The sky is falling

Posted by welbanks On October - 20 - 2016 0 Comment
Sky is falling

Or so many lenders and mort­gage bro­kers would have you believe with the recent changes announced by the Depart­ment of Finance (DofF) on Octo­ber 3rd.  Admit­tedly, when I read the edited… Read More

Welbanks 5th Annual Great Pumpkin Giveaway!

Posted by welbanks On October - 17 - 2016 0 Comment

The Wel­banks Mort­gage Group is extend­ing a Happy Hal­loween to every­one in the com­mu­nity, espe­cially all of the lit­tle ghosts and gob­lins, with a pump­kin give­away planned for Octo­ber 22nd from 1 to 4 p.m. The… Read More

Quick Tips — Rental Properties

Posted by welbanks On October - 13 - 2016 0 Comment

Did you know that rental prop­er­ties require a 20% down pay­ment if you don’t plan to live in the property?

More painful mortgage changes

Posted by welbanks On October - 4 - 2016 Comments Off
change ahead

The recent announce­ment from Finance Min­istre Bill Morneau caught us all off-guard.  Some sweep­ing changes, the largest yet, have been tabled and hid­den under the veil of the non-resident tax… Read More

Want to Airbnb Your Condo? Think Again.

Posted by welbanks On September - 12 - 2016 Comments Off

By: Mike Rap­koski The rapid growth of prop­erty shar­ing sites such as AirBnB have started to change the way invest­ment prop­er­ties are being eval­u­ated. Not so much on the sell­ing… Read More