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Groupe hypothécaire Expert Mortgage Group || January 25, 2023

Bank of Canada Raises Rate by 25 bps

Bank of Canada RaisesRate by 25 bpsThe Bank of Canada raised its key lending rate by 25 basis points this morning, bringing it to 4.50%.This is the eighth consecutive rate increase from the Bank of...

Groupe hypothécaire Expert Mortgage Group || January 12, 2023

What you need to know about Canada’s new foreign buyer ban

The start of the new year saw Canada’s new foreign buyer ban officially come into effect. The two year-ban, originally passed by Parliament in June to help address housing affordability...

Groupe hypothécaire Expert Mortgage Group || January 03, 2023

Ringing in the new year: here's what I'll be watching in 2023

With 2022 now in our rear-view mirror, it’s time to look ahead at what the coming year may have in store.I think it’s fair to say 2022 is a year many of us won’t soon forget.It was a year that started...

Groupe hypothécaire Expert Mortgage Group || December 14, 2022

Down Payment Documents

We often get a number of questions on what documents are required to confirm down payment. The majority of lenders require a 90-day history. All large deposits also need to be verified which could...