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My Mortgage Blog — Latest Posts
Federal program introduces easier refinancing for homeowners adding rental suite
The federal government announced a new mortgage refinancing program designed to help homeowners add secondary suites—such as basement apartments or garage conversions. The...
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Big week for mortgage rules: Feds announce key reforms
It’s been a big week for mortgage news, with both the federal government and OSFI rolling out important updates. The government has shared more details on its mortgage reforms, like...
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CMHC Mortgage Cap Raised to $1.5M, 30-Year Amortizations Expanded
The federal government today announced some sweeping changes to Canada's mortgage system in an effort to improve housing affordability and access. One of the key changes...
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Effect of new CMHC rules for Firt time Home Buyer
The difference between a 30-year amortization and a 25-year amortization can significantly impact what first-time homebuyers qualify for in terms of their mortgage.30-Year Amortization: Spreads...
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