Mortgages

Reflections And Insights From The Other Side Of The Desk

New To Canada

Mortgage Options For New Canadians

Canada has seen a surge of international migration over the last few years. With all these new faces in town wanting to plant roots in this great country, it’s a good time to review some of the details surrounding mortgages and how individuals new to Canada can qualify to be homeowners.

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Reverse Mortgage

Reverse Mortgages and What to Know

For many Canadians who are looking to retire but currently facing high debt load and ongoing expenses, as well as reduced income, it can be a challenge. This is where the reverse mortgage can help!

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Mortgage Rate Check Up

Have You Had Your Mortgage Check-Up?

Spring is a great time to consider doing an annual mortgage check-in! Organizing a quick mortgage review each year can help provide peace of mind and ensure you’re on-track your future goals while still ensuring you’re able to manage the monthly payments.

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Purchase Plus Home Improvements

Purchase Plus Home Improvements

When it comes to shopping for your perfect home, it can be hard to find the exact one ready to go! In fact, most homes come with flaws of a sort whether it is old paint or flooring, outdated fixtures or perhaps more extensive repairs are needed. While some buyers have no issues dealing with these deficiencies in a home or perhaps do not consider them dealbreakers, other house hunters might.

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Interest Rate Increase

Interest Rates Set to Increase by 0.50%

The announcement today by the bank of Canada is that they will increase the overnight target rate by 0.50%, bringing it to 1.00%. This is the first 0.50% rate hike since 2000, and is out of the usual, as typically we’ve only seen 0.25% increases.

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Rates Increasing

Higher Qualifying Rates

With Rates Increasing, You’ll Qualify For A Smaller Mortgage… But Not With All Mortgages So why is this? It comes down to the “Stress Test”.  When

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