Mortgages by Carolann Young

Carolann Young || October 16, 2024

Alternative mortgage solutions: Creative solutions for those with unique financial situations

Applying for a mortgage can feel daunting, especially if your financial situation doesn’t fit the standard criteria.Whether you’re self-employed, have a less-than-perfect credit history, earn income...

Carolann Young || October 11, 2024

Federal program introduces easier refinancing for homeowners adding rental suite

The federal government announced a new mortgage refinancing program designed to help homeowners add secondary suites—such as basement apartments or garage conversions. The...

Carolann Young || September 26, 2024

Big week for mortgage rules: Feds announce key reforms

It’s been a big week for mortgage news, with both the federal government and OSFI rolling out important updates. The government has shared more details on its mortgage reforms, like...

Carolann Young || September 16, 2024

CMHC Mortgage Cap Raised to $1.5M, 30-Year Amortizations Expanded

The federal government today announced some sweeping changes to Canada's mortgage system in an effort to improve housing affordability and access. One of the key changes...