The Liberal government is overhauling the rules governing the mortgage industry in a bid to target what it said were “pockets of risk” in the housing market. The three-pronged approach includes doubling the minimum down payment for some home buyers, increasing the fees charged to lenders that securitize government-backed mortgages, and proposed changes that could (…) Continue Reading →
Archive | December, 2015
Dec
18
The Saskatoon Mortgage Broker shares article on new downpayment rules from the Liberal Government
Dec
17
Saskatoon Mortgage Broker shares article on homeowners hiking mortgage down payments- Re/Max poll
Re/Max said in its own surveys over 66 per cent of Canadians agree that 10 per cent or more is a good level for down payment on a home. To read the complete article click here
Dec
16
Saskatoon Mortgage Broker shares article – Choosing the right term for your property
As property owners, you are best-suited to make the decision on the term since you really know what you plan to do with your asset. However, there are options that exist that can help provide guidance. To read about the benefits of each term at renx.ca click here
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