Starting June 1st the stress test is changing. Qualifying rates are changing from 4.79% to 5.25%. This isn’t a significant change but it does reduce your buying power by about 5%. Watch my full video, I explain how this affects you. Please don’t hesitate to contact me with further questions you may have.
The most important things to look for in a mortgage I often refer to as the three P’s. They are portability, pre-payment and penalty. Asking your mortgage broker about the three P’s will help set you up to make the best decisions moving forward.
The Three P’s – The Most Important Things To Look For In A Mortgage (Watch Video) Read More »
As a mortgage broker I serve all of Canada. I specialize in spousal buyout programs (divorce mortgages) and can make the process as efficient and stress free as possible. I look forward to chatting with you about your mortgage needs. I can help make mortgages simple.
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