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My Mortgage Blog — Latest Posts
Jonathan Buffone || December 06, 2018
The Upside of Alternative and/or Unregulated Lenders
A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...
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Jonathan Buffone || October 17, 2017
New Mortgage Rules - Consumers Lose 20% Buying Power
It’s official, OSFI (Office of the Superintendent of Financial Institutions) has released their new mortgage regulations that will take effect as of Jan 1, 2018. What are the New Rules? The primary...
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Jonathan Buffone || October 13, 2017
Debt-to-Income Ratio and Equifax Breach
For every $1 of household disposable income, Canadians have $1.68 in debt. You earn $1, you owe $1.68 – your debt-to-income ratio is 168%. It seems like a fairly startling figure, especially the way...
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Jonathan Buffone || February 17, 2017
Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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