Original Article Source Credits:   Better Dwelling, https://betterdwelling.com/

Article Written By:  Stephen Punwasi

Original Article Posted on:  Dec 27, 2021

Link to Original Article:  https://betterdwelling.com/the-smith-maneuver-the-loophole-canadian-real-estate-owners-use-to-lower-taxes

If you want to purchase a house but are unsure about how much you can spend, knowing which homes are within your range is difficult. For example, you might find a property that looks exactly like your dreams but have no idea about whether it’s a realistic option for your budget. In such cases, it helps if you get a pre-approval. A pre-approval means that a lender has agreed, in principle, to lend you a specific amount towards the purchase of a house. However, they have not yet proceeded to the final approval. A pre-approval allows you to know the maximum funds available to you so you can narrow your search and negotiate with more certainty.

Getting the best mortgage on your home makes a huge difference in affordability, financial wealth and abundance. It can save you hundreds or cost you thousands.

Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By: John Gittelsohn

Original Article Posted on: August 24, 2020

Link to Original Article:  https://ca.finance.yahoo.com/news/real-estate-investors-skip-paying-110000020.html

Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By : Steve Huebl

Original Article Posted on : July 16, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/07/bank-of-canada-hints-at-no-interest-rate-hikes-until-2023/

For the second time since the beginning of the pandemic, the Bank of Canada has lowered the benchmark qualifying rate a further .15% to 4.79%. For a buyer with an annual income of $80,000 that is approximately $6,300 of additional mortgage space compared to the previous qualifying rate of 4.94% and approximately $11,000 more than the qualifying rate of 5.04% that was in place at the beginning of the pandemic.

Original Article Source Credits: Canada Mortgage and Housing Corporation , https://www.cmhc-schl.gc.ca/

Article Written By : NA

Original Article Posted on : July 15, 2020

Link to Original Article:  https://www.cmhc-schl.gc.ca/en/housing-observer-online/2020-housing-observer/overview-q12020-national-mortgage-credit-trends

Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By : Steve Huebl

Original Article Posted on : July 23, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/07/how-the-government-has-saved-the-economy-from-covid-19-so-far/

As most of you know, my personal vision is that 'Everyone Shall Live a Life of Abundance'. I am always seeking ways that will help me be successful in fulfilling that vision in what I do as a mortgage broker and real estate investor.

Original Article Source Credits: The chronicle herald , https://www.thechronicleherald.ca/

Article Written By : Myke Thomas

Original Article Posted on : Jun 19

Link to Original Article:  https://www.thechronicleherald.ca/lifestyles/homes/bank-of-canada-expected-to-hold-overnight-target-rate-464282/

Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By : Steve Huebl

Original Article Posted on : June 24, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/06/home-sales-prices-wont-fully-recover-2022-says-cmhc/

Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By : Steve Huebl

Original Article Posted on : June 30, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/06/mortgage-rates-keep-setting-new-record-lows/

In response to the COVID-19 pandemic and in an attempt to protect the economic future of Canadians, the Canadian Mortgage and Housing Corporation (CMHC) announced in early June that it would be tightening its qualification rules for mortgage insurance from July 1, 2020.  Fortunately, they are two other mortgage insurers: Genworth and Canada Guarantee and neither of them are changing their qualification rules.

Original Article Source Credits: Canadian mortgage trends , https://www.canadianmortgagetrends.com/

Article Written By : Steve Huebl

Original Article Posted on : April 22, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/04/one-in-20-homeowners-have-missed-a-mortgage-payment-due-to-covid-19/

Original Article Source Credits: Cision  , https://www.newswire.ca/

Article Written By : NA

Original Article Posted on : Mar 26, 2020

Link to Original Article:  https://www.newswire.ca/news-releases/cmhc-expands-insured-mortgage-purchase-program-816774510.html

Original Article Source Credits: Toronto Storeys , https://torontostoreys.com/

Article Written By : Toronto Storeys

Original Article Posted on : April 9, 2020

Link to Original Article:  https://torontostoreys.com/canadians-refinancing-mortgages-coronavirus/

Original Article Source Credits:canadianmortgagetrends , https://www.canadianmortgagetrends.com/

Article Written By :Steve Huebl

Original Article Posted on :March 11, 2020

Link to Original Article:https://www.canadianmortgagetrends.com/2020/03/latest-in-mortgage-news-mortgage-rates-falling-as-economic-turmoil-persists/

Are you planning to buy a new house but don’t know where to begin when it comes to financing it? If you’re struggling to make sense of the mortgage system and the different options available, you’re not alone. Mortgages can be complicated if you aren’t aware of how they work. Moreover, it isn’t easy to make the right decisions based on your needs and capabilities if you don’t understand what your choices are. To help you make sense of mortgages, Keith Uthe Demystifying Mortgages has explained the different types of mortgages available to you.

Original Article Source Credits: HuffingtonPost, https://www.huffingtonpost.ca/

Article Written By Canadian Press

Original Article Posted on :2/18/2020

Link to Original Article: https://www.huffingtonpost.ca/entry/mortgage-stress-test_ca_5e4c2e67c5b6eb8e95b3bcc2

Original Article Source Credits:Canadian mortgage trends,https://www.canadianmortgagetrends.com/

Article Written By Steve Huebl

Original Article Posted on : February 26, 2020

Link to Original Article: https://www.canadianmortgagetrends.com/2020/02/latest-in-mortgage-news-meridian-credit-union-raises-125-million/