Apr 21, 2017 | Investing, Mortgages
One of the benefits to owning a home is that as housing prices increase, so does the value of your home. The change in value from when you purchased your home is referred to as equity. For example, if you purchased a home 10 years ago for $150,000 and it’s worth...
May 11, 2016 | Home ownership, Mortgages
Mortgage Design Group provides our clients with access to over 30 lending institutions, which allows us to search for the best deal for you and your family, reducing the work you have to do. We also recognize, however, that not everyone needs a mortgage. That’s why we...
Apr 20, 2016 | Housing market, Interest rates, Mortgages
House prices and market activity continue to increase, especially in Vancouver and Toronto, even after measures taken by Finance Minister Bill Morneau, which took effect in February. Increasing the required down payments for home purchases valued above $500,000 was...