Blog 09 May 2023 Mortgage Rates in Canada – 2023 Are you planning to buy a home in Canada in 2023? One key factor to consider when seeking out mortgage financing is the annual interest rate, as it significantly impacts your monthly payments and overall… CMSpeople
Blog 09 May 2023 Mortgages in Canada – What You Need to Know (In a Nutshell) Mortgages in Canada are an essential part of the growing Canadian real estate market. A mortgage is a loan (from a bank or lender) that is taken out to finance the purchase of a home.… CMSpeople
Blog 09 May 2023 Mortgage Rates vs. Mortgage Affordability in Canada Mortgage interest rates and mortgage affordability are two critical factors that Canadian homeowners and buyers must consider when looking for the best mortgage. And let’s remember, ‘best’ is subjective and circumstantial. Mortgage rates and mortgage… CMSpeople
Blog 09 May 2023 B Lender Mortgage Rates In the world of mortgage financing, borrowers can choose between different types of mortgage lenders, including tier-A banks, B lenders, credit unions, and private lenders. And of course, mortgage interest rates are usually a large… CMSpeople
Blog 09 May 2023 A Mortgage Broker is like a Matchmaker Homebuyers can easily become confused and overwhelmed when trying to find the right mortgage on their own. This is why a mortgage broker is such a useful resource. - they act as a matchmaker by… CMSpeople
Blog 09 May 2023 Mortgage Pre-Approval for Pre-Construction (Builder Purchase) When purchasing a new construction home from a builder, one of the first and most important steps to consider is to get pre-approved for a mortgage. A mortgage pre-approval is the process in which a… CMSpeople
Blog 09 Apr 2023 Private Mortgage Lenders – 2023 2023 is going to be a huge year for both ‘private mortgage lender’ demand as well as homeowners looking for options to exit from a private mortgage (as many owners entered into private mortgage agreements… CMSpeople
Blog, Mortgage Tips & Advice 15 Sep 2020 Variable Mortgage Rates – Variable Mortgage Rates Canada Variable mortgage rates are a hot topic and have been for several months now (as of writing – August 5th, 2020). The Bank of Canada key interest rate (policy rate) now sits at a level… CMSpeople
Blog, Mortgage Tips & Advice 01 Sep 2020 2020 Popular Search Term – Lowest Mortgage Rates Canada According to trending mortgage search terms in Ontario (2020), Ontarians are looking for information on the lowest mortgage rates. Here is what you need to know to get the Lowest Mortgage Rates Canada: To ensure… CMSpeople
Blog, Mortgage Tips & Advice 17 Aug 2020 Mortgage Brokers Near Me? We get it, you’re looking for someone to help you with your mortgage needs and just like when searching for other goods & service providers, you want to find someone near you because…. well, it’s… CMSpeople
Blog, Mortgage Tips & Advice 05 Aug 2020 Prime Rate Canada: Important Dates/Changes to Make Note Of October 2018 to March 2020 - Prime Rate Canada: 3.95% Change (March 4, 2020) – Bank of Canada cuts it’s key interest rate by 0.50% (half a percentage point) to 1.25% from 1.75% as an… CMSpeople
Blog, Mortgage Tips & Advice 15 May 2020 How to Get a 2nd Mortgage with Bad Credit If you’re wondering how to get 2nd mortgage with bad credit, then you’ll soon realize that there’s less hurdles with 2nd mortgages compared to 1st mortgages. This is because, unlike 1st mortgages, 2nd mortgages don’t… CMSpeople