Blog 23 Dec 2023 How to Get the Lowest Mortgage Rates in Canada The lowest mortgage rates in Canada are very much dependent on the overall profile of the borrower, and luckily for you, you’ll have full control over the factors that help you qualify for the best… nkad3
Blog 01 Dec 2023 Mortgage Stress Test – What is it? What is the Mortgage Stress Test? Simply put, mortgage borrowers must qualify (on paper) at an interest rate that is the higher of: The rate being offered by the bank (the ‘contract rate’) + 2.00%… nkad3
Blog 16 Nov 2023 2024 Mortgage Rate Forecast Questions of hope… and for some, desperation. Are mortgage rates going to drop in 2024? Will the Bank of Canada continue with quantitative tightening, or begin with ever-so-needed easing once again? On October 25th, 2023,… CMSpeople
Blog 10 Nov 2023 What is a Second Mortgage (2nd Mortgage)? Many people often confuse the term second mortgage as a mortgage they seek when they are looking to purchase a home for the second time around, or are purchasing a second property. Others understand the… nkad3
Blog 27 Oct 2023 What is a Reverse Mortgage? With household expenses growing, will you need a reverse mortgage in 2024? We hear the term, and we hear it often, but many of us have a hard time understanding exactly what it is. What… nkad3 No Comments
Blog 22 Sep 2023 What are the Best Mortgage Rates In Canada? When people ask, ‘What is the best mortgage rate?’, they are often looking for the answer ‘the lowest mortgage rate’. This may be true for one type of rate, for example, fixed vs. variable (or… nkad3
Blog 09 Sep 2023 Important First Time Mortgage Information The process of buying a home can be intimidating if you’ve never been a homeowner before. When seeking out first-time mortgage information, it’s more valuable to speak to an expert – someone who earns a… nkad3 No Comments
Blog 21 Aug 2023 6 Mortgage Renewal Tips for 2024 When it’s time for your mortgage renewal in 2024, you may explore options with other institutions, or like most homeowners, you may simply renew without any questions to avoid the headache. After all, a… nkad3