by Jamie Cunningham | Sep 7, 2023 | Bills, Blog, Credit, Credit Checks, Debt, Mortgage, Mortgage Broker, Payments, PG Mortgage Broker |
These days, like so many things, your credit score is easily accessible and free. Not so long ago, the only way to see your credit score was to obtain a copy of your credit report, which involved submitting a request and paying for the privilege. In 2014, however,...
by Katy Livingstone | May 22, 2020 | Bank of Canada, Blog, Bristish Columbia, City of Prince George, Economy, Finance, Interest Rate, Mortgage, Mortgage Broker, Payments |
This week the Minister of Finance has announced that the Mortgage Stress Test rate will be decreasing. Effective May 25, 2020, the new benchmark rate used to qualify insured mortgage will be 4.94%. Previously, the Stress Test rate was 5.04% What does that mean for...
by Jamie Cunningham | May 1, 2020 | Announcements, BC, Bills, Blog, Bristish Columbia, City of Prince George, CMHC, Credit, Debt, Economy, Finance, Home Equity, Homeownership, Interest Rate, Mortgage, Mortgage Broker, Payments, PG Mortgage Broker, prince george |
We hope you and your family are enjoying good health and finding some measure of happiness in this strange spring. Certainly, many are feeling the financial pressures mount as we work together to conquer this pandemic. The good news is there are strategies that can...
by Jamie Cunningham | Mar 19, 2020 | Announcements, Bank of Canada, BC, Bills, Blog, Bristish Columbia, City of Prince George, CMHC, Economy, Finance, Homeownership, Interest Rate, Mortgage, Mortgage Broker, Mortgage Changes, Payments, PG Mortgage Broker |
To say the last couple of weeks have been chaotic, would be an understatement. It’s an unsettling time for most people and we are all trying to navigate through with the best of our knowledge and ability. In the mortgage world we have also had some big changes. I...
by Michelle McCullough | Oct 8, 2019 | City of Prince George, CMHC, Down Payment, First Time Home Buyers, Interest Rate, Mortgage, Mortgage Broker, Payments, PG Mortgage Broker, prepayment penalties |
A 2.4% online rate will definitely attract attention! But cheapest is not always best. Once the fine print is read, many will find they don’t qualify, and often there are restrictions that could really cost homeowners in the long run. That low rate may be for quick...
by Jamie Cunningham | Apr 3, 2019 | BC, Blog, Bristish Columbia, City of Prince George, CMHC, Divorce, Down Payment, Finance, First Time Home Buyers, Homeownership, Mortgage, Mortgage Broker, Mortgage Changes, Payments, PG Mortgage Broker, prince george, Separation |
The recent federal budget included Housing Affordability Measures that may be applicable to your situation, now or in the future. There are three key measures intended to help: an incentive for first-time homebuyers, an increase in the amount of RRSP funds first-time...
