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What Do You Need to Be Preapproved for a Mortgage?

What Do You Need to Be Preapproved for a Mortgage?

by Kara Herbeson | Jun 19, 2020 | Blog, Economy, Finance, Homeownership, Mortgage

Before you head out home shopping, it’s important to first determine how much you can comfortably afford to spend. Not only will getting your mortgage agent to arrange a pre-approval help you understand what lenders look for when granting you a home loan, but it will...
Have an Insured Mortgage? How Could CMHC Changes Affect You?

Have an Insured Mortgage? How Could CMHC Changes Affect You?

by Kara Herbeson | Jun 5, 2020 | Announcements, Blog, CMHC, Economy, Finance

The COVID-19 pandemic is having an impact on all sectors of Canada’s economy, including housing. Job losses, business closures and a drop in immigration are adversely affecting Canada’s housing markets, and CMHC foresees a 9% to 18% decrease in house prices over the...

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