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Showing posts from February, 2022

Conservatives say it's time for truckers to leave Ottawa!

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We absolutely have to find a solution.  On the weekend, in Quebec, we saw people demonstrating.  It happened, of course, with some overruns but people left.  Maybe they will come back – I don't know – but we have to find a way to end this situation, ”launched the elected representative of Louis-Saint-Laurent, GĂ©rard Deltell, before surrendering. at the Conservative caucus meeting on Wednesday morning. His colleague Pierre Paul-Hus, MP for the Quebec region, for his part, returned to his message sent on Twitter last week, calling for "clearing the streets and that we stop this occupation controlled by radicals and groups. “What I denounced last Friday was above all that there were groups around it, either through funding or more extremist groups, who were using the situation to take possession of Ottawa,” said he said. “I was not denouncing the families who come here and who are fed up with the pandemic.  On that, I can understand them, ”said the elected official. Kev...

Pre-approval, a false sense of security!

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Summer is upon us and borrowers are reviewing their options for a first or new home purchase.  Whether it's a primary, secondary, or rental residence, real estate brokers and sellers are increasingly requiring mortgage pre-approval to distinguish serious buyers from "weekend shoppers".  Pre-approval and pre-qualification, what does it mean, and, more precisely, what does it imply?  Let's demystify the subject. Prequalification A prequalification might also be colloquially referred to as a "professional opinion on the borrowing capacity of a prospective borrower".  It involves an analysis of income, down payment, and credit without considering a specific property.  In some cases, a copy of the credit bureau is required, but liabilities may also be considered on a voluntary disclosure basis.  Prequalifications are often offered by mortgage brokers without confirming everything with a financial institution.  It is, as mentioned at the beginning, a  p...