Stephen Blackburn Mortgages

08/29/2019

Tips to pay off your mortgage early
http://bit.ly/31oQURG
We offer mortgage services. Visit us at www.stephenblackburnmortgages.com for more information

Tips from the experts on how to pay off your mortgage quickly

08/22/2019

Mortgage stress test rules get more lenient for first time
http://bit.ly/2YlojPe
We offer mortgage services. Visit us at www.stephenblackburnmortgages.com for more information

There's good news for anyone who has decried the new mortgage stress test rules, as the hurdle set up by Ottawa to save borrowers from themselves just got a bit lower.

08/15/2019

With fixed rates below variable ones, mortgage market is in the Upside Down
http://bit.ly/31muNew
We offer mortgage services. Visit us at www.stephenblackburnmortgages.com for more information

Normally, the peace of mind of having a fixed mortgage rate comes with a price premium. Now, they come with a discount. Here's what's happening.

08/08/2019

Bank of Canada lowers qualifying rate used in mortgage stress tests
http://bit.ly/2KjiXvQ
We offer mortgage services. Visit us at www.stephenblackburnmortgages.com for more information

07/11/2019

How to take advantage of a real estate buyers market
http://bit.ly/2JYRMaS
We offer Mortgage Services. Visit us on www.stephenblackburnmortgages.com for more information.

We are at an impasse as sellers want last years prices (when they were much higher) and buyers want tomorrow’s prices (expecting them to be lower). Nobody wants to act first.

07/04/2019

Why it might be time to rethink Canada's mortgage stress test
https://yhoo.it/2MD5XVn
We offer Mortgage Services. Visit us on www.stephenblackburnmortgages.com for more information.

Under the new requirements, you need to prove that if interest rates rise sharply, you can still keep up with your mortgage payments. That means you have to qualify at an interest rate around two percentage points above what the lender is offering.

06/27/2019

Fear of missing out: Report finds many first-time home buyers anxious when it comes to down payments
http://bit.ly/2WqHjuF
We offer mortgage services. Visit us at www.stephenblackburnmortgages.com for more information

More than half of recent first-time home buyers in Canada were worried they'd miss out on their dream property because their down payment wasn't big enough.

06/20/2019

Interest-Only Mortgages Have Come To Canada, But Do We Really Need This Innovation?
http://bit.ly/2YxkSRM
We offer mortgage services. Visit us at www.stephenblackburnmortgages.com for more information

Canada's "boring" financial system kept us out of trouble during the financial crisis. Now they want to make things interesting. Uh oh.

06/14/2019

Bank of Canadas Poloz: There are good reasons to encourage mortgage terms longer than 5 years
http://bit.ly/2MDJirW
We offer Mortgage Services. Visit us on www.stephenblackburnmortgages.com for more information.

06/13/2019

What home buyers should know about the Canadian mortgage stress test
http://bit.ly/2Hp2apZ
We offer mortgage services. Visit us at www.stephenblackburnmortgages.com for more information

The federal government’s stricter new borrowing guidelines affect you if you plan to apply for a mortgage, and even if you already have one.

06/10/2019

The real estate markets burning question: Should you buy now or buy later?
http://bit.ly/2H6rcK8
We offer mortgage services. Visit us at www.stephenblackburnmortgages.com for more information