Category: Mortgage Broker
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Policy Updates: Mortgage Insurance Premiums
In April 2014 the Office of the Superintendent of Financial institutions (OFSI) released a set of Mortgage Insurance Underwriting Guidelines. In order to comply with OFSI’s new B-21 Insurance Guidelines, our partners at Genworth and CMHC recently announced new pricing for mortgage insurance premiums. Download Policy Updates on Mortgage Insurance Premiums here.
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The Hidden Costs of Home Ownership
These costs can come as a shock to first time home buyers and must be taken into serious consideration. In his three decades as a real-estate agent in North Vancouver, B.C., Kelly Gardiner has seen a lot of different reactions from people buying a house for the first time. Usually, they’re excited, nervous and overwhelmed.…