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Understanding the Current Mortgage Rates in Canada – December 2023
Navigating the world of mortgages can often feel overwhelming, especially when trying to understand how interest rates work and what they mean for you. As of December 2023, there have been some key...
5 Factors That Greatly Affect Getting a Mortgage in a Larger Canadian City
For most Canadians, buying a home is one of the most significant financial decisions they will make in their lifetime. For many, securing a mortgage is an integral part of making this dream a...
Top Pros and Cons to Co-Signing a Mortgage Application
Many Canadians are working towards owning a home, however, with the cost of living and current home prices increasing, and income levels not keeping pace, it’s getting harder and harder for...
New Year, New Goals. Does your Mortgage Fit Your Goals? Ask a Mortgage Specialist!
Happy New Year! Are you one of the people who make New Year Resolutions? Considering your goals in 2023, is owning a home one of those goals? Could your goal be to renovate your current home? Or to...
Top 5 Mortgage Questions Our Clients Asked Us
Buying a home is often a great experience, and very exciting, but to many Canadians, it might not be something they are all familiar with. It’s no wonder our clients have so many great questions...
Why it is MORE Important Than Ever to See a Mortgage Broker!
It feels like it’s impossible to ignore the price increases on food, fuel, and other important purchases in your life. With the climbing increase of inflation, many feel that it is tough enough to...
Housing Policy Updates from the 2022 Budget by the Government of Canada
Housing is a major concern for any government, but particularly in Canada, where in some cities, we have some of the highest house prices in the world. Not only does this make buying a home a much...
Housing Prices are Up! Take Advantage by Refinancing Your Mortgage
Recently, the Bank of Canada’s policy interest rate, also known as the overnight rate, has increased another 0.5%. This means that the Prime Rate of Canada has also increased, affecting credit...
NOW is the Best Time to Lock in Your Mortgage Refinance Rate
Like many other countries, Canada kept interest rates low and avoided increases during the pandemic. However, now that we’re moving towards a post-pandemic economy, those frozen rates are likely to...
What are Monoline Lenders? How are they Different from Other Lenders?
When you’re shopping for mortgages, there’s a good chance you spend a fair amount of time looking at options. You might contact a variety of banks, credit unions, and finance companies. However,...