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Mortgage Broker Victoria BC Trends

mortgage broker victoria

A Changing and Complex Mortgage World!

Canada Mortgage and Housing Corp. (CMHC) recently announced that as of May 30th, it will stop insuring both second homes and self-employed borrowers who don’t have standard documents to prove their income. Canada’s private mortgage insurers did not follow suit, although putting limitations on their second-home programs. Other new rules currently under review could mean …

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mortgage broker victoria

The Green House. Look to Your Mortgage for Energy Savings.

If you buy an energy-efficient home or make energy-saving renovations you may be able to get a savings boost from your mortgage! Canadian mortgage insurers have a program that helps homeowners save when they buy energy-efficient homes or retrofit their existing homes. Homeowners purchasing a qualifying energy-efficient home are eligible for a 10 per cent …

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mortgage broker victoria

Does your financial house need a good spring cleaning?

Wouldn’t spring cleaning be so much more gratifying if – somewhere under dusty barbecue parts and outgrown hockey skates – you found an envelope with, say, $5,000 in cash? Wouldn’t that make spring cleaning worthwhile? While you may not uncover a financial windfall when you’re cleaning the garage this spring, a little time and attention …

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