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Mortgage Default Insurance Premium Rising June 1, 2015

Mortgage Default Insurance Premium Rising June 1, 2015

by Alana Myers | May 8, 2015 | Click Your Mortgage Blog

In the market to purchase? Have less than 10% to put down? You will want to have that offer on the home accepted in the next couple weeks. Earlier this year, CMHC announced its premiums would be increasing by approximately 15% as of June 1.  This is the second time...
Is Your New Years Resolution to Pay Down Debt?

Is Your New Years Resolution to Pay Down Debt?

by Alana Myers | Jan 7, 2015 | Click Your Mortgage Blog

The first week of 2015 has come and gone.  Statistically, 25% of people who made a New Years Resolution have now given up on it. If you’re one of many people who made the resolution to pay down your debt- you’re not alone. If you currently own your home,...
Bank of Canada Qualifying Rate Drops to All Time Low

Bank of Canada Qualifying Rate Drops to All Time Low

by Alana Myers | May 13, 2014 | Click Your Mortgage Blog, Uncategorized

Qualifying for a variable, or 1-4 year fixed rate mortgage has become easier this week. The qualifying rate has dropped to its lowest ever: 4.79% This decrease gives borrowers who may have not previously qualfiied for a variable rate mortgage, or a term of less than 5...
Become Debt Free in 2014

Become Debt Free in 2014

by Alana Myers | Jan 6, 2014 | Click Your Mortgage Blog, Uncategorized

Is it your goal to pay off your debt this year? Or save for a down payment on a home? Here are some tips to help you do just that.   1. Set goals. Make sure they are specific. For example, you may say, “my goal is to pay down my VISA by $10,000 this...
The First Time Home Buyer’s Tax Credit

The First Time Home Buyer’s Tax Credit

by Alana Myers | May 9, 2013 | Click Your Mortgage Blog, Uncategorized

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From the Blog

  • We are feeling the January 1st Mortgage Rule Changes
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  • Qualifying for a Mortgage Just Got Tighter
  • Barrie Home Sales at a Record High in March 2016
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