by Rylan Hahn | Mar 11, 2014 | First Time Buyers, Mortgage Advice
CMHC insurance premiums are increasing effective May 1, 2014 For almost every purchase in Canada where clients are putting down less than 20% down payment, your mortgage is insured against default by on of the mortgage insurers in Canada, either CMHC, Genworth, or...
by Rylan Hahn | Oct 23, 2013 | First Time Buyers, Mortgage Advice
Flexible and creative Alberta acreage mortgage options: We have the pleasure to work with many clients who have approached their bank about purchasing a new acreage in Alberta only to find out that their bank typically doesn’t love financing acreages and will...
by Rylan Hahn | Oct 16, 2013 | First Time Buyers, Mortgage Advice
Fixed vs Variable Mortgages (to lock in or to float) The Canadian mortgage markets have shifted and there is a legitimate conversation for the choice between fixed and variable mortgages. For the past two years the variable rate mortgage has been a poor choice for...
by Rylan Hahn | Aug 13, 2013 | First Time Buyers, Mortgage Advice
The Department of Finance and CMHC recently announced that they were enforcing their CMHC limits on Canadian Lenders. First, a little bit of the back story on CMHC limits: Every January, the government of Canada and CMHC set a maximum amount of mortgage volume that...
by Rylan Hahn | Jul 10, 2013 | First Time Buyers, Mortgage Advice
CMHC changes have occurred again – and its not good news for you On June 27 CMHC changes were announced that affect the Canadian mortgage lending rules and were primarily designed to make is more difficult for clients to qualify for their new home purchase....
by Rylan Hahn | Apr 30, 2013 | First Time Buyers, Mortgage Advice
Fort McMurray Mortgages I am happy to announce today that Roost Mortgage has launched its first region specific mortgages solutions team specializing in Fort McMurray Mortgages. The service is being offered exclusively for mortgages on homes in Fort McMurray. The aim...