[Video] ๐Ÿ“ฃ Mortgage Qualifying Rate ๐Ÿ“ˆ Rule๐Ÿ‘ฎ Changes - Here are the FACTS ๐Ÿ‘‡

[Video] ๐Ÿ“ฃ Mortgage Qualifying Rate ๐Ÿ“ˆ Rule๐Ÿ‘ฎ Changes - Here are the FACTS ๐Ÿ‘‡

Today, (Oct. 17, 2017) OSFI (The Office of the Superintendent of Financial Institutions) just announced new mortgage qualification rules that are going to have a BIG impact on your how you qualify to buy a home or Re-Finance.

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What Happens?...After You Sign The Mortgage Papers (Video)

What Happens?...After You Sign The Mortgage Papers (Video)

Welcome to our "What Happens?" series where we break down and demystify the mortgage and home buying process that are often forgotten or confusing for borrowers from the outside looking in.

Let's break down what actually happens AFTER you have signed your mortgage approval. Believe it or not, there is still work to be done, read and watch so we can break it down:

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So...What is a Pre-Approval? (Video)

So...What is a Pre-Approval? (Video)

You're thinking about buying your first home, and not sure where to start?

Well, A Pre Approval would be what you're looking for if you want peace of mind, security, a plan and of course a much better chance of winning an offer, read on for details.

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๐ŸŽฅ Bank of Canada Moves to 1% ๐Ÿ“ˆ How does that impact you? ๐Ÿค”d

๐ŸŽฅ Bank of Canada Moves to 1% ๐Ÿ“ˆ How does that impact you? ๐Ÿค”d

So, the lending rate went up? Let me explain! The BoC decided to move the overnight rate up by a quarter percent, essentially reversing the drop from 2 years ago. Click on for a video explanation!

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Should You Use A Mortgage Broker or Bank? (Video)

Should You Use A Mortgage Broker or Bank?  (Video)

So, picture this you're about to head on out and buy your first house or, make a change to your current mortgage and wondering.."What is the best mortgage for me? Should I go fixed or variable? How do I pay it off faster?..." And a million other questions; Where do you go?

Well, historically or even still your intuition would be to go to the bank that gave you your mortgage because "they know me and will give me the best advice".....Mistake #1.

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(Video) 3 Things to Know About Mortgage & Real Estate in June

(Video) 3 Things to Know About Mortgage & Real Estate in June

3 Things To Know in #RealEstate & #Mortgages 

โœ”๏ธ Where are Interest Rates Headed? ๐Ÿ“ˆ
โœ”๏ธ How are Home Sales Going? ๐Ÿก 
โœ”๏ธ Are You or Someone You Know Self Employed? ๐Ÿ˜Ž

๐Ÿ‘‰  Enjoy & Share with someone you know! ๐Ÿ‘ˆ

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