James Wruth's Regina Real Estate Blog

Canada's new mortgage rules - what do the changes mean?

Canada's new mortgage rules - what do the changes mean?

As of October 17th 2016, the Canadian federal government announced a major change in mortgage rules for home buyers.  These changes are intended to help protect the long-term financial security of borrowers, and to improve tax fairness for Canadian homeowners. Here’s what Canada’s new...


Have you ever thought about moving?

Have you ever thought about moving?

Buying a home or selling the place you have is more than just a major lifestyle change; for many people it’s the largest financial transaction they will ever undertake. Here are valuable tips that provide sellers with strategies they need to get their home sold quickly and for the best...


What are the new rules for minimum down payment on a home purchase?

What are the new rules for minimum down payment on a home purchase?

The Canadian federal government announced an increase in the minimum down payment required to buy a home for more than $500,000. The new regulations will come into effect on Feb. 15, 2016. How it works:  The new regulations will increase the minimum down payment from 5% to 10% on the portion...