Buyers

July 31, 2020

Mortgage Insurance & Your Borrowing Power

As a Canadian homebuyer or homeowner, your borrowing power is impacted by a few factors.  Recent changes to the lending policies announced by CMHC, The Bank of Canada’s qualifying rate, and your banks’ Prime Rate and mortgage stipulations are all […]
January 15, 2020

Should You Go Fixed Or Go Variable?

It is typically one of the first questions someone asks when talking about your mortgage: What’s your rate? While everyone can recall their rate off the top of their head, it tends to be the only detail of the mortgage […]
November 20, 2019

6 Things All Co-Signors Should Consider

Co-signing on a loan may seem like an easy way to help a loved one (child, family member, friend, etc.) live out their dream of owning a home. In today’s market conditions, a co-signor can offer a solution to overcome […]
October 17, 2019

MORTGAGE RENEWALS WITH THE SAME LENDER ARE ON THE RISE, BUT SHOULD YOU JUST SIGN ON THE DOTTED LINE? Your mortgage broker has answers

If you’re in a mortgage that’s coming up for renewal in the coming months and you’re considering just staying with your current lender, you wouldn’t be alone. According to the Canadian Mortgage and Housing Corporation’s (CMHC) Residential Mortgage Industry Report […]
September 16, 2019

What Is A Purchase Plus Improvement Mortgage?

Getting a mortgage can be a daunting task. There is so much to know and understand including some pretty confusing language. Borrowers are often confused by mortgage terminology, so in an effort to keep you educated we welcome you to […]
August 15, 2019

This Simple Question Can Save You a Lot of Money

Imagine this scenario… You purchase a new home and move in. A few weeks later, you hear a strange rumbling sound. It’s the furnace. It’s only a year old, yet it’s sputtering like it’s twenty. You realize you’ll have to […]
July 15, 2019

Secured vs. Unsecured Debt

Getting a mortgage can be a daunting task. There is so much to know and understand including some pretty confusing language. Borrowers are often confused by mortgage terminology, so in an effort to keep you educated we welcome you to […]
June 14, 2019

8 Steps to Getting Your Finances in Order

Develop a family budget. Instead of budgeting what you’d like to spend, use receipts to create a budget for what you actually spent over the last six months. One advantage of this approach is that it factors in unexpected expenses, […]
April 10, 2019

Tips for Finding the Perfect Neighborhood

The neighborhood you choose can have a big impact on your lifestyle—safety, available amenities, and convenience all play their part.   Make a list of the activities—movies, health club, church—you engage in regularly and stores you visit frequently. See how […]