“What’s your best 5 year fixed rate these days?”

That is probably one of the most common questions I get as a mortgage broker.  In the past it was an easy question to answer, unfortunately that’s not the case anymore.

Today there are 4 different categories a borrower can...

It has now been a couple months since OSFI introduced its new mortgage lending guidelines which included a 2% stress test on all uninsured mortgages and the effects are beginning to be felt.

Here are some of things I’m seeing:

1. More Declines with traditional banks and...