Vancouver Mortgage Broker | Katy Mackenzie

Katy Mackenzie || July 23, 2019

What does a lower stress test rate mean?

For the first time in three years we have seen a reduction in the stress test rate. This rate also known as the benchmark rate has been reduced from 5.34% to 5.19%.How does this impact you?The stress...

Katy Mackenzie || June 17, 2019

First-Time Home Buyer Incentive details announced

The details of Canada's new First-Time Home Buyer Incentive (FTHBI) program have been announced. Whether you are a first-time home buyer, realtor with clients interested or just curious about the new...

Katy Mackenzie || June 14, 2019

Broker versus bank. Which do I choose?

One of the most common questions I get asked is why would I choose to work with a mortgage broker versus the bank. I recently had the pleasure of being a special guest on the Kelly Hale Real Estate...

Katy Mackenzie || June 11, 2019

The ongoing stress test debate

By Mark Kerzner, President, TMG The Mortgage GroupThe controversy over the mortgage stress test continues. Banks, economists, mortgage lenders, Realtors, mortgage brokers, and its association Mortgage...