Michael Q Blair
302-865 Henderson Hwy R2K 2L6 Winnipeg, MB, Canada

This is a potentially interested policy change coming from CMHC. Self employed borrowing can be tough these days - but there looks like there is at least some element of relief on the way.

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Everyone’s budgets, incomes, and debt loads are different. And while the government suggests that you can spend 30% of your income on housing and still be in good financial standing, not everyone should take this advice. Owning a house is expensive and if you want to stay afloat you need to tailor your budget and savings to your unique situation.

In today’s market, it completely amazes me how many people shop endlessly for their mortgage during their first purchase, but simply accept the bank's first offer when renewing their mortgage.... when is your mortgage up for its renewal?