How Does the Financial Stress Test Work in Canada?
Since January of 2018, Canadians applying for a mortgage with a federally regulated lender have had to first pass a financial stress test before they could be approved. This has
Can You Be Denied a Mortgage Renewal?
Most people don’t think much about their mortgage renewal until they get a reminder in the mail from their financial institution that their renewal is coming up. But the truth
According to CMHC Cost of Commuting in Toronto May Outweigh Savings of Living in the Suburbs
When your career, family or just life brings you to live in a large metropolitan area like Toronto, you’ll also find yourself dealing with higher costs in living and maybe
Steps To Take After A Mortgage Renewal Is Denied
Matrix Mortgage Global – Steps To Take After A Mortgage Renewal Is Denied When the term of your current mortgage reaches its maturity date, you have to renew the outstanding
Will a Consumer Proposal Affect My Mortgage Renewal?
Matrix Mortgage Global – Will a Consumer Proposal Affect My Mortgage Renewal? Have you ever wondered whether that consumer proposal you’re considering might affect you if you mortgage is coming
How Much Do You Have To Put Down On A Commercial Property?
Matrix Mortgage Global – How Much Do You Have To Put Down On A Commercial Property? A commercial mortgage is a loan taken out on commercial real estate using the
Are you paying too much on your mortgage?
Matrix Mortgage Global – Are you paying too much on your mortgage? Close to a quarter of Canadians may be paying higher rates on their mortgages than they need to,
What happens when you renew your mortgage?
Matrix Mortgage Global – What happens when you renew your mortgage? When you first get your mortgage and move into your new home, the last thing that you are probably
Five Reasons You Should Get Preapproved for a Mortgage Before You Begin House Hunting
Matrix: Five Reasons You Should Get Preapproved for a Mortgage Before You Begin House Hunting Are you in the market to get a new home? Congratulations! But before you start