July 2019

STEPS BEFORE SELLING

Posted on Jul 22, 2019



Buying and selling a home can be a highly time-consuming process with a myriad of intricacies that influence the length and scope of the deal. Thus, for first-time sellers, mistakes are bound to happen—especially if they lack the know-how and experience surrounding the process.

Every homeowner would want to sell their house for the most money possib...

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CANADA'S STRESS TEST

Posted on Jul 14, 2019



In 2017, the Office of the Superintendent of Financial Institutions (OSFI) took steps to help protect lenders and home buyers alike against future interest rate increases. Since January 1, 2018, new mortgages are subject to comparison with higher interest rates than the one issued at the time of the mortgage. Homeowners must be able to afford a mor...

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