Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  JULY 2, 2021

Link to Original Article:  https://betterdwelling.com/canadian-real-estate-brokers-see-a-big-cut-in-revenue-pushing-the-gdp-sector-lower/

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Clayton Jarvis

Original Article Posted on:  Jul 02, 2021

Link to Original Article:  https://financialpost.com/moneywise/mortgage-debt-in-canada-is-soaring-thats-no-reason-to-panic

Does consumer debt have you down about your hopes of buying your first home? When applying for a mortgage, your current expenses and debt will be considered before actually approving you for a mortgage. This is used to determine what you can afford and the level of risk that comes with lending to you. Having too much consumer debt during your pre-approval process can reduce the amount you qualify for, or in the worst case you may be declined for a mortgage entirely.

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Stephen Punwasi

Original Article Posted on:  JUNE 30, 2021

Link to Original Article:  https://betterdwelling.com/bank-of-canada-is-quietly-updating-forecast-models-to-include-debt-and-real-estate

Original Article Source Credits:   Dominion Lending Centres , https://dominionlending.ca/

Article Written By:  DLC Marketing Team

Original Article Posted on:  May 18, 2021

Link to Original Article:  https://dominionlending.ca/mortgage-tips/getting-the-down-payment-down

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Clayton Jarvis

Original Article Posted on:  May 25, 2021

Link to Original Article:  https://financialpost.com/moneywise/canadas-high-unemployment-may-help-low-mortgage-rates-stick-around

I wanted to take a moment and share some information with you about a product that is becoming increasing popular with the aging demographic in Canada: the CHIP Reverse Mortgage.

Original Article Source Credits:   Dominion Lending Centres , https://dominionlending.ca/

Article Written By:  Sherry Cooper

Original Article Posted on:  May 17, 2021

Link to Original Article:  https://dominionlending.ca/economic-insights/housing-market-slowed-in-april-as-renewed-lockdown-took-its-toll

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  May 21, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/05/insured-and-uninsured-mortgage-stress-test-changes-confirmed-for-june-1/

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  APRIL 20, 2021

Link to Original Article:  https://betterdwelling.com/canadian-real-estate-is-moving-from-pent-up-demand-to-pent-up-supply/

Original Article Source Credits:    Dominion Lending Centres , https://dominionlending.ca/

Article Written By:  Sherry Cooper

Original Article Posted on:  March 12, 2021

Link to Original Article:  https://dominionlending.ca/economic-insights/roaring-canadian-jobs-market-signals-economic-rebound

As a mortgage professional, I understand that purchasing a house for the first time can be quite daunting. Buying a home can be a stressful task, but you can quickly and efficiently handle your mortgage approval and legal requirements with a little preparation.

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  MARCH 4, 2021

Link to Original Article:  https://betterdwelling.com/canadians-now-pump-more-into-residential-real-estate-than-business-development/

When buying a house, it is often believed that paying for the property is the only expense the buyer has to bear. However, that’s far from the truth. To complete the purchase of a property, there are several other costs that you need to shoulder, like legal fees, transfer tax, and closing costs. In addition to this, homeownership entails other expenses like renovations, repairs, maintenance, etc.

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  FEBRUARY 8, 2021

Link to Original Article:  https://betterdwelling.com/the-pandemic-was-bullish-for-canadian-real-estate-confirms-national-stats-agency/#_

1. Get Pre-Qualified in Under 60 Seconds

• With our industry leading software, you can find out how much you would qualify for on your next home, within 60 seconds! Just answer the questions, and you will generate a pre-qualification certificate to let you know where you stand on your next home purchase. Additionally, when your ready to lock in a rate you can easily move on to the next step of completing your application online through the app or reach out to your mortgage also inside the app.

Original Article Source Credits:   Dominion Lending Centres , https://dominionlending.ca/

Article Written By:  Sherry Cooper

Original Article Posted on:  February 5, 2021

Link to Original Article:  https://dominionlending.ca/economic-insights/why-all-the-talk-around-rising-interest-rates-in-canada

Establishing a good credit score plays a vital role when it comes to qualifying for a mortgage. It is an important piece of your financial image and you need to fully understand how it works. However, the spread of misinformation about credit has concocted myths that could influence you to use your credit inappropriately and ultimately affect your credit score. Moreover, believing these misconceptions could lead you away from creating a healthy credit habit. To help you steer clear of these misconceptions, Cody Rowe - Mortgage Specialist, has debunked three of the most widely believed myths about credit.

Original Article Source Credits:    CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  December 4, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/12/first-time-home-buyer-incentive-to-become-more-useful-in-select-markets/

Original Article Source Credits:   Canada Mortgage and Housing Corporation  , https://www.cmhc-schl.gc.ca/

Article Written By:  NA

Original Article Posted on:  December 23, 2020

Link to Original Article:  https://www.cmhc-schl.gc.ca/en/housing-observer-online/2020-housing-observer/mortgage-consumer-credit-trends-q3-2020-data