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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,...
Do I Qualify For the Government of Canada First-Time Home Buyer Incentive?
Buying your first home is exciting, exhilarating, and sometimes a little confusing. Which kind of mortgage is best? Should you try to save a bigger deposit or lower your budget slightly? More...
Is Your New Year’s Resolution to Own a Home? You Can Prepare with these 5 things!
There's nothing more exciting than owning a home. New Year’s Day has come and gone, and for many, there is a commitment to a New Year’s resolution. If your goal this year is to own a home, now is...
Save Up to 15% on Interest When You Consolidate Debts by Refinancing Your Mortgage
Life goes on, and eventually, you realize, wow, I am starting to rack up quite a bit of credit card debt. Sometimes, it can be as quick as needing an emergency fix on your car, or that last-minute...
How Can the Bank of Canada Prime Rate Affect Your Mortgage Decisions?
If you’re trying to decide between a fixed-rate and variable-rate mortgage, the current Bank of Canada prime rate is one of the most important things you need to think about. ...
Associated Costs When Buying a Home: 4 Most Common Questions & Answers
There are some possible additional associated costs when buying a home that buyers may not be aware of. In this blog post, Mortgage Design Group Inc. walks you through what costs you can expect as...
5 Things to Consider Before Buying Your Alberta Investment Property
When you’re ready to take the next big step in life, what makes sense for your goals? Buying an Alberta investment property can be a great financial decision for both your present and future. If...
Fixed Vs. Variable Rate Mortgages: An Easy and Concise Primer
When it comes to getting a mortgage for the first time, there’s a lot that might not be familiar to you. But one thing you may have heard prior to starting your research is the debate about fixed vs...
How do the Changes to the Mortgage Stress Test Affect You?
You may have heard it on the news, but as of June 1st 2021, changes have been made to the Canadian mortgage stress test. What are these changes and what does it mean for you? In this blog...
