May 2024

Mortgage Pre-Approval VS Mortgage Qualification

Posted on May 26, 2024



Looking to buy your first home?
Thinking about making a move? 

Whatever your goals, when it comes to getting a mortgage, there are a few things you can do in advance to make the mortgage process easier!

Getting Pre-Qualified: The purpose of mortgage pre-qualification is to help you get a general idea of what you can afford when shopping for your new h...

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New Mortgage Policies Aim to Enhance Homeownership Affordability

Posted on May 20, 2024



The federal government has unveiled a series of mortgage reforms designed to make homeownership more attainable for Canadians. Here are the key aspects of the new policies:

Longer Amortization for New Homebuyers

Policy Change:
  • Effective Date: August 1
  • Details: First-time homebuyers will now have the option of 30-year amortization periods on insured mor...

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