Saskatoon Mortgage Professional

Joy Beauchamp || July 22, 2021

Update to Canada’s Mortgage Qualifying Rules Explained

Earlier this summer, new changes were announced for the federal mortgage stress test, shifting the ground again in terms of how much house new and seasonedhome buyersare qualified to purchase.In...

Joy Beauchamp || July 19, 2021

Will High Inflation Prove to be Temporary? The Bank of Canada Thinks So.

Inflation in Canada is now expected to run a full percentage point above the Bank of Canada’s (BoC) target of 2% through the end of the year. But the central bank believes—for now at least—that...

Joy Beauchamp || June 29, 2021

Why Refinance?

🎋Refinancing can be a fresh start.🏠When you have been paying down your mortgage, you've gained equity in your home. You may be able to access this equity as cash. The funds that are taken out are...

Joy Beauchamp || June 22, 2021

Renewing Your Mortgage Early

An early renewal is when you renew your mortgage before your term is up. Your mortgage term is a contract that you have with your lender for a specific amount of time, typically 3 or 5 years.So, why...