Mortgages by Carolann Young

Carolann Young || March 23, 2020

The Health Crisis and Your Mortgage

A lot has changed in the last few weeks, much of it unsettling. The current COVID-19 health crisis has created some level of uncertainty among the population and a lot of unknowns. So, here’s a...

Carolann Young || March 07, 2020

Recent changes may be good news for homebuyers

We’ve had back-to-back changes recently in the mortgage world – one direct, one indirect. The benchmark rate used to qualify will change downwards starting April 6, 2020, and the Bank of Canada...

Carolann Young || March 03, 2020

What the New Stress Test Means for You

A few years ago, the stress test was introduced as a safeguard against rising interest rates, to make sure homebuyers would still be able to make their mortgage payments if their rate increased down...

Carolann Young || February 04, 2020

Four Questions to ask Your Mortgage Broker

Buying a new house should be exciting, but it can get pretty harrowing at times. You may worry you won’t qualify. You may feel unsure about house prices and worry about interest rates. If you’re...