Earl Smith, Your Halifax Mortgage Broker

Earl Smith || September 05, 2017

New Mortgage Rule Changes on the Horizon

The Office of the Superintendent of Financial Institutions (OSFI)has proposed new mortgage lending guidelines, yet again, that includes a stress test for uninsured mortgages. This is in addition to...

Earl Smith || August 16, 2017

Insured, Insurable, and Un-Insurable Mortgages

So, you’ve managed to save a large down payment to purchase your new home – at least 20% of the purchase price.Or you’ve decided to refinance your existing mortgage to renovate your basement. But...

Earl Smith || July 04, 2017

Home Trust, Warren Buffet and Rising Interest Rates

The Home Capital controversy has been in the headlines for a few months now. While it shook the market somewhat, and the rumour mill was rife with talk of market collapse, etc. none of that has...

Earl Smith || June 06, 2017

Refinancing May Still Be An Option

To no one’s surprise The Bank of Canada has left its key interest rate unchanged at 0.5%. After reading the latest Monetary Report, it doesn’t sound like it will raise its policy rate any time soon....