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...
by Nick Bachusky | Jun 20, 2012 | Inside Mortgages this Week, Mortgage Trends
Hello everyone! I am sorry that this post is coming out a day late. I was in Toronto over the weekend visiting with my family which included watching my beloved Dutch lose all three games in the Euro, very much the most disappointing team in the tournament. I will now...
by Nick Bachusky | Jun 12, 2012 | Inside Mortgages this Week, Mortgage Trends, OSFI
Hey everyone! I hope you had another great weekend in the capital! There was so much going on all over. So many charity events, so many community events, I just love this city! I was volunteering at the CHEO BBQ, where we were able to help raise $65,000 for CHEO as...
by Nick Bachusky | May 28, 2012 | Inside Mortgages this Week, Mortgage Trends
Hey everyone! I hope you had a great weekend! There were so many exciting events and activities in the capital, it really makes you appreciate the winters we have here. Please watch and share my video this week where we are looking at unpleasant reports coming out of...
by Nick Bachusky | May 15, 2012 | Inside Mortgages this Week, Mortgage Trends, Mortgage Video
Hey everyone! The spring/summer market is in full swing, its a great busy time of year for sure! This year is quite unusual as now Canada is leading the year on year average home price increase’s as recently reported by The Economist. Housing starts are...