What is a second chance? An opportunity to try something again, a fresh start, or a do over (or if you play golf consider it a mulligan). If you’re a homeowner, the current market conditions may be giving you that second chance right now. You have likely heard that mortgage interest rates have plummeted to […]
Yesterday afternoon, The Canadian Mortgage and Housing Corporation, better known as CMHC, announced changes to its mortgage insurance underwriting and acceptance criteria. These changes take effect on July 1, 2020 and will impact those applying for mortgage financing. If you want to buy a home with a down payment of less than 20 per cent, […]
It’s impossible to plan on many of the unexpected things that life can throw at us; job loss, illness, divorce, or as we’ve seen recently with a global pandemic like Coronavirus (COVID-19). There are many reasons why you may need to break your mortgage early, and while it’s not something you plan for when you […]
While the problems in the credit market were obvious for months, the COVID19 crisis further exposed the significant problems in the system.
With so much in the news recently on mortgage rates, Ron Lefebvre explains the impacts of what the recent rate cut could mean for Edmonton homeowners, along with other helpful insights on this radio broadcast of The Ryan Jespersen Show on 630 | CHED.