Blog 11 Jul 2023 Understanding Rising Mortgage Interest Rates in Canada in 2023 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… nkad3
Blog 07 Jul 2023 Investment Mortgage: Maximize Your Real Estate Portfolio in 2023-2024 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… nkad3
Blog 29 Jun 2023 Is a Mortgage Loan Consolidation A Good Choice in 2023-2024? 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… nkad3 No Comments
Blog 04 Jun 2023 Down Payment Needed to Buy a Home in Canada 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… nkad3
Blog 26 May 2023 Rethinking the 5% Down Payment 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… nkad3
Blog, Mortgage Tips & Advice 25 May 2023 The New First Home Savings Account (FHSA) – What is it? Recently the government of Canada announces the launch of a First Home savings account which is geared towards first-time home buyers and designed to help them save for their down payments. The best way to… CMSpeople
Blog, Mortgage Tips & Advice 25 May 2023 I’m Behind on My Mortgage Payment – What Should I Do? Although have the best of intentions, sometimes we find ourselves in financial constraints that cause us to fall behind. Most homeowners will tend to make the difficult choice of having non-payments on their other debts… CMSpeople
Blog, Mortgage Tips & Advice 25 May 2023 Rent vs Owning your Home – Which One is Right for You? Renting and buying a home are two options to consider when deciding to move or plant roots. Both options have their benefits and the one that is right for you will depend on a variety… CMSpeople
Blog, Mortgage Tips & Advice 25 May 2023 Reset Your Expectations of a Mortgage Pre-Approval If you’re like most people, then you are aware that one of the first steps of the home-buying process is to obtain a pre-approval. However, like most people, you might be under the impression that… CMSpeople
Blog, Mortgage Tips & Advice 25 May 2023 Take a Second… Before you Take a 2nd Mortgage If you’re not familiar with a 2nd mortgage, it is simply a loan that is collateralized by your home as 2nd priority to your existing mortgage. These types of mortgages have become more and more… CMSpeople
Blog, Mortgage Tips & Advice 25 May 2023 How do I Pay off My Mortgage Sooner? One of the obvious benefits of homeownership has always been the sense of knowing that one day, your mortgage payments would stop, and you wouldn’t need to pay any form of “rent” for your home.… CMSpeople
Blog, Mortgage Tips & Advice 25 May 2023 Why Use a Mortgage Broker? There are several reasons why you might consider using a mortgage broker. Most potential homeowners and buyers default to going to their bank for a mortgage solution because that’s what we’re wired to do (hence… CMSpeople
