Michael Wallace - Mortgage Broker

Michael Wallace || May 12, 2023

Mortgage consumers benefit from professional guidance and support: CMHC

The homebuying process can be overwhelming for anybody, but even more so for first-time homebuyers. But whether for a first-time home purchase or a second or third, all homebuyers benefit from...

Michael Wallace || April 18, 2023

Insured, insurable and uninsured mortgages…what’s the difference?

If you’ve spent any amount of time researching mortgage rates, you’ll likely have seen references to these types of products: insured, insurable and uninsured. It’s important to know the...

Michael Wallace || April 13, 2023

Bank of Canada holds rates, but remains hawkish by saying rates could still rise

There were no surprises with this week’s rate hold by the Bank of Canada, with some observers saying the Bank is likely to leave interest rates unchanged "for some time yet.” As a result of...

Michael Wallace || April 03, 2023

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

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...