Top Blog Posts
Jun2011
Choosing An Amortization Period – Vancouver
Mortgage Options In Canada. Choosing a Mortgage amortization period in Vancouver. The mortgage amortization period is defined as the length of time it takes you to pay off your mortgage in full. The longest mortgage amortization period in Canada use to be 25 years. Today, high ratio insured mortgages (less than 20% down) allow up [...]
Apr2010
New Mortgage Rules Start Today
Today is day one of the government’s new mortgage rules. Here’s a quick video rundown on qualifying rate…. QUALIFICATION RATE The biggest rule change affects borrowers who put down less than 20% and want a variable or 1- to 4-year fixed term. Yesterday, you might have qualified for a high-ratio $250,000 variable-rate mortgage with a [...]
