My Mortgage Blog — Latest Posts
Eric Gall || November 14, 2017
A Time of Great Change
As you probably know, the mortgage rules are changing once again, effective January 1. The introduction of the minimum qualifying rate (stress test), this time for uninsured buyers, may be the...
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Eric Gall || February 21, 2017
Pre-Approval or Pre-Qualify – What’s The Difference?
I get this question a lot and I see quite a few clients coming too me saying they have been pre-approved but received a decline when they had an offer on the table.To get a mortgage you basically need...
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Eric Gall || January 20, 2017
Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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Eric Gall || January 20, 2017
Millennials need help with home ownership
Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage...
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