Positive Interest Rate News!
We’re finally getting some great news on the inflation – and, consequently, the interest rate – front! Canada’s inflation rate continued its downward trajectory in July, with the headline Consumer Price Index (CPI) slowing to 2.5%, according to Statistics Canada.
Should You Pay Your Property Taxes with Your Mortgage?
If you’re a first-time homebuyer, chances are, your lender will require you to pay property taxes as part of your mortgage payments.
What’s My Best Option for Consolidating Debt?
Many mortgage borrowers are weighing their options when it comes to debt consolidation to help ease monthly financial obligations, which can empower you to both save money and improve your cashflow in one move.
10 Tips for Saving Your Down Payment on a Home
Saving for a down payment on a home can be challenging but, with careful planning and discipline, this important milestone will become much more easily achievable.
Have You Thought About Buying a Place for Your Post-Secondary Children?
College and university residence spaces and local rental opportunities are tight in many areas with concentrated amounts of student population.
Signs to Look for to Help Prevent Mortgage Fraud
Mortgage fraud is a serious issue in Canada that is becoming extremely sophisticated, and can lead to significant financial loss and loSigns to Look for to Help Prevent Mortgage Fraud
How Does a Private Mortgage Compare to a Traditional Mortgage?
Private mortgage options have become increasingly more popular thanks to stringent stress test mortgage qualification rules required by traditional lenders such as banks, increased inflation and higher interest rates. It’s just one more option your mortgage agent can offer to help you buy a new home or refinance/renew an existing mortgage when you don’t fit into the typical lending box.
How to Increase Your Credit Score
When it comes to improving your credit score, your mortgage agent can be an invaluable ally. A higher credit score not only qualifies you for better mortgage rates, but it also opens the door to a variety of financial opportunities.
Your Mortgage Agent Can Help When Buying an Investment Property
Real estate has proven to be a sound long-term investment. If you’re thinking about buying an investment property, consulting with your trusted mortgage agent is a terrific place to start. Your agent can play a crucial role by providing valuable expertise throughout your investment property purchase and beyond.
Federal Budget Perks for First-Time Homebuyers & New Mortgage Fraud Measures
April 2024 has been an active month for news impacting mortgage borrowers! The 2024 federal budget contained some benefits for first-time homebuyers…