| Recent Blog Posts by CENTURY 21 Colonial Realty Inc. | ||
New Mortgage RulesThe new mortgage rules recently announced by the Government of Canada thru CMHC left a few lingering questions. For the most part the new rules raised the bar for most borrower classes with an eye toward making it somewhat harder to get mortgage financing. Speculators were hardest hit as the Down-payment threshold for CMHC coverage for non-owner occupied dwellings was lowered to 20%, speculators ...
Posted by Ritchie Simpson
on March 8, 2010
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Why Get Pre-approved for a Mortgage Before Shopping for a Home?Purchasing a first home, or a new home, can be an exciting adventure. It can also be a daunting task if you don’t know where to start. With so many properties on the market at any given point in time, zeroing in on the perfect home can be a time-consuming and frustrating task.
The secret to finding your new home quickly with the least amount of effort and hassle is to narrow your ...
Posted by Mike Lafontaine
on February 8, 2010
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