Brian Patey Mortgage Broker NL: The Mortgage Group

Brian Patey || April 15, 2019

Yes, you can be a homeowner

The news is full of negatives about housing market slowdowns, mortgage stress tests that shut millennials out of homeownership, low inventory, a slowing economy – it goes on. Although it may seem...

Brian Patey || March 22, 2019

Anatomy of mortgage changes

There is little doubt that housing sales have slowed down in the past year, due in large part to stricter mortgage regulations. Part of those regulations is a mortgage stress test that requires...

Brian Patey || March 15, 2019

The Canadian economy and the housing market

We are living in strange times, economically speaking. Mortgage stress tests have slowed the housing market and may be one of the reasons the Bank of Canada has signaled it may pause on increasing...

Brian Patey || March 05, 2019

Budgeting for Home Ownership

Budgeting for Home Ownership Smart budgeting is required when buying your home. Saving the down payment and crunching numbers helps determine how much mortgage you can afford. But the costs don’t...