Mortgages
Dreaming of a Home Away From Home?
If you are dreaming of your very own vacation home, there are ways to make it happen!
May 13, 2022
Reflections And Insights From The Other Side Of The Desk.
If you are dreaming of your very own vacation home, there are ways to make it happen!
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!
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.
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 In fact, most homes come with flaws of a sort whether it is old paint or flooring, outdated fixtures or perhaps more extensive repairs are needed.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.
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.
With Rates Increasing, You’ll Qualify For A Smaller Mortgage… But Not With All Mortgages So why is this? It comes down
Providing solid advice, peace of mind, and pertinent information allowing you to make an informed decision. Whether you need a new mortgage, want to refinance your mortgage or need to consolidate debts, I am here for you.
The Mortgage Centre – Hometown Financial #13028
Each Mortgage Centre Is Independently Owned And Operated
Access to premium tools to help plan your mortgage.
