This week Jim Flaherty and his Federal Department of Finance announced some important reforms to the rules governing mortgage qualification. See my reaction in the video below.

I’ve recently picked up the classic novel The Foutainhead by Ayn Rand (1943). Reading it this afternoon I came across an unusually insightful quote by one of the lesser characters in the book; Kent Lansing.
“When facing society, the person most concerned, the person who is to do the most and contribute the most, has the [...]

There is no such thing as a silly question. Especially when it comes to your mortgage and money! As a mortgage broker I sit down and work with a lot of borrowers, some have a very high level of financial literacy and others never had the opportunity or need to learn.  Arranging a mortgage on [...]

This week’s question is in regards to the various post we have online regarding Private Mortgages in Toronto.
What is a private mortgage?
Private mortgages are a special and very interesting type of mortgage option that most people are not too familiar with. The most basic definition of a private mortgage is a mortgage contract in which [...]

Week number 2 of “Ask a S.O.B”. This question didn’t come from a reader but is probably the question I most commonly get asked during the first conversation with a client.
“How Does A Mortgage Broker Get Paid?”
I think sometimes people are a little embarrassed or they feel it’s taboo to ask this perfectly valid question. [...]

This is the inaugural post for a new section I want to run on my blog called “ASK A SOB”. Be sure to submit your questions and queries… I’ll respond once a week.
Mike B in Unionville writes- “Dear SOB, in your ‘Monday Market Minute’ posted on November 16th you add your opinion that the 3 [...]