What the new mortgage regulations mean for homebuyers In October 2017, OSFI introduced revisions to their guidelines on Residential Mortgage Underwriting Practices and Procedures (B20) that include the requirement for the stress testing of uninsured mortgages and introduce a restriction over co-lending or bundling of loans. For example, a minimum qualifying rate for uninsured mortgages will be required which, is the greater of the five-year benchmark rate published by the Bank of Canada or the contractual mortgage ... read more

Hello world! I’m Kathleen and this is Niagara ….Niagara Real Estate and Kathleen, some would say a perfect Match! Here’s why with some note-able points about me….born and raised in Niagara Iam a 4th generation NOTLer most recent of my descendants my Grandfather and Great Grand Father were both retired Niagara on the lake post masters dated early 1900’s of the then very small very quaint and quiet town of Niagara On the Lake. I now live in the “city” of St. Catharines and ... read more