by Nick Bachusky | Mar 1, 2014 | CMHC
CMHC has announced another money grabbing initiative aimed at the people that seem to need the money the most to realize a dream of home ownership. They are consistently raking in record profits and bracing themselves for any defaults in the...
by Nick Bachusky | Dec 3, 2012 | CAAMP, CMHC, Mortgage Trends, Mortgage Video
[youtube]http://www.youtube.com/watch?v=vk1usmO_iFc[/youtube] Thank you for joining me this week. Because of major dips in sales in October, CAAMP as well as Toronto builders increasing pressure on Jim Flagherty to change mortgage rules. Jim probably will not. He has...
by Nick Bachusky | Sep 25, 2012 | CMHC, First Time Homebuying, Inside Mortgages this Week, Mortgage Trends, Mortgage Video, Uncategorized
Hi everyone, sorry about a little time off from the videos. The F market is upon us and I have been busy helping my clients with some amazing low rate financing. I can still do 2.99% 5 year mortgages with full pre-payments. This week I report on CMHC’s...
by Nick Bachusky | Aug 20, 2012 | Closing Costs, CMHC, First Time Homebuying, Inside Mortgages this Week, Mortgage Trends, OSFI
Good day everyone! [youtube]http://www.youtube.com/watch?v=n9o8o3YZFFU[/youtube] The most popular rates this week continue to be the 3.09 5 year rate and the 3.89 10 year rate. This week Adrienne Warren, a Bank of Nova Scotia economist, expects Canada to be in elite...
by Nick Bachusky | Jun 25, 2012 | Amortization, CMHC, First Time Homebuying, Mortgage Trends
Hello Everyone! I hope you had a great weekend doing some of the several amazing Ottawa events that went on this weekend. I personally enjoyed the Community Cup at Brewer park, the Dragonboat festival at Mooney’s Bay and of course, Ribfest. I used to go to it...
by Nick Bachusky | Jun 21, 2012 | Amortization, CMHC, First Time Homebuying, Mortgage Trends, Refinancing
Wow, so after many debates on whether Jim Flaherty was going to step in or not to try to stop the increasing debt to income ratio for Canadians, he announced some pretty drastic changes yesterday. They are going into effect on July 9th, so talk with your clients and...
