Steve Futyer Mortgage Broker Kitchener Waterloo Cambridge Toronto

Steve Futyer || March 22, 2019

Anatomy of mortgage changes

There is little doubt that housing sales have slowed down in the past year, due in large part to stricter mortgage regulations. Part of those regulations is a mortgage stress test that requires...

Steve Futyer || March 15, 2019

The Canadian economy and the housing market

We are living in strange times, economically speaking. Mortgage stress tests have slowed the housing market and may be one of the reasons the Bank of Canada has signaled it may pause on increasing...

Steve Futyer || December 06, 2018

The Upside of Alternative and/or Unregulated Lenders

A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...

Steve Futyer || September 19, 2018

Everything You Need To Know About Getting A Second Mortgage

If you have been in your house for a period of time you can access the equity in your home and obtain a second mortgage as low as $10,000. Equity is the difference between your home’s appraised value...