by Allison Engst | Jan 17, 2017 | Announcements, Blog, CMHC, Homeownership
The Canadian Mortgage and Housing Corporation announced this morning that they will be increasing mortgage insurance premiums on March 17th 2017. They were quick to outline that the changes would only amount to roughly a $5 increase per month for borrowers. Which was...
by Allison Engst | Jan 16, 2017 | Announcements, Blog, Homeownership
On December 15th 2016, the Government of British Columbia announced that it was taking bold action on housing and that they had created a program to help first time home buyers get into the housing market. The program offers an interest free loan of up to $37,500 for...
by Allison Engst | Jan 5, 2017 | Blog, Finance
Over the last three years, Canadian financial blogger Sandi Martin from Spring Personal Finance has released a series of posts with her dreams for her clients in each 2015, 2016, and now 2017. It started with finding clarity, then taking ownership, and now the series...
by Allison Engst | Dec 16, 2016 | Announcements, Blog, Homeownership
Today the BC government introduced an innovative new program designed to assist first time home buyers with their downpayment. BC is now offering interest-free loans up to $37,500 to first-time homebuyers. The following is from the government website! Every British...
by Allison Engst | Nov 22, 2016 | Blog, Homeownership
The Canadian government just released its housing strategy plan, called “What We Heard, Shaping Canada’s National Housing Strategy”. It has been included below in all its 66 page glory, but first here are some of the highlights. Helping those in...
by Allison Engst | Oct 12, 2016 | Announcements, Blog, Economy, Homeownership
This morning, Finance Minister Bill Morneau announced new housing measures, changes meant to alleviate risk in Canada’s current housing market. The measures include: Standardizing lending criteria for high- and low-ratio mortgages, including a mortgage stress...
