by Jodi | Sep 27, 2019 | Classified, First Time Home Buyer, Interest Rates, Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Tips & Advice, Uncategorized
There are a dozen steps that are part of every Grande Prairie home buyer’s process if you can’t afford to pay cash for the property. We’ll outline these steps and involve what is involved in each. Step 1: The Introduction Before you start touring properties, talk...
by Jodi | Aug 13, 2019 | Classified, First Time Home Buyer, Interest Rates, Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Tips & Advice, Uncategorized
There are a number of events that can leave someone with bad credit. Bad financial mismanagement early in life is one. Job losses, health problems and business failures can leave us with more debt than we can pay. When that results in bankruptcy or consumer proposals,...
by Jodi | Jul 15, 2019 | Classified, First Time Home Buyer, Interest Rates, Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Tips & Advice, Uncategorized
The Canadian government has tightened its mortgage regulations over the past few years in an effort to cool off overheated housing markets like Toronto and Vancouver while trying to prevent people ending up in homes they can’t afford. This led to the use of mortgage...
by Jodi | Jul 1, 2019 | Classified, First Time Home Buyer, Interest Rates, Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Tips & Advice, Uncategorized
A client recently approached Grande Prairie Whalen Mortgages saying they couldn’t buy the home they wanted. They came to us because they’d already been rejected by their local bank. They were told to come back after they’d saved at least a 10% down payment. Never mind...
by Jodi | May 15, 2019 | Classified, First Time Home Buyer, Interest Rates, Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Tips & Advice, Uncategorized
If the Conservatives win in October’s federal election, it would have major changes to Canadian mortgage regulations. Andrew Scheer shared his vision with the Canadian Home Builders’ Association or CHBA. Andrew Scheer said the combination of endless tax hikes and...
by Jodi | Mar 23, 2019 | Classified, First Time Home Buyer, Interest Rates, Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Tips & Advice, Uncategorized
The 2019 budget includes a new solution to the Canadian housing market collapse and housing affordability crisis – shared equity mortgages or SEM. This would be through the First Time Home Buyers Initiative or FTHBI. The 2019 budget doesn’t include a lot of details...
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