When you’re selling your existing home and buying something else, porting your mortgage involves transferring the remainder of your current mortgage term, outstanding principal balance, and interest rate to that new property. Although this might sound like a good idea...
We can help make the biggest purchase of your life easier. Whether you’re about to take that next big step and purchase your first home or you’re ready to “move on up”, we offer the information and resources you need, as well as helpful tips. 1. Pre-approval...
On October 24th, the Bank of Canada announced an increase of 0.25 percentage points to their overnight rate. With more increases predicted in 2019, many variable rate mortgage holders are wondering if now might be the time to lock into a fixed mortgage. So what...
If you’ve been a homeowner for some time now, chances are your property value has increased significantly over the past several years. Life changes, things happen, and sometimes we find ourselves with more things to do than money in our pockets. So if you have...
Mortgages are a strange animal. On one hand, mortgages empower home ownership. On another hand, they represent a huge amount of debt. For most of us, it’s the biggest debt we’ll ever have. So while we work hard to qualify for a mortgage, once we have it, we should...
Summer is ending, and for many of us, we’re already back to a daily routine with holidays over and children back to school. September has traditionally been a mortgage check-up month. Time to have review your mortgage, assess your current situation, see what...
