If you are a Canadian considering buying a home, then you may have heard about the changes in mortgage rules which became effective in January 2018. Here is a look at the major ones which will impact you directly if you were thinking about going for a mortgage: All uninsured mortgages will have to go […]

Welcome to the Guardian Financing May, 2018 monthly newsletter. This month’s issue is on the BoC’s hold on rates, as well as the emergence of Montreal as a hot market. Bank of Canada Holds Rates, Montreal Market Becoming Hotter According to the Bank of Canada, interest rates remained unchanged primarily due to “weaker than expected […]

More and more Canadians are getting into self-employment or working on a contractual basis.  Recent statistics indicate that almost 23% of all income earners in the country are self-employed or survive on part time jobs. Unfortunately, it is not always easy for them to be approved for a private mortgage loan. Most self-employed individuals pride […]