As of November 21, 2024, the Office of the Superintendent of Financial Institutions (OSFI) has eliminated the mortgage stress test requirement for uninsured mortgage switches in Canada. This significant policy… Read it »
As we approach the end of 2024, understanding Canada’s mortgage landscape is essential for anyone navigating the housing market or holding a mortgage. The latest Residential Mortgage Industry Report highlights… Read it »
When it comes to mortgages, terms like "prime rate," "bank rate," and "fixed rate" can feel confusing. Knowing what these rates mean and how they’re set can help you understand… Read it »
After a distinguished career, our good friend and colleague Debra Schulz will be retiring from First Foundation on October 31! Debra’s long-standing commitment to her clients and her expertise have… Read it »
As Canada's real estate landscape changes, Alberta remains at a crossroads. While regions like Toronto and Vancouver have fully transitioned into buyer’s markets, Alberta's major cities, Calgary and Edmonton, continue… Read it »
If you’re planning on buying or selling real estate in Alberta, you may want to wrap up those transactions soon. Starting on October 20, 2024, the fees for land title… Read it »
