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MMG Mortgages
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What does your credit score mean? Your credit score is very important when applying for a mortgage. Call us today and we can review and explain your score with you!
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Mortgage insurance premiums are going up March 17th! Call us to get in before the increase!
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Three quarters of First Time Buyers in 2015 were Millennials. Read More ...
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What does BREXIT mean for Canada and our Interest Rates?
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Mortgage Life Question? Ensure you are asking the right questions!
Happy Reading!
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Article Courtesy of MortgageBrokerNews.ca

HARPER'S PROMISE FOR FIRST TIME BUYERS....

Stephen Harper said Tuesday that if re-elected his government would give an extra 700,000 Canadians the opportunity to own their own homes. The target, which the Conservative party would expect to reach by 2020, would be achieved through a mix of new programs as well as existing tax breaks. The rate of homeownership in 2011 figures from the Canada Mortgage and Housing Corporation was 69 per cent; the pledge would be to take that to 72.5 per cent within the next five years.

The Canadian Home Builders’ Association welcomed the news but said that it needs more than just federal programs to make housing affordable for more: “Homeownership remains an aspiration of almost all Canadians, and is the cornerstone of the financial well-being of most Canadian families.  This dream is at risk if serious measures aren’t taken,” CHBA CEO Kevin Lee warned.  “We need policy from all levels of government to support homeownership and affordability, particularly for first-time home buyers.”

CHBA has advocated to all parties that rising land prices, development taxes and other factors have combined to drive the price of homes skyward and out of reach of many hard working potential first-time home buyers.
                                              

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PLEASE VOTE FOR US!!
MMG is so Fortunate to have been nominated, and now a Finalist of the 2015 Calgary Small Business Award for Customer Service.
WE NEED YOUR HELP TO WIN! Voting is only open until October 12th.  Please visit www.smallbusinessweekcalgary.com to vote.
THANK YOU!
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