by admin | Feb 23, 2018 | Uncategorized
What You Need to Know About the Canadian Mortgage Stress Test It’s official. The Office of the Superintendent of Financial Institutions (OSFI) released the final version of the new B-20 Guideline for the mortgage industry – effective Canada on January 1st, 2018....
by admin | Jan 24, 2018 | Uncategorized
8 Ways to Financially Recover from Holiday Overspending Overspending during the holidays can put a crippling hold on your finances as you enter the New Year. While buying expensive Christmas gifts and indulging in Boxing Day sales may have felt good and “worth it” at...
by admin | Dec 12, 2017 | Uncategorized
How Mortgage Works in Canada? 9 Essential Tips So, you’re Canadian eh? Well, good news, we are too! Canadian through and through, our Mortgage Station team understands how mortgages work and function across our great nation. Although headquartered in Lefroy Ontario,...
by admin | Nov 16, 2017 | Uncategorized
The process of consolidating debt aims to help individuals to pay off their consumer debts by taking out a new loan. This combines multiple debts into a singular pool of debt, which typically offers better pay-off terms that an individual would receive with multiple...
by admin | Oct 24, 2017 | Uncategorized
For millennials wrestling with the idea of purchasing a home in the New Year, feelings of fear and anxiety are to be expected. The reality is, young homebuyers are in a very vulnerable and difficult position, as they will face higher rates than the generations before...
by admin | Sep 15, 2017 | Uncategorized
A Reverse Mortgage Is a loan available to seniors and is taken out against the value of a home. These funds are advanced in the form of either fixed monthly payments or a line of credit. Reverse mortgages allow seniors to use the equity they have built up in their...