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Self-Employed Mortgage with 1 Year Income — Ontario Guide

Yes, you can qualify for a mortgage in Ontario with only one year of self-employed income — but typically not through a major bank's standard A-lender channel, which usually requires two years of Notices of Assessment. The realistic paths are

CMHC: Is the Canadian Housing Market Recovering?

CMHC Insights: Are We Seeing a Turnaround in Canadian Real Estate?

A glimmer of hope amidst uncertainty? That's the question on everyone's mind as the Canadian housing market grapples with rising interest rates and affordability challenges.

Canadian Housing Market Heats Up: Prices Rise Amidst Falling Interest Rates

Canadian Housing Market Heats Up: Prices Rise Amidst Falling Interest Rates

The Canadian Housing Market is experiencing a resurgence, with November 2024 marking the second consecutive month of significant year-over-year gains. According to the Canadian Real

How To Qualify For Conventional Mortgages In Canada

Your Roadmap to Qualifying for a Conventional Mortgage in Canada

Navigating the Canadian mortgage landscape can be complex, filled with various options and terminology. One popular choice for homebuyers is the conventional mortgage. This comprehensive

Montreal Housing Market Explodes: Sales Soar 47% In November!

Montreal Housing Market Explodes: Sales Soar 47% In November!

Montreal Housing market defied expectations in November 2024, with a dramatic surge in sales and a steady climb in prices across all property types. This

Reverse Mortgages In Canada: Compare The Best Deals

Reverse Mortgages in Canada: Comparing the Best Deals

Reverse mortgages have become a hot topic in Canada as seniors look for ways to supplement their retirement income. With rising inflation and a growing

Latest BoC Rate Cuts Create Mortgage Opportunities

BoC Rate Cuts Open New Mortgage Opportunities

The Bank of Canada (BoC) has been making headlines with its series of interest rate cuts, and borrowers across the country are feeling the impact.

Canadian Banks Q4 Earnings: Navigating Uncertainty and Looking for Growth

Canadian Banks Q4 Earnings: Navigating Uncertainty and Looking for Growth

The Canadian banking sector is poised for a pivotal Q4 earnings season, with investors eager to see if the positive momentum built in recent months

OSFI: No More Stress Test for Uninsured Mortgage Renewals

OSFI: No More Stress Test for Uninsured Mortgage Renewals

In a landmark decision, the Office of the Superintendent of Financial Institutions (OSFI) has removed the stress test requirement for uninsured mortgage borrowers switching lenders

Mortgage Renewal Canada 2025: What Homeowners Need to Know

Mortgage Renewal in Canada 2025: Key Information for Homeowners

The Canadian mortgage landscape is undergoing a significant transformation as we head into 2025. With interest rates rising, borrower preferences shifting, and a surge in

Metro Vancouver Housing Market

Bank Of Canada Rate Cuts Fuel Demand In Metro Vancouver Housing Market (October 2024)

Sales Surge: October 2024 witnessed a remarkable 31.9% year-over-year increase in Metro Vancouver Housing Market , signalling a potential market rebound. This surge, bringing the

Toronto Housing Market

Toronto Housing Market Rebounds Strongly in October 2024

October 2024 witnessed a resurgence in the Toronto housing market, with homebuyers returning in droves as lower interest rates reignited affordability and eased mortgage costs.

Toronto Housing Market

Canadian Housing Market Roars Back to Life: October Sales Surge as Buyers Pounce on Increased Supply and Lower Rates

The Canadian housing market came roaring back to life in October, defying expectations and signalling a potential shift in the landscape. After months of subdued