John Boyaci - Home Financing Advisor / Conseiller Financement Residentiel

09/27/2021

09/27/2021

09/13/2019

Sailing away in Turkey in the middle of mountains the most magnificent place on earth . @ Akvaryum Adasi Fethiye

09/11/2019

Gocek Turkey heaven on earth.

08/18/2019

First day at racing school. Future F1 pilot in the making. GO HENRY @ Circuit ICAR

06/22/2019

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06/21/2019

Giles doesn't believe there will ever come a day where a bot or AI would completely replace a mortgage specialist.

Royal Bank says it's not in any rush to do away with mortgage advisers either, but notes that there are improvements to be made in making the process of obtaining a mortgage — and buying a home — more seamless.

"A lot of people make decisions just on rate, but it's so much more. It's how you manage all the costs of home ownership. You can't get that all online and most people just want someone to talk to."

TORONTO — Sometime in the near future, the majority of mortgage applications in Canada will be completed online or with a chatbot, mortgage expert Rob McLister predicts. McLister, who runs mortgage comparison website RateSpy.com, says unlike the

06/21/2019

More Calgary homeowners are turning to private lenders to help refinance their properties, re-establish credit or consolidate debt, according to mortgage brokers, private lenders and the Real Estate Council of Alberta.

What isn't known is just how many more private mortgage loans are being approved, but the Canada Mortgage and Housing Corporation is for the first time trying to track the numbers.

Some lenders say more Calgary homeowners are turning to private mortgage companies to help refinance their properties, re-establish credit and consolidate debt. But it can be costly.

06/20/2019

Opposition Leader Jason Kenney says Alberta Premier Rachel Notley's government has failed to fight back against Ottawa's stricter rules on mortgages and he would push for changes to make it easier to buy a home.

"If you elect a United Conservative government, we are going to go to bat for (those) ... who are being pushed away from home ownership because of the prejudicial, regional, unfair stress test imposed by the Canada Mortgage and Housing Corp.," Kenney said Wednesday in a speech to Calgary real estate agents.

"The current NDP government has been absolutely silent about this. We will not be."

Opposition Leader Jason Kenney says Alberta Premier Rachel Notley's government has failed to fight back against Ottawa's stricter rules on mortgages and he would push for changes to make it easier to buy a home.

06/20/2019

Canada’s increasingly restrictive mortgage regulations and the rising interest rates issued by the Bank of Canada never cease to grab our attention. But their impact on Canada’s expanding gig-based work force has rarely been examined.

Some estimates have the “non-traditional” work force (self-employed, consultants, freelancers, independent contractors etc.) comprising between 20 per cent to 30 per cent of all working Canadians. But, as Canada’s work force becomes more gig-based, conventional mortgage regulation is trending ever further from recognizing this fact. The result? Non-traditional workers in Canada are facing a harsh reality when it comes to applying for a home mortgage: rejection.

As Canada’s work force becomes more gig-based, conventional mortgage regulation is trending ever further from recognizing this fact

06/18/2019

Canada's main financial regulator is coming under increasing pressure from banks and mortgage industry lobbyists to ease a stress test designed to cut out risky lending, but the regulator is expected to hold off on changing the rules, three sources with direct knowledge of the matter told Reuters.

Proponents of a change say easing the terms of the test would alleviate a housing slowdown and stem the flow of borrowers being pushed toward loosely regulated private lenders but one source with direct knowledge of the matter said the regulator is reluctant to meddle with a test it introduced only 13 months ago.

Keeping the mortgage stress test at its current level doesn't make sense when mortgage rates are rising, the industry says.

06/18/2019

Canada’s banking regulator defended tougher mortgage underwriting rules blamed recently for a slump in the nation’s housing market, but left open the possibility that regulations could ease if conditions change.

Carolyn Rogers, the No. 2 at the Office of the Superintendent of Financial Institutions, said the tougher mortgage lending rules remain a prudent way to guard against risks in the the marketplace. Still, the regulator is continually assessing conditions.

“OSFI monitors the environment on a continual basis and when we determine that adjustments to our standards and guidelines are warranted, we make them,” Rogers said in a speech Tuesday in Toronto.

Carolyn Rogers, the No. 2 at the Office of the Superintendent of Financial Institutions, said the regulator is continually assessing conditions.