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Why Home Appraisals Are Coming Up Short & How To Protect Yourself
The Canadian housing market is cooling off, causing home prices to fall from the record highs experienced during Covid. With prices falling, some homebuyers' mortgage... Read more -
Mortgage Prepayment Privileges: What They Are And Why They Matter
It's safe to assume that most Canadian homeowners would welcome the opportunity to save money on their mortgage and pay it off faster. Luckily, many mortgage lenders in Canada offer prepayment... Read more -
Unexpected Costs to Consider When Buying A Home
Are you looking to purchase your first home? That's awesome! But before you get the home buying process underway, it's essential to be aware of all the unexpected costs you might run into that could affect your budget. In... Read more -
Fixed vs. Variable Mortgage: Which Should You Choose?
Choosing between a variable or fixed rate mortgage is one of the most significant decisions you will have to make when securing your mortgage. Although variable rate mortgages have historically... Read more -
Acceptable Sources of Down Payments in Canada
And How to Provide Proof of Your own Down Payment Source So, you've found your dream home, put an offer on it, had it accepted, and have been approved for a mortgage. Now, it’s time to pay the down payment. It seems... Read more -
How To Get Approved For A Mortgage
Finding your perfect home can be a laborious process, and unfortunately, securing the ideal mortgage to pay for it can make the home buying process significantly more difficult. Even if you have a great job, have saved up enough money for a downpayment, and... Read more -
How and When to Lock in Your Mortgage Rate
If you've been shopping around for a new mortgage or are looking to refinance your current one, you will have probably noticed that interest rates are constantly changing. Because mortgage loans are often so large, even a slight... Read more