Canadian mortgage regulators announced that, as of October 17, all CMHC-insured high-ratio mortgages (downpayments of 20% or less) will have to be qualified using the Mortgage Qualifying Rate (MQR) which is 4.64% currently. This is slightly more than double today’s ...

From The Pan-Am Athlete’s Village to Booming Canary District   The story of the Canary district is one of triumph, luck and transformation. Unlike so many other cities that create infrastructure for events like the Olympics (Montreal Olympic Stadium, I'm ...

  A Tricky Split The Story: Husband & Wife recently divorced. They have combined unsecured debts over $100k with R4 status. Husband had credit score of 510 and is a seasonal worker. Wife is Self Employed with 490 credit score. ...

A long time client of Matrix Mortgage Global, Lloyd, had wanted to open up his own small business; a bottled water company. He had the business name registered for over 5 years and his friends started to tease him that ...

If you ever scratch your head in disbelief at how some of Toronto’s neighbourhoods have changed so dramatically seemingly overnight, there’s good reason to believe your eyes. According to the Toronto Star, almost one quarter of the city showed some ...

DEAL OF THE WEEK Purpose: Clients needed funding for a investment home purchase + renovation for a single family detached house in North York. “As Is” Value: $800,000 “As If Complete” Value: $950,000 We arranged for clients to get a ...

After reading this article you will want to JUMP at the opportunity to network this Wednesday, September 14 -- RSVP HERE: http://bit.ly/2coCpWG 3 HUGE Benefits Of Networking Raising Your Profile  The familiarity bias is a driving force behind the automatic assumption that someone or ...

Several forthcoming reports on the best cities for property investment in Ontario (SpendTree, Moneysense) suggest that looking outside the biggest housing markets will yield the most robust returns. Here's our top 4 housing markets which are sure to surprise you. Thunder Bay. ...

Debt Sucks, and freedom from debt is the sweetest relief of all. Using your home equity to consolidate debt could save you hundreds of dollars per month. If you have a significant amount of credit card debt, tax arrears, personal loans, etc. you ...

Insider Tips: Which Renovations Will Boost Your Home's Resale Value? When considering which home improvements to undergo, a good rule of thumb is to consider the amount of money spent compared to the value it will add to the home. ...