by Tribe Financial | May 28, 2021 | Blog, Economy, Finance, Homeownership, Mortgage
A recent Equifax survey of Canadian consumers shows 40% feel that mortgage fraud is a growing problem. Even more unsettling is that 9% admit to not having been entirely truthful on their loan applications, and a similar number believe it’s acceptable to falsely report...
by Tribe Financial | May 21, 2021 | Blog, Economy, Finance, Homeownership
In today’s unconventional housing market, where inventory is low, competition is fierce and bidding wars are common, obtaining a mortgage preapproval has never been more important. In the face of multiple offers and fast-paced decisions, having a preapproval in hand...
by Tribe Financial | May 7, 2021 | Economy, Finance, Homeownership, Mortgage
The federal government introduced a number of relief measures last year in an effort to assist individuals facing significant financial hardship due to the COVID-19 pandemic, including the opportunity for Canadian lenders to allow customers to defer their mortgage and...
by Tribe Financial | Apr 23, 2021 | Announcements, Blog, Economy, Finance, Homeownership
Labelled one of the most widely anticipated and important budgets of our time, Budget 2021, delivered on April 19th, lived up to its promise. The first budget in over two years and first since the outbreak of the global pandemic, Budget 2021: A Recovery Plan for Jobs,...
by Tribe Financial | Apr 16, 2021 | Blog, Homeownership, Mortgage
When buying a home, mortgage financing requirements are subject to lender approval, which is based on certain conditions including an appraisal of the property. The appraisal is conducted by a licensed, professional real estate appraiser who provides an evaluation of...
by Tribe Financial | Apr 9, 2021 | Blog, Economy, Homeownership, Mortgage
Canadians are living longer and changing our society in significant ways. Expected to grow by 68% in the next 15 years, this surging demographic is heavily influenced by aging baby boomers, advances in modern medicine, healthier lifestyles, and an increased resilience...
