Mortgage News: OSFI to Re-launch Review of the Uninsured Stress Test

Latest News Jag Dhamrait 9 Apr

Canada’s bank regulator, The Office of the Superintendent of Financial Institutions (OSFI) announced on April 8, 2021, that it will restart a review of the stress test rate on uninsured mortgages. If approved, the qualifying stress test rate will move higher from 4.79% to 5.25% or two percentage points above the market rate, whichever is […]

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What is a Reverse Mortgage?

Mortgage Tips Jag Dhamrait 6 Apr

Did you know? Reverse mortgages are continuing to gain popularity for 55+ homeowners in Canada! For many Canadians who are looking to retire but currently facing high debt load and ongoing expenses, as well as reduced income, it can be a challenge. This is where the reverse mortgage can help! This product is also a […]

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6 Smart Ways to Cut Your Energy Costs

General Jag Dhamrait 3 Apr

In the last decade, climate change and energy efficiency have become top of mind for many Canadians. From wanting to do our part by recycling to making our home as energy efficient as possible, there are so many benefits to being environmentally and energy conscious. If you are looking to cut costs or simply want […]

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Selling Your Home in the Winter

Mortgage Tips Jag Dhamrait 6 Mar

While you might think selling your home in winter is harder, with the right considerations it doesn’t have to be! When selling your home during warmer months, the focus is typically on curb appeal and gardening, as well as having bright colours and patterns to draw out different rooms. While curb appeal should not be […]

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New Year Home Maintenance Plan

Home Tips Jag Dhamrait 20 Jan

Keep your home in comfy, cozy and working order all year long with this easy maintenance schedule highlighting important areas to check – and when! January: Safety check! Start your year off on the right foot by ensuring your home is in proper working order. Test your smoke and carbon monoxide detectors and replace batteries […]

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Happy New Year!

General Jag Dhamrait 1 Jan

We’re past the half way point in January! 2020 was a year full of surprises and change. 2021 gives us the opportunity for a fresh start, to renew or create new goals, and learn from past mistakes. Resolutions are not for everyone. If you made resolutions or goals, take them day-by-day and don’t be hard […]

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