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...
Apr 25, 2021 | Budgeting, Home ownership, Mortgage Pre-Approvals, Mortgages
With so many choices for borrowers out there today, it can be hard to decide what best suits your needs. There are a lot of good mortgage options out there, but if you’re looking for a mortgage that will help you pay for renovations or help with some debt, one great...
Mar 26, 2021 | Mortgage Pre-Approvals
With both mortgage calculators and pre-approval applications available online, some people might be wondering: what’s the difference between them? While they might sound the same on paper, a mortgage calculator and pre-approval actually serve two different functions....