Unlocking opportunities in the ever-changing Canadian mortgage scene! Recent shifts in U.S. inflation and falling yields might just be the relief Canadians are waiting for. Explore the impact with Canadian Mortgage Trends
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Why Choose an Independent Mortgage Professional
If you’re in the market for a new property or considering renewing your mortgage, it’s essential to explore all your options before approaching your bank. In this blog post, we’ll reveal four crucial insights that your bank might not share with you. More importantly, we’ll demonstrate why partnering with an independent mortgage professional is the best course of action.
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Canada’s Rising Bond Yields: What It Means for Real Estate
Canada’s bond yields are on a relentless ascent, posing significant implications for the real estate landscape. The rising bond yields are pushing mortgage costs higher. This surge in rates is unique because it’s likely to persist for a more extended period than in the past two decades.
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CASHBACK MORTGAGE FINANCING
As the name implies, a cashback mortgage is similar to a standard mortgage, except that you receive a lump sum of cash upon closing. This lump sum will either be a fixed amount of money or a percentage of the mortgage amount, usually between 1-7%, depending on the mortgage term selected.
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