Why Special Mortgages for Commercial Real Estate?
May 23rd, 2022
As a real estate investor, you have many different options when it comes to where you want to put your money in order for it to grow. One of the … [read more]
May 23rd, 2022
As a real estate investor, you have many different options when it comes to where you want to put your money in order for it to grow. One of the … [read more]
May 18th, 2022
These days, everyone has their eyes on the Bank of Canada as they are in the progress of gradually raising interest rates. As the Bank of Canada rate goes up, … [read more]
Comments Off on Overnight vs. Prime Rate, Effects on Existing & New Mortgages
May 5th, 2022
Mortgage brokers serve as a conduit between customers and lenders, and they can make a significant difference in your search for the ideal loan. If it’s your first time buying … [read more]
Comments Off on The Benefits for 1st-Time Home Buyers to Work with A Mortgage Broker
April 26th, 2022
With home prices growing every year, more and more Canadians are looking for ways to make buying a home more affordable. If you’re looking to get into the market and … [read more]
Comments Off on Loan-to-Value Ratio Mortgage : Options, Benefits, Amortization Period & Downsides
April 13th, 2022
The Bank of Canada is scheduled to make its next rate announcement in a couple of weeks, and one bank is predicting that this will be the start of two … [read more]
Comments Off on Rate Hikes in Updated Forecast – Target Range Terminus at 2.75% to 3% by Mid-Next Year
April 7th, 2022
With the Bank of Canada having recently moved its target for the overnight rate to 0.5%, more interest rate hikes are expected this year. One economist is warning that this … [read more]
Comments Off on The Surge in Interest Rate Expectations is A Key Risk to Housing Market
March 15th, 2022
Property prices across Canada remain at peak levels, with the average cost of a home now $748,450 nationwide according to the latest data from the Canadian Real Estate Association (CREA). … [read more]
Comments Off on How Gen Z Homebuyers Acquiring A Mortgage?
March 1st, 2022
Since the mortgage stress test was introduced, it has been a hot topic for Canadian homebuyers. The stress test introduced a way for the Canadian government to protect Canadians and … [read more]
Comments Off on Mortgage Stress Test Explained
February 15th, 2022
For most people, buying a home is the largest financial decision they’ll make in their lifetimes. It’s not a deal easily undone once the final papers are signed, so it … [read more]
Comments Off on Mortgage To-Dos & Mistakes to Avoid
January 19th, 2022
Finding the right mortgage can be a daunting task. You want to make sure you get the best deal possible, but you may not know where to start. That’s where … [read more]
Comments Off on Finding The Right Mortgage Broker is A Vital Step in Homebuying Process
January 11th, 2022
Anyone who has bought a house at some point can tell you : mortgages are complicated. Simply looking at the list price of the home tells you very little about … [read more]
Comments Off on Understanding How Complicated Mortgage Rates Work
January 6th, 2022
At the pandemic’s outset, the Bank of Canada slashed interest rates in an effort to stimulate the Canadian economy, sparking housing sales across the nation in 2021. But how will … [read more]
Comments Off on How will Rising Interest Rates Impact The Housing Market in New Year?
December 29th, 2021
There won’t be any added stress when applying for an uninsured mortgage the Office of the Superintendent of Financial Institutions said Friday. “The minimum qualifying rate for uninsured mortgages will … [read more]
Comments Off on Mortgage Stress Tests Remain, as Potential Rising Interest Rates Could Make Repaying Difficult
December 20th, 2021
Sky-high inflation and surging job numbers weren’t enough to move the dial on mortgage rates; in its final announcement of the year, the Bank of Canada (BoC) has kept its … [read more]
Comments Off on Bank of Canada Leaves Rate Untouched, What Does It Mean for Your Mortgage?
November 29th, 2021
Buying real estate is one of the most popular additions to an investor’s portfolio. Investors are attracted to real estate for its long-term stability, high return on investment, and potential … [read more]
Comments Off on Financing A Rental Property, Why are Rates Different?
November 24th, 2021
The thing that is on all prospective home buyers’ minds before they start getting a mortgage is the down payment required to begin the process. According to Canadian regulations, you … [read more]
Comments Off on Is A Down Payment A Deposit? and What’s The Minimum Amount?
November 16th, 2021
What is Bridge Financing? When selling your home and buying another, there are situations when your purchase closing date is before your selling closing date, meaning you may not have … [read more]
Comments Off on How to Calculate Bridge Financing?
November 10th, 2021
Everyone dreams of owning their own home, but for many people, the financial requirements can seem insurmountable. While a home won’t ever be cheap, it might not be as bad … [read more]
Comments Off on The General Answer & Terms That Affect Mortgage Affordability
November 8th, 2021
Canadian real estate is seen as bulletproof but more banks are warning that might not be the case. CIBC Capital Markets’ November forecast shows a steep climb to the overnight … [read more]
Comments Off on Canadian Mortgage Rates will Climb with The Overnight Rate
November 3rd, 2021
If you are looking to get the best available interest rates when applying for a mortgage, your credit score can make a big difference in helping you secure the best … [read more]
Comments Off on What is A Good Credit Score in Canada for A Mortgage?
November 2nd, 2021
Unless you plan to pay for your entire property upfront, you will likely have a mortgage when you buy real estate. Mortgage interest rates are a huge factor in a … [read more]
Comments Off on Where are Canadian Mortgage Rates Heading?
November 1st, 2021
While self-employed people enjoy the freedom of being their own bosses, they are often restricted by mortgage lenders. There are over 2.9 million self-employed Canadians who enjoy the freedom of … [read more]
Comments Off on Applying for A Self-Empolyed Mortgage
Comments Off on Why Special Mortgages for Commercial Real Estate?