Mortgage Blog

Fear Factor

February 8, 2023 | Posted by: Angela Robinson

Watch for DIY jobs Anything that has to do with the structural integrity or safety of your home should be left in the capable hands of a professional. It will end up costing you more to have someone ...

Canadian Real Estate Buyers Opt For Fixed Terms After Variable Shock

February 1, 2023 | Posted by: Angela Robinson

Variable rate mortgages are falling out of favour as rates rise. Just 29.7% of new uninsured mortgage credit in October had variable interest terms. That’s down from the 40.1% in September, and ...

Pros and Cons of Banks Versus Mortgage Brokers

January 25, 2023 | Posted by: Angela Robinson

Here are some of the differences between banks versus mortgage brokers, their pros and cons, and how to figure out which is best for you. Disadvantages of Banks - Banks only offer their own produc ...

2023 will be a better year for homebuyers, mortgage holders, investors and people sick of greedflation

January 11, 2023 | Posted by: Angela Robinson

The end of interest rate increases Persistent inflation means we could see a modest rate increase early in the year, but 2023 will be a year where the central bank mostly keeps rates the same. I ...

Which is the best plan to save for your first house? The new First Home Savings Account, a TFSA, or an RRSP?

September 12, 2022 | Posted by: Marc Crossman

With housing prices still going through the roof, it’s not easy to save up enough for the down payment on your first house. The federal government recently created the Tax-Free First Home Savin ...

Documents You'll Need To Get A Loan

September 5, 2022 | Posted by: Marc Crossman

When you apply for a mortgage, your loan officer will request certain documents to provide insight into your financial situation and needs. Here are some examples of the documents you may be ask ...

Credit Scores and Interest Rates

August 29, 2022 | Posted by: Marc Crossman

Let's take a look at how your credit scores can impact interest rates when you apply for a mortgage. The chart shown illustrates how much your credit score affects the annual percentage ...

5 Common Mistakes Canadians Make With Their Mortgages

August 22, 2022 | Posted by: Marc Crossman

Given the slew of new mortgages taken out in 2020, there were bound to be slip-ups. Here are the mistakes Canadians most frequently make when securing a home loan. Mistake 1: Not having your ...

How to Get the Lowest Refinance Rate

August 15, 2022 | Posted by: Marc Crossman

Now may be a great time to refinance your mortgage! If you are considering a refinance, there are a few things you can do to help you earn the lowest possible rate: Make additio ...

Should You Move On From Renting?

August 8, 2022 | Posted by: Marc Crossman

Mortgage rates and home prices aren't the only thing on the rise - median monthly rent continues to go up year after year. To escape rising rent, you may want to consider buying a home so you ...

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