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Tag Archives: mortgages

BMO Report Reveals One-Fifth of First-Time Home Buyers Choose to Wait

One day before the anniversary of Jim Flaherty’s government-insured mortgage rule adjustment, the Bank of Montreal issued a report that illustrates the impact these changes have had on first-time home buyers in Canada over the past year. The new rules — first introduced July 9th, 2012 — reduced the maximum amortization period to 25 years and lowered how much Canadians …

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Interview: Mortgage talk with a Mortgage Agent

I recently met up with Aamir Jamil who is the broker of record for Mortgage Alliance and picked his brain to answer questions that I get from our views. Youtube Link Information reviewed was: Mortgage Approval Criteria Used TDS and TDS Income calculations CMHC Criteria Recent changes from CMHC If you have any specific question about mortgages or would like …

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