Never have we seen so many changes in such a short time. This has been a month jam-packed with mortgage rule easing. Last week, the feds declared that starting Dec. 15, they’re boosting the property value limit for default insurance to $1,499,999.99, increasing the maximum amortization for all insured first-time buyers to 30 years and lifting the maximum amortization for all insured buyers of new construction to 30 years. What does that mean for you.... Borrowers got yet another round... [read more]

Few things will sink the serenity you achieve during a vacation faster than coming home to find your basement flooded. We know this from experience, as a client recently returned from a trip to discover that a burst pipe had been furiously gushing water out into their basement for a week.  If you live in Toronto, water usage is metered, (as it is in most large city centers across Canada)  With a metered system, any leak, no matter how small, can quickly drive up your water bill.... [read more]