Kevin Cheatley Mortgage Agent

06/22/2017

Looks like Mr. Buffet thinks the Canadian market is still good to go!

The deal gives the embattled alternative mortgage lender a much-needed, more cost-effective funding arrangement and serves a major endorsement

04/21/2017

Ontario's Fair Housing Plan introduces a comprehensive package of measures to help more people find affordable homes, increase supply, protect buyers and renters and bring stability to the rea...

04/20/2017

Heres what you need to know about the 15 percent foreign buyer tax coming to Ontario.

The Canadian Press has learned that the Ontario government will place a 15-per-cent tax on non-resident foreign buyers as part of a much-anticipated package of housing measures to be unveiled today

03/01/2017

Bank of Canada is keeping their eye on things.

http://m.mortgagebrokernews.ca/news/bank-of-canada-announces-rate-221892.aspx

Says it is keeping an eye on economic uncertainties

01/19/2017

Some info to help you understand the Ontario first time home buyer rebate. If you have any questions please let me know. Thanks as always!

http://www.firsthomerebate.ca/ Home ownership is part of the Canadian Dream. Young families need help buying their first home. With this new Ontario Governme...

01/18/2017

The Central Bank makes its first announcement since Donald trump won the election

01/17/2017

Mortgage loan insurance premiums increasing effective March 17.

The average homebuyer will see a $5 increase to their monthly mortgage payment as a result.

As always if you would like to obtain/renew a mortgage, or would just like to have a chat about the current climate of the market please do not hesitate to contact me.

Thanks as always!

CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17

12/29/2016

Some good examples why our housing market at this juncture, is different than the US market prior to the 2008 crash. Give it a like if you found it helpful! Thanks as always! Wishing everyone Happy Holidays!

https://www.google.ca/amp/s/sec.theglobeandmail.com/globe-investor/investment-ideas/us-hedge-funds-make-bets-against-canadas-home-capital-group/article33438764/%3fservice=amp

Canada’s largest non-prime mortgage lender is presently the most shorted stock in the S&P/TSX composite index, with more than 30 per cent of float sold

11/19/2016

Interesting article examing possible scenarios we could face over the next 3 years. As always please let me know if you require any assistance with finacing. Enjoy the weekend everyone!

http://www.cbc.ca/news/business/cmhc-stress-test-1.3855434

A sudden interest rate increase that spikes borrowing costs, causes a big drop in house prices and leads to the failure of a domestic financial institution could cost Canada Mortgage and Housing Corp. more than $1 billion in losses, the federal agency says.

11/15/2016

https://beta.theglobeandmail.com/globe-investor/personal-finance/genymoney/amid-rate-market-uncertainty-nows-the-time-to-strategize-on-housing/article32844796/?ref=http://www.theglobeandmail.com&service=mobile

If you are looking to buy or need to renew a fixed rate is always safe in times like this. Please let me know if I can help!

Canadian housing may finally be reaching its peak as the combined affects of federal regulation and threat of rate hikes could cool the market

11/11/2016

Lest we forget...

11/09/2016

http://www.moneysense.ca/spend/real-estate/u-s-presidential-election-impact-of-trump-or-clinton-win-on-canadas-real-estate/

Lets hope moneysense is right on this one "Impact on home buyers: Continued low mortgage rates"

Many are trying to predict what could happen to U.S., world and Canadian financial markets now Trump's won. Canada’s real estate sector is no exception.