A Hamilton 1st Approach!

We all want to live in a compassionate and prosperous city – socially, economically, environmentally and culturally. Our partnership with Hamilton Health Sciences Foundation demonstrates our commitment to taking personal action to achieve our shared goals.  We have what it takes. The health and well-being of our cities are measured by the health and well-being… Read More…

Mortgages, Cars, Penalties?

Mortgages and financial stuff are complicated and boring, right? I get that for sure. Believe me, I sometimes have to slap myself to see if I am still alive due to the nature of my work. Everyone knows cars though, right? We all know the ONLY THING that matters is the SALE PRICE, right? When… Read More…

WHO PAYS YOUR MORTGAGE BROKER?

If you’re looking to get a mortgage and considering a mortgage broker, there’s a good chance you’re wondering about how much the service costs. Good news! Clients looking to get a standard residential mortgage pay no fees to the broker. On standard residential mortgages, it’s 100% free for the clients. We’re paid by the bank… Read More…

New Mortgage Rules And Impact

A short time ago Canada Mortgage and Housing Corporation (CMHC) changed the rules on how much down payment buyers have to have in place to buy a home worth more than $500,000. The new rules stated that you have to have 5% on the first $500,000 and 10% on the remaining balance up to $999,999…. Read More…

VERIFYING YOUR DOWN PAYMENT

Saving for a down payment is often one of the biggest challenges facing young people looking to break into the real estate market.  The source of your down payment could come from your own savings, a gift from a family member, your RRSP if you’re a first time home buyer or from the proceeds of… Read More…

FIRST TIME HOME BUYERS PROGRAM

The new First Time Home Buyer Incentive program from CMHC (Canadian Mortgage and Housing Corporation) was officially released on September 2. This program was met with mixed reactions across the mortgage industry, but we wanted to take a minute to give you the facts regarding the program. Below are the key points you need to… Read More…

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