The first weeks of February saw wrenching volatility across most major stock markets, and this was observed with great concern amongst the various shareholders. Two conclusions can be drawn; firstly, many stocks are still doing very well in year 2018; secondly, Canada’s stock market has been performing poorly compared to the US market. During the […]

Welcome to the Guardian Financing February, 2018 monthly newsletter. This month’s issue is on why a Chinese pullback may hurt the Canadian housing market. Why a Chinese Pullback May Hurt the Canadian Housing Market There is no denying that the prices of residential homes in Toronto and Vancouver have continued rising, compelling organizations like Housing […]

The new mortgage rules aimed at cracking down on the Canadian mortgage market will result in about 100,000 people to fail a stress test on their finances. Starting January 2018, every unsecured borrower from a federally regulated lender will have their finance’s stress tested to ascertain that they will meet their mortgage obligation, should rates […]

With a second mortgage, you have the ability to take a loan against the value of your home. Your home becomes an asset over time, and it grows in value, thus giving you the leverage you need to access more funding. If you feel baffled by all the hullabaloos about second mortgages in Canada, here […]

Getting a mortgage is never a walk in the park. It is a complex process, and a time consuming one where most people normally end up making very costly mistakes. As a mortgage broker, it is imperative upon you to educate your clients about some of the huge mistakes they may fall for so that […]