Mortgage Broker Saint John NB: The Mortgage Group - Cindy MacFarland

Cindy MacFarland || December 30, 2021

No Changes to the Mortgage Stress Tests

If you’re in the market for a home—and a mortgage—you’ll have to continue to prove you can afford monthly payments based on a rate of at least 5.25%.That’s what’s known as the “minimum qualifying...

Cindy MacFarland || December 07, 2021

Planning on Gifting a Down Payment This Holiday Season?

The season of giving is upon us. For some parents, that means snapping up Black Friday deals to ensure happy kids on Christmas morning.For others, it could mean forking out tens of thousands of...

Cindy MacFarland || November 30, 2021

Home Prices in Saint John & Southern NB Near All-Time High, Raising Concerns About Affordability

Average home prices across Canada are back on the rise, nearing the all-time high reached in March.In October, the average selling price was $716,585, up 4.4% from September and an 18.2% jump from a...

Cindy MacFarland || October 27, 2021

A Snapshot of the Canadian Mortgage Market

Mortgage debt is rising at its fastest pace in over 10 years, yet arrears have fallen to record lows. Meanwhile, more mortgage shoppers are opting for variable rates and a growing...