Debt Service Ratio

Last week, our friend Rob McLister of CanadianMortgageTrends.com wrote a post outlining the stricter debt service ratio standards that are on the way. For the average borrower, debt service ratios play a large part in determining … Read More

Flickr: fleecircus Ever since the financial crisis of 2008, it’s been tougher and tougher to qualify for a mortgage in Canada. With the maximum amortization period now capped at 25 years, and housing prices reaching unaffordable … Read More

The following post is by Jason Friesen, a mortgage broker with Premiere Mortgage Centre in Toronto, Ontario. Over the course of the last five years, we have witnessed some pretty significant changes to the way that banks and … Read More

Photo by 401(K) 2013 By now, you’ve probably heard of GDS and TDS – gross debt service ratio and total debt service ratio. But have you ever heard of TDSS? The total debt service and savings … Read More

New condo construction in Toronto breaks records in 2012 – BuzzBuzzHome According to data released Thursday by Urbanation, one of the leading research companies in the condo industry, Toronto developers broke a number of records in … Read More