Bob Beach - The Burlington Mortgage Centre wishes you and your family a happy and safe holiday season and all the best for the New Year 2023!

Bob Beach the Burlington Mortgage Centre Blog
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Season’s Greetings from Bob Beach - The Burlington Mortgage Centre
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The Canadian Mortgage Stress Test Has Gone Up & Here's What That Means
Original Article Source Credits: Narcity, https://www.narcity.com/
Article Written By: Tristan Wheeler
Original Article Posted on: July 25, 2022
Link to Original Article: https://www.narcity.com/the-canadian-mortgage-stress-test-changed-heres-what-that-means
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You need an income of nearly $180,000 to buy a home in Hamilton
Original Article Source Credits: The Hamilton Spectator, https://www.thespec.com/
Article Written By: Fallon Hewitt
Original Article Posted on: July 26, 2022
Link to Original Article: https://www.thespec.com/business/real-estate/2022/07/26/you-need-an-income-of-nearly-180000-to-buy-a-home-in-hamilton.html
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Panicking over rising interest rates? Mortgage specialists share advice to help ease stress
Original Article Source Credits: CBC News, https://www.cbc.ca/
Article Written By: Colleen Underwood
Original Article Posted on: Jul 26, 2022
Link to Original Article: https://www.cbc.ca/news/canada/calgary/rising-interest-rates-mortgage-specialists-future-1.6530969
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Housing investors are heading for the exits as rates rise - BNN Bloomberg
Original Article Source Credits: BNN Bloomberg, https://www.bnnbloomberg.ca/
Article Written By: Ari Altstedter, Bloomberg News
Original Article Posted on: Jul 25, 2022
Link to Original Article: https://www.bnnbloomberg.ca/housing-investors-are-heading-for-the-exits-as-rates-rise-1.1796593
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More families are choosing multigenerational living amid Canada’s housing crisis
Original Article Source Credits: The Globe and Mail, https://www.theglobeandmail.com/
Article Written By: BEN MUSSETT
Original Article Posted on: JULY 25, 2022
Link to Original Article: https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-canada-multi-generational-living-housing/
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Home price gains will 'slow sharply' in 2022: Capital Economics
Original Article Source Credits: BNN Bloomberg, https://www.bnnbloomberg.ca/
Article Written By: REAL ESTATE
Original Article Posted on: Dec 2, 2021
Link to Original Article: https://www.bnnbloomberg.ca/home-price-gains-will-slow-sharply-in-2022-capital-economics-1.1690300
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Can You Qualify for a Mortgage While on Probation at Your Job?
Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/
Article Written By: Ross Taylor
Original Article Posted on: 11th Jan 2022
Link to Original Article: https://www.canadianmortgagetrends.com/2022/01/can-you-qualify-for-a-mortgage-while-on-probation-at-your-job/
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Season’s Greetings From Bob Beach - The Burlington Mortgage Centre
Happy Holidays from Bob Beach - The Burlington Mortgage Centre. Wishing you a joyous and safe holiday season and a Happy New Year 2022!
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The Canadian Property Bubble Inflation Is Now 75% Of Net-Worth Growth
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Daniel Wong
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/the-canadian-property-bubble-inflation-is-now-75-of-net-worth-growth/
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CMHC changes underwriting practices on mortgage loan insurance
Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market share.
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Soft Demand For New Housing Crashed Lumber Prices Over 40% In Just 38 Days: BMO
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Daniel Wong
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/soft-demand-for-new-housing-crashed-lumber-prices-over-40-in-just-38-days-bmo/
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Average Home Price Hits a Record $716,828. Is Another Policy Response Coming?
Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: April 15, 2021
Link to Original Article: https://www.canadianmortgagetrends.com/2021/04/average-home-price-hits-a-record-716828-is-another-policy-response-coming/
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Interest on mortgages
Original Article Source Credits: Government Of Canada , https://www.canada.ca/
Article Written By: NA
Original Article Posted on: 2020-12-29
Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/interest-on-mortgages.html
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A Canadian Government Official Finally Used The Term “Bubble” To Describe Property
Original Article Source Credits: Better Dwelling, https://betterdwelling.com/
Article Written By: Stephen Punwasi
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/a-canadian-government-official-finally-used-the-term-bubble-to-describe-property/
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Four Tips To Help You Get the Best Mortgage Product And The Best Rates
Selecting a mortgage that meets your budget and needs can be a tricky affair. Since you’ll likely be paying back your mortgage over a long period of time, you want to secure a product that offers the best possible interest rate and terms. Even a fraction of a percent on your interest rate can either help you save or cost you thousands of dollars over the lifespan of the loan.
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Mortgage rates are starting to edge higher in Canada
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Fergal Smith and Noor Zainab Hussain
Original Article Posted on: March 2, 2021
Link to Original Article: https://financialpost.com/real-estate/mortgages/canada-mortgage-rates-edge-higher
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The First-Time Home Buyer Incentive
Original Article Source Credits: Canada Mortgage and Housing Corporation , https://www.cmhc-schl.gc.ca/
Article Written By: NA
Original Article Posted on: NA
Link to Original Article: https://www.cmhc-schl.gc.ca/en/nhs/first-time-home-buyer-incentive
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Why You Should Choose Bob Beach - The Burlington Mortgage Centre!
If this is your first-time in home buying, you need to make sure your financial health is set before you begin. In case you have a low credit score or have a high debt payment, it’s best that you share this information with a reliable mortgage broker so that they can help you out or provide a realistic idea of whether you would qualify for a mortgage. These mortgage professionals will help you make sense of the mortgage jargon and do their best to get the best mortgage suited to your financial situation.
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Canada’s Over 30% More Dependent On Real Estate Than The US In 2006, Shows GDP
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Stephen Punwasi
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/canadas-over-30-more-dependent-on-real-estate-than-the-us-in-2006-shows-gdp/