Mortgages

CMHC Tightens Lending Guidelines

March 5, 2010 by Nikkibrokerab · Leave a Comment 

Oh Boy.  Here we go.  I was chatting with my favorite underwriter at Scotiabank yesterday and she whispered how frustrated she was with CMHC and that Genworth is much more willing work with mortgage clients, whether buying or refinancing.  The new rules as layed out by Flaherty were pretty soft and didn’t really do much [...]

Flaherty Changes Mortgage Rules in Canada

February 16, 2010 by Nikkibrokerab · Leave a Comment 

Wondering how and IF this will affect you?
CLICK HERE to find out!

3.89% Offered for a Five year fixed rate Mortgage Calgary

December 8, 2009 by Nikkibrokerab · 1 Comment 

Looking for some last minute rate specials for that new purchase or refinance?
We are currently offering 3.89% for a 5 year fixed rate mortgage.  Closing in 30 days from today (January 27)?  Then you can get a quick close of 3.79%
Variable rate mortgages in Calgary are currently as low as prime minus .25 – which [...]

Fixed Rate Mortgage vs. Variable – The Great Debate

November 22, 2009 by Nikkibrokerab · Leave a Comment 

The Great Rate Debate
Should I even start?  This is a huge topic of controversy among Canadians right now between those of us with industry knowledge and experience and even those who don’t.
Here’s my TAKE on it, I do not present this with any predictions or claim for it to be fact.
This is how I advise [...]