by stephanie@thewindrosegroup.ca | Sep 17, 2020 | Bank of Canada, Finance, First-Time Homebuyer, Investment, Loan Payment, Mortgage, Private Lending
COVID-19’s impact on businesses, communities and individuals has already been drastic and we are still feeling the effects on a daily basis. During times of market uncertainty such as The Great Depression & Financial Crisis of 2007/8, people often search for... 
by stephanie@thewindrosegroup.ca | Nov 19, 2019 | Bank of Canada, Canadian Government, Finance, Mortgage Rate
The five-year benchmark qualifying rate is now 4.94%, down from the previous 5.04%.The five-year fixed benchmark qualifying rate has been used to qualify mortgages since the Fall of 2016, when the stress test was implemented. The qualifying rate is used in stress... 
by stephanie@thewindrosegroup.ca | Nov 17, 2019 | Bank of Canada, Canadian Government, Finance, First-Time Homebuyer, News, Tax
The idea of filing taxes can often bog us down. But what about the important tax credits that may be beneficial to you? For example, the First Time Home Buyer Tax Credit.The First Time Home Buyer Tax Credit (HBTC) was introduced with the intention of assisting... 
by stephanie@thewindrosegroup.ca | Nov 16, 2019 | Bank of Canada, Credit Report, Loan Payment, Mortgage, Mortgage Rate
A few months ago, in the mortgage world, the big news was the Canadian Government allowing mortgage holders the ability to defer payments if required due to COVID-19. Not much was known about it then, but mortgage agents were working diligently with their...
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