Rising Mortgage Rates with the Big Banks and What It Means To You
Posted on May 07, 2019
Four of Canada’s Big Six banks have now raised their posted mortgage rates. TD started off this round of rate increases two weeks ago by raising its various mortgage terms, including an astounding 45-bps increase to its 5-year fixed rate, which jumped from 5.14% to 5.59%. RBC, National Bank of Canada and CIBC have since followed suit, raising rates...5 Things to Consider When Refinancing
Posted on May 07, 2019
Buying your first home can be an exciting and stressful time, but when it comes to refinancing their mortgage it can be a very nerve-racking time. Below are five things you need to know when it comes to refinancing your mortgage. Take Advantage of Low Interest Rates
Homeowners refinance their mortgage for many reasons. But most homeowners refinance...
Using a Mortgage Calculator
Posted on May 07, 2019
Mortgage Calculators are great tools that help give you a snapshot of what you will be paying each month to finance your home. These calculations will help you see how much your mortgage payments will be so you have an idea of how much to budget each month towards your payments.If you plan on using a mortgage calculator it is best to be honest and...
Buying a home? Here’s How a Broker Will Help You
Posted on May 07, 2019
Plan on buying a home soon? Did you know that there are plenty of ways that a real estate broker can help you achieve your goal by finding the best home that meets your needs, all while ensuring your peace of mind?Below you find some of the main tasks a real estate broker performs for their clients that will be a buying a home:
Your broker will help...
Is it Possible to Get a Mortgage with Bad Credit?
Posted on May 07, 2019
Many banks in Canada consider customers with poor credit to be high risk, there are lenders that are willing to extend their loans to clients, regardless of their payment history. One of the options you should consider is to contact online mortgage lenders or finance services in your area. How Do I Qualify for a Mortgage in Canada If I Don’t Have G...
Experiencing a Slow Sale? Here are 3 Things to Consider
Posted on May 07, 2019
Every once in awhile, a house goes up for sale in a very active market and for some weird reason it just sits there. The weeks past and it continues to sit there, while other houses in the same neighbourhood pop up with sold signs. Yet this house sits there and doesn’t sell. If you are the unfortunate owner of this house, don’t consider yourself cu...
