Larry Ellis - Mortgage Broker

Larry Ellis || July 17, 2018

Interest rate increase has winners

Believe it or not, the recent .25% rise in the prime interest rate is an indicator of a healthy economy. Despite trade tensions, Canada’s economy looks to be weathering the tariff storm well, for...

Larry Ellis || June 14, 2018

Housing affordability continues to erode

New mortgage rules, rising interest rates, and stress tests have definitely cooled housing market activity by making it more challenging for some to qualify for mortgage. An unwelcome consequence...

Larry Ellis || April 09, 2018

The mortgage industry stresses quality or quantity. By Mark Kerzner, President TMG The Mortgage Group

The Canadian mortgage landscape has seen regulatory change after change combined with continued Government legislative changes since the Fall of 2016. Government changes to mortgage rules have been...

Larry Ellis || April 03, 2018

Are you planning to buy, refi or renew in 2018?

The Spring real estate market is upon us. Buying a new house should be exciting, but it can get pretty harrowing at times. You may worry you won’t qualify, given the new rules. There may be...