by Amy Coburn | Feb 19, 2016 | First Time Home Buyers, Mortgage Basics, Mortgage News
Effective February 15, 2016 new rules went into place governing the minimum down payment required on the purchase of a house in Canada.Here are the new guidelines for down payments: Purchases under $500,000 won’t be effected. The minimum down payment required... by Amy Coburn | Jan 22, 2016 | Mortgage News
Struggling with Credit Card Debt?Still paying off your Line of Credit for a renovation or vacation?Refinancing your home may be an option.What is refinancing? It is when we use the equity you have built into your home to use towards debt payouts or a large... by Amy Coburn | Nov 27, 2015 | Community, Mortgage News
12/11/2015 Mortgage regulations UpdateFinance Minister Bill Morneau announced the plans on Friday morning in Ottawa. The required down payment on homes worth at least $500,000 will rise to 10 per cent from 5 per cent starting Feb. 15, 2016 – however the higher... 