Earl Smith, Your Halifax Mortgage Broker

Earl Smith || July 04, 2017

Home Trust, Warren Buffet and Rising Interest Rates

The Home Capital controversy has been in the headlines for a few months now. While it shook the market somewhat, and the rumour mill was rife with talk of market collapse, etc. none of that has...

Earl Smith || June 06, 2017

Refinancing May Still Be An Option

To no one’s surprise The Bank of Canada has left its key interest rate unchanged at 0.5%. After reading the latest Monetary Report, it doesn’t sound like it will raise its policy rate any time soon....

Earl Smith || May 09, 2017

What's Going on with my Appraisals?

Changes in mortgage rules for home buyers and insurers certainly have had an impact on the housing market, and those changes have impacted property appraisals as well. Conventional mortgages – up...

Earl Smith || April 04, 2017

Debt and Debt Settlement Services

The debt-to-income ratio has hit the headlines again. This time the ratio rose to 167.3 % in the fourth quarter of 2016 compared to 166.8% in the third quarter. That means for every dollar of...