New to Canada

More than 250,000 people immigrate to Canada annually, many of whom have dreams of setting up home. And while it’s true that credit history and visa issues can get in the way, it’s not as difficult … Read More

Flickr: camera_is_a_mirror_with_memory Last week, we updated an old blog post of ours on New to Canada mortgages. One piece of the puzzle we only briefly touched on was mortgage default insurance, and the fact that CMHC will insure … Read More

Last week it was widely reported that the CMHC – the largest mortgage default insurer in Canada and a crown corporation – was approaching its exposure limit. The insurer is subject to a $600B cap on … Read More

If you are new to Canada and need a mortgage to finance a home purchase, there are a number of decisions you will need to make and supporting documentation you may need to provide. The first … Read More