Apr 29, 2022 | Interest rates, Mortgage Brokers, Mortgage Pre-Approvals, Mortgages
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, unless you’re talking to mortgage brokers too, you might be missing out...
Feb 22, 2022 | Credit, First Time Homebuyers, Mortgage Pre-Approvals
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 importantly, as a first-time homebuyer, do you qualify for Canada’s...
Jan 6, 2022 | First Time Homebuyers, Home ownership, Mortgage Brokers, Mortgage Pre-Approvals, Mortgages
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 the best time to start planning. Buying a home is likely one of...
Aug 20, 2021 | Home ownership, Mortgage Pre-Approvals, Mortgages
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 part of the purchase process and we answer some of your most common...
Jun 25, 2021 | Fixed Rate Mortgages, Interest rates, Mortgage Brokers, Mortgage Pre-Approvals, Mortgages, Variable Rate Mortgages
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 variable rate mortgages. While talking to a mortgage...
Jun 16, 2021 | Mortgage Pre-Approvals, Mortgages
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 post, we cover all you need to know and what to expect so you can...