Did you know that when you are ready to purchase a property you will hear the word insurance, over and over again.  Mortgage Insurance, Life Insurance, House Insurance Who do you know that has no idea why they have to pay for mortgage insurance, when they’re buying a property with less than a 20% down payment. The reason buyers pay mortgage insurance is to protect the lenders money.  Yes that’s right, buyers pay to insure the lenders money.  If the Buyer,... [read more]

CMHC Fees are set to increase on March 17th. A typical 5 year, 5% down mortgage will see insurance fees jump from 3.6% to 4%. But if you buy a house before March 17th, you will get the lower rate. Contact us for more info... [read more]