New First Time Buyer Incentive is now available
First-Time Home Buyer Incentive (FTHBI) CMHC will provide an extra 5% of your down payment for the purchase of existing homes, or 10%...
The Mortgage Duo
Sep 3, 2019
Mortgage Stress Test Rate Decreased
The purpose of using a benchmark rate when qualifying for a mortgage is to ensure that one can still manage their mortgage payments if...
The Mortgage Duo
Jul 19, 2019
The Benefits and Risks of Co-Signing for a Mortgage
Thanks to tighter mortgage qualification rules and higher-priced real estate—particularly in the greater Vancouver and Toronto areas—it’s...
The Mortgage Duo
Jul 10, 2019
New First Time Buyer Incentives effective Sept 2019
The Liberal Government has announced their first time buyer initiative that they expect will take effect Sep 2019. We have limited...
The Mortgage Duo
Mar 21, 2019
Bank of Canada raises rates once again. Whats to come?
Bank of Canada has raised their overnight rate by 0.25%, bringing it to 1.75%. Which for most lenders will likely increase their Prime...
The Mortgage Duo
Oct 24, 2018
Bank of Canada Raises Interest Rates for the fourth time in 12 Months
Bank of Canada has raised their overnight rate by 0.25%, bringing it to 1.50%. Which for most lenders will likely increase their Prime...
The Mortgage Duo
Jul 11, 2018
Top 12 Things to take away from the 2018 BC Government Budget Review
After the 2018 Budget review the BC Government announced the following changes related to Housing Speculation Tax Starting this year,...
The Mortgage Duo
Feb 21, 2018
Bank of Canada raises interest rates for the third time in 6 Months!
Bank of Canada has raised their overnight rate by 0.25%, bringing it to 1.25%. Which for most lenders will likely increase their Prime...
The Mortgage Duo
Jan 17, 2018