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When it comes to mortgages, understanding the factors that influence interest rates is crucial. Since the financial crisis in the United States back in 2008, interest rates in Canada had remained historically low... until 2020…

Investing in properties continues to be a lucrative option for diversifying your portfolio. However, in the ever-evolving landscape of real estate, it's important to stay up to date with current trends and strategies to make…

In 2023’s (and likely 2024’s) ever-changing financial landscape, the concept of a mortgage loan consolidation remains highly relevant… possibly more relevant than any other time in the last decade. As we navigate through inflationary territory…

When it comes to making a down payment on a house in Canada in 2023, there are a few important details to consider. The minimum down payment requirement in Canada (for all buyers) currently stands…

In 2023, and the ever-evolving real estate market, it's crucial to address common misconceptions that can impact home buyers' decisions. While we touched on this topic in a previous blog, recent conversations with our clients…

Applying for a mortgage seems simple enough. You fill out an applicationà submit à get approved. But what happens if the application doesn’t get approved? You’re probably wondering what went wrong. Let’s talk about what…

Here is everything you need to know about Private Mortgages in Canada before deciding if a private mortgage is right for you.   First and foremost - What is a private mortgage? A private mortgage…

An Insured Mortgage (aka High-Ratio Mortgage) is covered by a type of insurance that protects the lender/bank against default. This Default insurance is a mandatory requirement in Canada for those mortgages where the borrower puts…

Purchase Plus improvements is a mortgage program that allows purchasers to opt for homes that may not be complete “move-in ready”, by providing a sort of “cash back” to finance the renovations. It’s important to…

Anyone who is self employed knows that it’s sometimes more difficult, than those employed, to obtain loans or other forms of credit. Obtaining a self employed mortgage approval can often be a challenge due to…

Did you know that more Canadians became self-employed between the years 2020 – 2022 than in any 2 consecutive years prior? Can you spot the correlation? It probably comes as no surprise that the Covid-19…

What is a second home? I know it sounds like it’s self-explanatory, but the reality is many people have a slight misunderstanding of what a second home is. From the typical borrower’s perspective, a second…