Power of Sales and Investments
  
83 PERRY STREET
Woodstock, Ontario
17 CRONYN STREET
Woodstock, Ontario
205 ALBERT STREET
Ingersoll, Ontario
148 OLIVER STREET
Woodstock, Ontario
30 PEARL STREET
Tillsonburg, Ontario
14 VICTORIA STREET S
Woodstock, Ontario
56 BAY STREET
Woodstock, Ontario
584465 BEACHVILLE ROAD
Beachville, Ontario
[Not intended to solicit clients under real estate contract]
The ins and outs of mortgage pre-approvals and how to polish up your credit score
Murtaza Haider and Stephen Moranis of the Haider-Moranis Bulletin explain the procedure of getting a mortgage approval and why it is so important
Continue Article Here...
Canada’s mortgage stress tests just got a little easier
The interest rate used in Canada’s mortgage stress tests has fallen for the first time since 2016, making it slightly easier to become a homeowner.
The mortgage qualifying rate dropped to 5.19 per cent from 5.34 per cent, where it had been locked since May of 2018, according to new figures from the Bank of Canada. The rate is derived from the most frequently occurring five-year, fixed posted rates at Canada’s Big Six banks. (Market rates are much lower, and some discount lenders offer five-year fixed rates as low as 2.47 per cent.)
The qualifying rate had increased several times during 2017 and 2018 as the Bank of Canada raised its key interest rate, and as bond yields headed higher.
Continue Article Here...
|
