How much can you afford to buy with the new mortgage rules? This chart should give you a few ideas. What you qualify for also depends on what you owe, credit rating & a few other things. Lets sit down over a cup of coffee or tea and chat. Contact Bonnie at 416-578-9622 or bonnie.bonnie-paul@rogers.com   [read more]

Over the last few years, more purchase offers have fallen apart due to financing than in the past couple of decades combined. Financing has become that challenging, and few people realize it until they actually write an offer and make the application. When it comes to mortgage financing, while money may never have been cheaper… it’s also never been harder to get. Get preapproved!!! [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]

Open House Questions Some Buyers Forget to Ask at an Open House. it’s not unusual to forget to ask important questions about the property. Here are some of the most common: • How old is the roof? • How old is the furnace, air conditioner and other HVAC equipment? • How does the price compare to similar properties in the neighbourhood? (You don’t want to make an offer that’s too high.) • What are the characteristics of the neighbourhood?... [read more]

Tired of qualifying for the governments mortgage stress test?? Contact us, we have mortgage companies that can help. Banks have to qualify you based on the new Stress Test. Our mortgage brokers, might be able to help. They have lenders that do not have to use the Stress Test. [read more]