Category Archives: General

Mortgage Wise: A Breath of Fresh Air

COVID-19 may have frozen the real estate market earlier this year, but it thawed in a spectacular fashion in July with 62,355 sales nationally. Amidst all the negative COVID news, this was a breath of fresh air for everyone. Resilient … Continue reading

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You Are Not Alone: Running for Rachael 2020

The 8th Annual CF Lime Ridge RUNNING FOR RACHAEL VIRTUAL Walk/Run Event is September 27th 2020 We’re doing it differently this year! Join us at 9 am for our walk/run launch videoBring together your neighbours, friends and family, and coworkers … Continue reading

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Another Reason to Use a Mortgage Broker (Like Me)

This month, I’m featuring excerpts of an article written by Juliette Baxter and published in The Financial Post. The article provides valuable insight into the tightening of lending rules that came into effect on July 1 – and what it … Continue reading

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Essential Mortgage News: Short Term Gain = Some Long Term Pain

There’s Good News and Not-So Good News About Your Mortgage During COVID-19 If you’ve opted for mortgage deferral assistance to free up some money, you’ll gain in the short term. The Canadian Bankers Association has reported that more than 90% … Continue reading

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What You Need to Know About Your Mortgage During COVID-19

Mortgage Renewals: Resources & Repercussions Lenders will always offer mortgage renewal terms as long as you have not had a late payment on your mortgage during your term. If you have contacted your lender and requested a mortgage payment deferral, … Continue reading

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Millennials and Mortgages…

Why do Millennials believe that homeownership may be out of reach? A KPMG survey says Millennials believe it’s a combination of (a) rising house prices, (b) high levels of personal debt, and (c) annual incomes that are just a fraction … Continue reading

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First-Time Home Buyers: What Boomers Got vs. What Millennials Are Getting

The More Things Change, the more they stay the same! This is fascinating! To compare what Millennials are able to afford now with what Baby Boomers could afford when they bought their first homes, HuffPost Canada built profiles of the … Continue reading

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Close To Our Hearts:  Running for Rachael – Supporting Suicide Prevention

No family is immune from the heartbreak of suicide. My husband Sid’s daughter, Rachael Arielle Stacey, left us when she was just 18 years of age. She will forever be in our hearts. We honour her legacy of wanting to … Continue reading

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Mortgage News That’s Clear as Mud and Crystal Clear!

Ah August… it’s a time to sit back, relax and get caught up on all the important mortgage news of the day, right? August is also a month full of juxtapositions. Some of us are taking time off and going … Continue reading

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Here’s What Happens When CMHC and MPC Bosses Verbally Spar Over YOUR Ability to Buy a Home or Renew a Mortgage

There is always something in the news about the current housing/real estate market, whether it’s: the lack of affordable housing real estate purchased through money laundering mortgage stress tests first time home buyer incentives supply and demand (sellers and buyers … Continue reading

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