CMHC premium rates are increasing on insured mortgages

Starting in March 2017, Canadians who need an insured mortgage will have to pay a little more for the premium. This is an effort to strengthen the mortgage market. These steps follow recommendations from the Office of the Superintendent of Financial Institutions...

Government offers down payment loans to first time homebuyers

First-Time Buyer’s Mortgage Assistance Program Announced By BC Government Good news from the Government of BC! First-time property buyers can qualify for up to $37,500, or five per cent, of the purchase price of a home  beginning January 16, 2017.  With housing...
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