| Vancouver Home Mortgage Let me help you get the best possible mortgage I am licensed to deal with the major Canadian Banks, Credit Unions and other mortgage lenders. My service is FREE* - because the selected lender pays me to handle your paperwork. *a broker fee may be charged for non-traditional mortgage with borrower's consent.
3-year:3.75% or 5-year:4.29%
Why Use A Mortgage Broker? |
Best Fixed Rate Mortgages
Mortgage Broker & Realtor |  |
Disclaimer: The owner of this website is not responsible for the accuracy, reliability, integrity of the articles' contents or its sources. A link to another site is not to be construed as an endorsement of the site, its organization and any views expressed by it. |
| Chinese Translation |
Recent Posts
- CANADIAN MORTGAGE INSURANCE RULE CHANGES
- Tougher mortgage rules to cut down default risks
- Fixed rate or variable rate mortgage?
- Deciding on a mortgage
- Mortgage brokers handling growing number of deals
- Re: Strata Property Act Amendments - Rentals
- Mortgage Rate Forecast
- Bank of Canada expected to hike interest rates in mid-2010
- Strong demand carries into late fall
- High sales levels spur rise in home values
604-721-4817 Email Me |
Buy Or Sell First?
 |
Buy or sell first when you are planning to make a move?
If you wish to move from your present home, you need to free up your equity as down payment for the home you wish to purchase. This may be a complicated process depending on your financial status. Read the story »
Buying With 5% Down Payment
 |
Buying a home with 5% down payment. This is the minimum requirement for a home buyer to qualify for a high ratio mortgage. A home buyer is also required to show he or she has her own savings to cover closing costs of at least 1.5% of the purchase price. Read the story »
CANADIAN MORTGAGE INSURANCE RULE CHANGES
Further to the recent insurance guideline announcement, mortgage lending rules are tightened effective April 19, 2010.
Key interest to Canadian mortgage lenders is the “definition of the five-year standard rate used for mortgage qualifying”. The government is currently working on that definition, once those details are confirmed, it will be posted here on this blog.
The changes being implemented are prudent and will ensure long term stability in the real estate market. The changes are:
- All borrowers must meet the standard for a five-year fixed rate mortgage even if they choose a mortgage with a lower interest rate and shorter term;
