I found a great article this morning on credit and how the scoring works. It’s a good read for anyone looking to borrow money in the future. just copy and paste this link to your browser. http://www.financialpost.com/personal-finance/What+affecting+your+credit+score/4126038/story.html

On January 17, 2011 the Honorable Minister of Finance, Jim Flaherty, announced several changes to the way Canadians can structure their mortgages. The most notable changes are: 1 – Reduce the maximum amortization period to 30 years from 35 years for new government-backed insured mortgages with loan-to-value ratios of more than 80%. Set to take […]