If you are self employed and needing a mortgage, get the following documents prepared: Most recent Notice of Assessment If there was a balance owing, those taxes must be paid so ensure you have confirmation of that Confirmation of being self employed for the past two years; Sole Proprietor: 2 years T1 Genereals (full copy) […]

Great news for variable rate mortgage holders.  BoC announced yesterday that they would once again leave rates unchanged.  The result is no changes to the Prime rate which directly affects variable rate mortgage holders.  So looking at all indicators and statements made by the bank yesterday, there’s no danger of variable rate hikes in the […]

More and more I realize how so much information regarding mortgages never gets to the consumer.  I’m going to start blogging some mortgage information that will help people understand the process of getting a mortgage in today’s world.  Many are still under the impression it’s the same getting a mortgage now than it was 5 […]