YOUR CANADIAN MORTGAGE BROKER

November 2, 2009

Changes to FirstLine Mortgage

MyMortgage.ca Informs: Changes to FirstLine Mortgage

FirstLine Policy Updates:

Private Sales- Private Sales no longer have to be insured HOWEVER this will be at the FirstLine mortgage underwriters discretion based on the strength of the application and property.

Additional new guidelines (proof of client identity and details regarding how how the mortgage associate and client know one another) are put into place to protect  mortgage associates and the client and FirstLine against fraudulent activity.

Find out more by contacting a mortgage associate at MyMortgage.ca.


BREAKING NEWS

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September 1, 2010
Not that there are a lot of people buying houses these days, but the answer to the age-old question of whether to go long or short on your mortgage is unclear yet again.
August 25, 2010

CALGARY - It's taking Calgarians longer now to sell their homes on the MLS market.

According to preliminary unofficial data on the website of realtor Mike Fotiou, of First Place Realty, so far this month up until Sunday the average days on the market for a single-family home to sell was 52 while it was 53 days for condominiums.

August 17, 2010
Five of Canada's major banks reduced many of their posted mortgage rates by one-tenth of a percentage point, effective today.
August 11, 2010
When investing in real estate, sometimes it’s necessary to look beyond your own backyard. The Real Estate Investment Network (REIN), a national organization of investors, has compiled what it says are the top 10 Canadian cities in which to invest.

www.mymortgage.ca

PHONE: 1.866.509.1090
FAX: 1.866.392.3672

Head Office
Unit 207, 4603 Varsity Drive NW

Calgary, AB. T3A 2V7

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Canadian
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