Client Education Archives - Page 5 of 8

Canada Brings in Changes to the Mortgage Stress Test June 1st

Posted on June 1, 2021September 22, 2025 by Gerard Buckley

More change is coming for Canadians looking to get home financing. Proposed updates to the current mortgage stress test for applicants to get approval are kicking in June 1st. These changes are intended to defuse some of the unsustainable growth we’ve seen in the housing market over the past 18 months. Changes for […]

Changes for First-Time Home Buyers — What You Need to Know

Posted on May 14, 2021September 22, 2025 by Gerard Buckley

Did you know the Canadian government made changes to the First-Time Home Buyers Incentive (FTHBI) last week? Discover how the changes made on May 3rd, 2021, will ease the pressure on Canadians looking to enter the housing market in three key metropolitan areas below. What has Changed? The Department of Finance along with CMHC (Canada […]

Canada’s Housing Stress Test is Proposed to Change on June 1, 2021

Posted on April 14, 2021September 22, 2025 by Gerard Buckley

What that could mean for you: You may have heard recently that the OSFI (Office of The Superintendent of Financial Institutions, Canada’s Federal Financial Industry Regulator) is proposing a change to the stress test rate that will affect who can qualify for an uninsured mortgage. OSFI’s stated mission is contributing to the safety and soundness […]

Millennial’s Guide to Homeownership:

Posted on April 1, 2021September 22, 2025 by Gerard Buckley

Discover the best ways to prepare for your next Home Move. Is it time for you to make your move? Young people in the Millennial age category throughout Georgian Bay are being asked this question as the prices of local real estate skyrocket due to a shortage of listings and many people migrating north to […]

Lessons from the Pandemic — Canada’s Future After COVID

Posted on March 22, 2021September 22, 2025 by Gerard Buckley

Now that we know our weak points, growth in this country will likely be focused on key areas: It’s been an entire year since the first reports of a rapidly spreading respiratory virus graced headlines all over North America. Since then, we’ve experienced loss, uncertainty, political friction and the list goes on. But through the […]

10 Secrets to Success Worth Reflecting On

Posted on January 3, 2021September 22, 2025 by Gerard Buckley

There are few lasting thoughts that stay with you for a lifetime more than these 10 secrets to success. I have referred to these annually as I set my goals for the upcoming year. They remain as true today as they did when they were first published in the early 2000s. They assist me in […]

COVID-19 REAL ESTATE MARKET CHECK-IN — Where Ontario Housing Trends are Headed in 2021

Posted on December 11, 2020September 22, 2025 by Gerard Buckley

Continuing Lockdowns Push Urban Dwellers Out It’s an unprecedented time in Ontario’s real estate market. While some parts of the province are seeing development halts and pivots, other parts are exploding at rates nearly impossible to keep up with. So what do we see changing as 2021 sits just around the corner? Read on to […]

First Time Home Buying for Millenials in Ontario – How to Do it Right

Posted on November 27, 2020September 22, 2025 by Gerard Buckley

Follow These Important Steps to Get Closer to New Home Ownership: So — you’re ready to buy a home. The only problem is, you’re not exactly sure where to start. This year has thrown many curveballs to young Ontarians looking to break into the housing market. Lockdowns due to COVID19 have driven up prices […]

Get Your Clients Prequalified in 60 Seconds

Posted on September 27, 2020September 22, 2025 by Gerard Buckley

… and Add More Value to Your Deals! Tired of Losing Deals Due to Clients without Financing? At Mortgage Wellness, we believe that the first step to homeownership is a solid prequalification. That’s why we’ve made it a priority to offer a fast, accurate online prequalifying tool, making your life easier as a Real […]

Video: Prequalify for Your Next Home Now!

Posted on August 27, 2020September 22, 2025 by Gerard Buckley

Apply for Your Mortgage Pre-Approval Online with Gerard Buckley Is it time for your family to make your next move? Whether you’re looking to upgrade to a larger lot or entering the housing market for the very first time, before you begin shopping, there is one more step to take on. Prequalify for your mortgage […]