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
Blog, Mortgage Tips & Advice 25 May 2023 What to Know When Working with a Mortgage Broker? As more and more homeowners explore their mortgage options, especially in today’s market, they’re realizing the added benefit of using a mortgage broker, often at no additional cost to them. The most obvious benefit of… CMSpeople
Blog, Mortgage Tips & Advice 25 May 2023 Benefits of Consolidating Debt into My Mortgage Consolidating your debts into your mortgage is often a no-brainer because of the multiple benefits, some of which include the following: Lower interest rates: by consolidating your debts into your mortgage, you’ll most likely be… CMSpeople
Blog, Mortgage Tips & Advice 25 May 2023 Benefits of a Variable Rate Mortgage Variable mortgages are a type of mortgage that is accompanied by a floating rate. In other words, the rate is not fixed throughout the length of the term. However, the payment on these types of… CMSpeople
Blog, Mortgage Tips & Advice 19 May 2023 Second Mortgage Ontario – 2023 Can a second mortgage affect your ability to refinance in Ontario? Here's what you need to know. Question from caller: “If I get a second mortgage in 2023, and want to refinance in 2024, will… CMSpeople
Blog, Mortgage Tips & Advice 12 May 2023 Reverse Mortgages Canada – 2023 How do you know if a Reverse Mortgage is the right solution for you in 2023? Reverse mortgages in Canada are a misunderstood mortgage solution that exists in the market. Many people are set to… CMSpeople
Blog 09 May 2023 Search for a ‘Mortgage Broker Near Me’ for the Best Mortgage Options Buying a home is a major financial undertaking, and one of the most important decisions is choosing the right bank and mortgage product. Something as simple as searching for a “mortgage broker near me” can… CMSpeople
Blog 09 May 2023 B-Lender Mortgage in 2023: What Are the Pros and Cons? To begin, let's gain an understanding of the various categories of mortgages: In the world of mortgage lending, we commonly distinguish between three major tiers: A-lender mortgages (also known as 'A' bank mortgages), B-lender mortgages,… CMSpeople
Blog 09 May 2023 Why Mortgage Rates Increase When Inflation is High Mortgage rates are influenced by several economic factors, including inflation. When inflation is high (as it currently is at the time of writing) mortgage rates tend to rise in response to this. This happens for… CMSpeople
