29 Apr 2015

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Entrepreneurs, you can get mortgages too

If you’re self-employed, you may have a more difficult time obtaining financing for that home, but there’s still many ways to get it. Since 2010, CMHC has changed the rules for down payment amounts, and to add to the confusion, there are also new rules for those who have been self-employed for more than three years. Still, if you can prove your income, show you’re up-to-date on your taxes and you have solid credit, the chances that you get that approval, are greatly improved. By providing the required documentation, you’re much more likely to be approved for a mortgage if you qualify based on your…

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22 Apr 2015

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Positive Outcomes from Budget 2015

The Canadian federal budget for 2015 was announced yesterday, and it brings with it some consumer-friendly benefits. Dealing…

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14 Apr 2015

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A snapshot of first-time homebuyers in...

Genworth Financial recently polled 1,800 first-time homebuyers in Canada to get a feel for what that demographic looks…

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8 Apr 2015

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Genworth and CMHC both raise mortgage...

Canada’s two biggest mortgage insurers both raised their premiums by 15% this week, bringing changes to the mortgage…

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1 Apr 2015

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Getting your mortgage paid when times...

It’s no secret that Calgary’s economy hasn’t been so kind to many, with several major companies announcing huge…

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