4 Mar

BMO Spring Campaign 2025

General

Posted by: Croydon DeMello

From March 3rd to June 27th, Purchase, Switch, and Refinance clients are eligible to receive up to $4,100 in cash back*
*Call now for more details
May be an image of money and text that says 'Mortgage Balance Cash Back Amount $100,000- $100,000-499,999 -499,999 $500,000-749,999 $500,000 749,999 $750,000-999, 999,999 $1MM or more $1,100 $2,100 $3,100 $4,100'
28 Jan

Home Renovation Savings Program

General

Posted by: Croydon DeMello

“On January 7, the Government of Ontario announced 14 new and expanded energy-efficiency programs, including the Home Renovation Savings™ Program. Enbridge Gas and Save on Energy, with support from the Ontario government, have partnered to launch this new program to help Ontarians improve their home efficiency* and comfort. Whether you heat your home with natural gas or electricity†, this new program will offer significant rebates for energy-efficient upgrades like insulation, heat pumps, smart thermostat, solar panels and more.” – Enbridge Gas

https://www.enbridgegas.com/homerenovationsavings

21 Nov

The Office of the Superintendent of Financial Institutions (OSFI)

General

Posted by: Croydon DeMello

‘Effective November 21st, 2024, borrowers are no longer required to undergo a stress test (higher of benchmark rate 5.25% or contracted rate + 2%) when switching an uninsured conventional mortgage from a federally regulated financial institution (FRFI) to another financial institution at renewal, if maintaining the same amortization schedule and same loan amount with up to $3,000 maximum associated transaction fees.’