10 Nov

What mortgage rule changes mean for Nova Scotians.

Mortgage Rules

Posted by: Jim DeCoste

In October, OSFI (Office of the Superintendent of Financial Institutions) announced that effective January 1, 2018 the new Residential Mortgage Underwriting Practices and Procedures (Guidelines B-20) will be applied to all Federally Regulated Lenders. Note that this currently does not apply to Provincially Regulated Lenders (Credit Unions) but it is possible they will abide by […]

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9 Nov

Mortgage Advice And Options Mean You’re In Control

Mortgage Tips

Posted by: Jim DeCoste

Today, you and your spouse go looking for a new home. You’re excited because after years of scrimping and saving, you can finally afford your own place. You’ve engaged a realtor and he’s called you to say that he’s found your new home. You visit the property and while its not perfect, your realtor insists Read […]

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