today?

As a client or business associate of The Mortgage Centre I am taking this opportunity to update...