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Lori MacDonald || May 25, 2021

Mortgage Stress Test Changes Coming June 1 – What You Need to Know

Starting June 1, 2021, the minimum qualifying rate used for both the insured and uninsured mortgage stress tests will be increasing.Whether you’re making a down payment of less than 20% or more than...

Lori MacDonald || May 04, 2021

Shopping for a Mortgage? A Stricter Stress Test is Likely on the Way

If you’re in the market for a mortgage over the next several months, you’ll want to read on.Several new mortgage changes are coming down the pipeline that could affect your ability to qualify for a...

Lori MacDonald || April 19, 2021

Federal Budget 2021 – Housing Policy Highlights

Federal Budget 2021 – Housing Policy Highlights The federal government unveiled its highly anticipated budget today, which didn’t include any substantive measures aimed at cooling the much talked...

Lori MacDonald || April 19, 2021

Growing Calls for Government Intervention to Slow House Price Gains

Part 1 of 2There’s been a growing chorus of experts calling on the Canadian government to do something about runaway home prices.The benchmark selling price for a home in the Greater Toronto Area was...