If you’re in the early stages of planning to buy either your first home or your next home, you’ve come to the right place! Even if you’ve been through it before, the home buying process can be daunting, but it doesn’t have to be when you have the right people on your side!
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Finance Your Home Renovations
If you’re looking to do some home renovations but don’t have all the cash up front to pay for materials and contractors, here are a few ways to use mortgage financing to bring everything together.
Continue reading →4 Signs You’re Ready for Homeownership
Buying your first home is a big deal. And while you may feel like you’re ready to take that step, here are 4 things that will prove it out.
Continue reading →What Banks Won’t Tell You About Mortgage Financing
If you’re looking to buy a property or have a mortgage up for renewal, and you’re thinking about connecting with your bank directly, save yourself a lot of money and regret by reading this article first.
Continue reading →Standard or Collateral Charge Mortgage. What’s best for you?
When arranging mortgage financing, your mortgage lender will register your mortgage in one of two ways. Either with a standard charge mortgage or a collateral charge mortgage. Let’s look at the differences between the two.
Continue reading →What is a Cashback Mortgage?
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.
Continue reading →Will Collections Impact Your Mortgage?
A question that comes up from time to time when discussing mortgage financing is, “If I have collections showing on my credit bureau, will that impact my ability to get a mortgage?” The answer might have a broader implication than what you might think; let’s spend a little time discussing it.
Continue reading →Fixed-Rate or Variable-Rate Mortgage?
If you’re looking to buy a new property, refinance, or renew an existing mortgage, chances are, you’re considering either a fixed or variable rate mortgage. Figuring out which one is the best is entirely up to you! So here’s some information to help you along the way.
Continue reading →Top 5: Self Checklist “Is This The Home For Me”?
So, you’ve decided you’d rather pay off a monthly mortgage than farewelling rent payments to your landlord. You’ve found out your family is expanding and you’re in need of a little extra space to move and grow. You’ve decided you’d like to invest in a little vacay property to escape to for the weekends. Whatever your reason for buying a home, there are always going to be considerations you should ask yourself to find out “is this the right home for me”?
Continue reading →Bank of Canada Rate Announcement Apr 13th 2022
The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. The Bank is also ending reinvestment and will begin quantitative tightening (QT), effective April 25. Maturing Government of Canada bonds on the Bank’s balance sheet will no longer be replaced and, as a result, the size of the balance sheet will decline over time.
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