Category Archives: Buying

Buying a home: The $7064 mistake you don’t want to make!

Bad News So, my phone rings on a cold and foggy morning in June, and it's from a somewhat familiar voice. It's a panicked (almost) client that purchased a property in early 2015. Back then I had a detailed mortgage plan laid out for this young professional couple, one that they had reviewed with me…

St. John’s Real Estate Market Update – Spring 2017

Spring 2017 Real Estate Market Update It's Spring in NL (or Sprinter), whichever you prefer. This is the time of year when we come out from our winter slumber and go outside to do things. Sometimes those things include the purchase and/or sale of a home. Since our local economy has been a bit of…

Buying a home in 2017? It just got more expensive.

It was announced this morning Jan 17th, that the countries national mortgage insurer will be once again raising insuring premiums on March 17th, 2017. (We expect Canada's 2 other mortgage insurers follow suit shortly). While the CMHC passes it of as only about $5 per month, in the case of an average home purchase on…

What’s next for home buyers in Newfoundland?

So, after attending a mortgage conference in southern California late last week I was just about to go into "airplane mode" on my mobile and zone out for a few hours on the way home, when I see that Global, The Star, The Globe & Mail and the National Post all had BREAKING NEWS from the Federal…

BREAKING NEWS: Drastic Mortgage Rule changes affect us all!

On Monday October 4th, Canada's Federal Finance Minister Bill Morneau blind sided the Real Estate and Mortgage Industry with new legislation that is going to have a fairly sizable impact on the National Real Estate Market. As of Oct 17th, 2016 all bets are off... The big announcement will undeniably affect the most vulnerable,…

January 11, 2019 3:14 pm
Variable Rate Mortgage? Switch and save $5000 or more!
Tick-tock... If you've negotiated a variable rate mortgage over the past 3-4 years, and stuck…
January 4, 2019 2:26 pm
When is the right time to refinance my mortgage?
Taking out some equity from your home to pay off higher interest debts can make…
November 13, 2017 2:33 pm
St. John’s is the 4th least expensive city in Canada…
A Grateful Perspective of Real Estate in Newfoundland and Labrador The Real Estate market in…
June 18, 2020 8:43 pm
Employment Opportunity: Office Administrator / Executive Assistant
We are a busy Real Estate and Mortgage firm located in the heart of…
June 5, 2020 1:52 pm
Mortgage Rule Changes 2020 (Covid Edition): How is it going to impact your ability to buy a home?
The New Deal So, late yesterday evening, the CMHC dropped another bombshell on home buyers…
June 2, 2020 12:13 pm
Money for Nothin’ (but your cheques are free!)
How did this happen? (to me) It's hard to explain to someone what a mortgage…