Success Mortgages
233 Bedford Highway B3M 2J9 Halifax, NS, Canada

CRA interest free deadline - September 30th. https://www.ctvnews.ca//canada-revenue-agency-extends-tax-

Bank of Canada - rates will remain low for presumably next year due to economic challenges as a result of COVID - 19 https://www.cbc.ca//business/bank-of-canada-rate-decision-

If planning to purchase - be prepared. Get pre-approved. https://www.thechronicleherald.ca//its-a-sellers-market-/

Great news ... Genworth Canada announced today they won't be following the forthcoming policy changes announced by CMHC on June 1st. Presume Canada Guaranty will follow suit. Message from Genworth reads: June 8, 2020 - Genworth MI Canada Inc. (the "Company") (TSX: MIC) confirms that it has no plans to change its underwriting policy related to debt service ratio limits, minimum credit score and down payment requirements. One of the Company's competitors announced changes t...o their internal underwriting guidelines with respect to the aforementioned underwriting criteria on June 4, 2020. "Genworth Canada believes that its risk management framework, its dynamic underwriting policies and processes and its ongoing monitoring of conditions and market developments allow it to prudently adjudicate and manage its mortgage insurance exposure, including its exposure to this segment of borrowers with lower credit scores or higher debt service ratios," said Stuart Levings, President and CEO.

No change to BOC rate ... great news for variable rate mortgages.

Our new normal is starting - June 5th. https://atlantic.ctvnews.ca/most-n-s-businesses-forced-to-c