Brian Patey Mortgage Broker NL: The Mortgage Group

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...

Brian Patey || December 06, 2018

The Upside of Alternative and/or Unregulated Lenders

A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...