20 May 2020

Holy ….. smokes.   Let me explain before I react.   CMHC is the government body that insures mortgages. To put it in the simplest of terms, when CMHC insures a mortgage, it means the bank essentially does not have any risk when it issues the loan. Of course there’s some risk carried by the bank but…

05 May 2020

First off – hope you’re all doing well. I know #COVID19 is not the best time for everyone out there. As the data keeps coming, things seem to get better, so let’s keep being smart and responsible! In the meantime… a rant. Why the hell are mortgage penalties so wildly different for the exact same…

02 Apr 2020

Ok. I get it. I know that most of you are going to be very angry at this post because it may seem like I am actually encouraging people to get out there and buy properties. I’m not. As a matter of fact, anyone who calls me asking for financing options, the first question I…

18 Mar 2020

As I wrote in my previous post, there is relief coming to help you with your mortgage, should you need it. I think a lot of people will jump at the chance. As a result, a lot of our lenders are going through extremely busy times. Let’s all be patient. In the meantime here’s a list…

18 Mar 2020

Welcome to the new normal. First, I want to acknowledge the strong leadership that we are seeing across all party lines. I want to say thanks to the thousands of Canadians who are working their butts off keeping us healthy and safe, at their own risk. The health-care staff, the operational staff, the store clerks,…

04 Mar 2020

Ahhh-chooo!! Not since 2008 have we seen a unilateral world-wide response to a global issue affecting our economy. Yesterday the Federal Reserve lowered rates by 1/2 in the US. Today, the Bank of Canada did what many thought there would be no chance of happening in 2020; Also cut rates by 1/2%. Here is what the Bank…

27 Feb 2020

Four Ways To Buy A House Without Money Today I’m going to talk about how to buy a house without any money. I know it sounds like a little bit of a trick, a gimmick, a “click-baitey” type of headline. Yup! You got it! If it walks like a duck and talks like a duck……

20 Feb 2020

2020 has started off on a bangin’ note. If you were looking at property late 2019 and didn’t pull the trigger, you’re probably finding yourself in a new galaxy of prices. One of the smartest people I follow on Twitter (and someone who I don’t always get along with, mind you), posted this last night:  …

14 Jan 2020

It’s my first post of 2020 and already – just two weeks into the year – I’m angry, mad, and annoyed. Not a good way to start but when I read something that is fundamentally flawed based on one very important detail that makes the whole story, I have no other feelings other than simply: anger….

08 Nov 2019

Working in mortgages can literally be like walking on a minefield sometimes. There are so many different policies, procedures and surprises that can come at you, from any direction, you almost have to be like the guy from The Matrix, trying to dodge bullets. Not surprisingly one of the biggest confusing points is the true…