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Severe CMHC Tightening Announced Yesterday!

Following the announcement that the government is now regulating some aspects of Mortgage borrowing, CMHC made more severe tightening announcements that will affect all Self-Employed and Commissioned Salespersons.

Self-Employed lending is the newest area of severe tightening along with further restrictions for borrowers who want Variable Rate Mortgages. See the full details below on how it will affect many homebuyers capacity to buy the home they had hoped for.

Darlington OPG Highlights of 2009!

A Snapshot of Highlights from Darlington and OPG in 2009

OPG earned a Gold Award from Electrical Utility and Safety Association, 4^th year in a row.
Darlington produced 26 terawatt hours of electricity, meeting 19 per cent of Ontario’s electricity needs.
OPG produced almost two-thirds of the province’s electricity and almost 90 per cent of that power was produced with virtually no smog or greenhouse gas emissions.

Everyone can help and make our world “greener” please watch this video about how you can make your home “green” too!

Did you know that “Your Durham Mortgage Solutions Team” at Mortgage Intelligence is here to share their knowledge and experience when you need a low mortgage rate. Apply today!

Have You Seen Pickering Nuclear's Contributions?

Have You Seen Pickering Nuclear’s Contributions:

Pickering A and B stations have produced 672 terawatt hours in their lifetime. That’s enough energy to power the entire province for more than four years.
In 2009, the Pickering B station produced a record amount of energy (about 15 terawatt hours) at a cost to the consumers of 4.8 cents per kilowatt hour. That compares very well with other sources of electricity.