by Zohreh Fayaz | Feb 9, 2017 | Blog
If you’ve been following the financial news in Canada lately (or if you read the blog here regularly), you will know that a lot is changing in the world of mortgage financing. Most recently, the Canadian Mortgage and Housing Corporation (CMHC) announced an...
by Zohreh Fayaz | Feb 7, 2017 | Blog, Finance
This article was written by Randy Cass of Nest Wealth and was originally published on January 15th, 2016. Your 40s and 50s bring a new, different kind of financial challenge. In your 20s and 30s, you probably struggled with the question of how to make enough money....
by Zohreh Fayaz | Jan 31, 2017 | Blog, Homeownership
Have you ever wondered about how to protect yourself from mortgage fraud? Although the chances of you becoming a victim of mortgage fraud is relatively small, if you do become a victim, it will certainly have a long lasting negative impact on your life. So best to be...
by Zohreh Fayaz | Jan 18, 2017 | Announcements, Blog, Mortgage
Looks like 2017 begins the same way 2016 ended, with the Bank of Canada announcing that it has maintained its target for the overnight rate at 1/2 percent. While the Bank Rate is correspondingly 3/4 of a percent, with the deposit rate holding steady at 1/4 percent as...
by Zohreh Fayaz | 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 Zohreh Fayaz | Jan 10, 2017 | Blog, Mortgage
As part of Genworth’s Homeownership Education Week Seminar, Genworth decided to get social and ask recent first time homebuyers to give simple advice to others looking to purchase their first home. The results were captured and included in the Spring issue...