by Tribe Financial | Nov 15, 2016 | Announcements, Blog, Economy, Homeownership, Mortgage
Well, after many years of unprecedented low interest rates in Canada, it appears the Canadian government by way of rule changes, and the American government by way of Trump, are impacting mortgage rates. Simply put, the Canadian government has recently made it more...
by Tribe Financial | Nov 4, 2016 | Blog, Homeownership
Often times it’s the simple math that will betray you when selling a property. In your head you do quick calculations, you take what you think your property will sell for and then subtract what you owe on your mortgage, and the rest is your profit! Well…...
by Tribe Financial | Oct 3, 2016 | Announcements, Blog, Economy, Homeownership
This morning, Finance Minister Bill Morneau announced new housing measures, changes meant to alleviate risk in Canada’s current housing market. The measures include: Standardizing lending criteria for high- and low-ratio mortgages, including a mortgage stress...
by Tribe Financial | Sep 27, 2016 | Blog, Homeownership, Lists
If the great BC power outage of 2015 taught us anything, it was that anything can happen at any time. Final tallies estimate power was lost to over 500,000 homes and businesses across BC, with some outages lasting several days. This had a lot of people taking a good...
by Tribe Financial | Aug 5, 2016 | Blog, Homeownership, Lists
If you talk to any REALTOR®, they will confirm that in couples looking to find their “forever home” there has been a recent surge in demand for a space dedicated as a man cave. It could be the basement (the darker the better) or it could be in a garage,...
by Tribe Financial | Jul 7, 2016 | Announcements, Blog, Homeownership
Although no firm changes have been announced regarding mortgage regulations, it looks like this might be the beginning of something. The following is correspondence shared by Mortgage Professionals Canada by email to the mortgage industry, it has been shared here for...