Clicky

How to Get a Mortgage After the New Rule Changes

Have you tried to apply for a conventional mortgage since the inception of the new rules the government implemented on January 1st?  If you have and have been either turned down or you can’t get as much of a mortgage as you need, call me today.  I have a solution that has helped other borrowers in the same situation.  There is no obligation but I think you will find my solution very encouraging.  905.336.3545 or DonnaL@dominionlending.ca.

You May Also Like

Four-Month Home Sales Gain ends in September

Here is a great article from DLC’s Chief Economist Sherry Cooper regarding home prices, house listings, and rent. Four-Month Home Sales Gain Ends in September

Millennials: How to get into the Housing Market

This particular period in time might be the most difficult ever for a Millennial to buy a home.  There are several factors at play here working against them; stagnant incomes, high home prices and the stress-test introduced by the Liberal government on January 1/18. In 1976 the average median income for 25-34 year olds was… Read More…

Bank of Canada Set to Raise Qualifying Rate

On Monday, May 14 the Bank of Canada will be raising the qualifying mortgage rate for prime mortgages to 5.34%.  It currently sits at 5.14%.  This will affect borrowers wanting a variable rate the most.  If you’re wanting to qualify for a mortgage before the rate increases, you only have a couple more days left. … Read More…

Recent Posts