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At Mortgage Teacher, we're dedicated to helping you make smart mortgage choices. Follow our blog to stay up-to-date on recent Canadian mortgage trends, latest mortgage news, and changes to mortgage rules. Our team of mortgage brokers offer the best advice for both first time home buyers and current homeowners on refinancing, renewals, construction, renovations, and more.
CMHC addresses their move on the new rule changes
On June 21, 2012 the Government of Canada announced new parameters regarding the application of government backed mortgage insurance.
Mortgage Rules change in effect July 9, 2012
This morning, the Federal Finance Minister announced further changes to Canada's mortgage insurance rules.
I would like to move forward with my pre-approval. What exactly will I need?
You will be required to provide the following list of information to your mortgage professional to finalize the mortgage