Speak to mortgage broker before making an offer on new home: expert

First-time buyers should be careful to loop in their mortgage broker or specialist before making an offer on a new home, says RATESDOTCA mortgage and real estate expert Victor Tran. Tran says depending on how much time has passed between your first meeting with the mortgage specialist and making an offer, “things may have changed with the qualifying rate or stress test rate” and impacted your purchasing power.