My Mortgage Blog — Latest Posts
The Mortgage Stress Test Becomes Slightly Harder Today
If you’re looking to buy a home, you will now need to prove you can make payments based on a minimum rate of 5.25% starting today when dealing with a federally regulated financial institution.Whether...
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Recreational Properties Likely to See Continued Demand and Price Growth in 2021
For the past year, soaring home prices and a desire for more space have sent homebuyers flocking beyond the suburbs and into beautiful cottage country.It’s a trend that is playing out right across the...
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House Prices Reaching New Heights. Where to from Here?
Several housing reports have been released over the last couple of weeks, and they all tell the same story: house prices are soaring. Records are being broken on a monthly basis, seemingly...
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The Urban Exodus…A Long-Term Trend or a Fad?
It’s now well-known that homebuyers are leaving urban markets for the suburbs in droves in search of larger and more affordable properties. While homebuyers have been trading in big-city life for...
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