by Boris Mahovac | Blog, Credit Cards
Important update: this program is no longer available. We still offer the HT Secured VISA cards. With our new Cash Back MasterCard it doesn’t matter if you’re buying groceries or gas, dining out with friends, getting a haircut or seeing the latest movie...
by Boris Mahovac | Blog, Free Resources
You can get mortgage relief by asking your bank to defer your payments. Because of the COVID-19 pandemic, you, like many Canadians, may be suffering from loss of wages, salary or business, if you’re an owner of a small business. Canadian banks are prepared to...
by Boris Mahovac | Blog, Market, Mortgages, Refinancing
The Bank of Canada today increased its target for the overnight rate to 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. [Variable rate mortgages are immediately affected as chartered banks and other lenders raised their...
by Boris Mahovac | Blog, Financial Advice, Mortgages
With the new Office of the Superintendent of Financial Institutions stress test rules firmly in place since January, Canadian home buyers have learned they need to arm themselves with practical information on how they can ensure they are “stress-test ready”....
by Boris Mahovac | Blog, Mortgages, Refinancing
OTTAWA – October 17, 2017. Today the Office of the Superintendent of Financial Institutions Canada (OSFI) published the final version of Guideline B-20 − Residential Mortgage Underwriting Practices and Procedures. The revised Guideline, which comes into effect...
