Mortgages Blog

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 In fact, most homes come with flaws of a sort whether it is old paint or flooring, outdated fixtures or perhaps more extensive repairs are needed.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.

April 15, 2022

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.

April 13, 2022

Higher Qualifying Rates

March 24, 2022

Refinancing: What You Should Know

Refinancing your mortgage refers to the process of renegotiating your current mortgage agreement for a variety of reasons. Essentially, allowing you to pay off your existing loan and replace it with a new one that better suits your needs.

March 18, 2022

Preparing for the Spring Market

Spring is just around the corner! Some of you might be anxious to buy or sell this season, so let’s take a look at the trends for the upcoming Spring market!

March 8, 2022

New Mortgage Rate Announcement

As has been expected, the Bank of Canada has increased it’s overnight rate from 0.25% to 0.50%. This increase has been coming, albeit sooner than originally predicted when COVID started.

March 2, 2022

What to Look for During a Home Tour

So, You think you’ve found your dream home, and you can’t wait to check it out in person. Before you go, here are a few things that are important to look out for during a home tour

February 21, 2022

Understanding Home Insurance

Not all insurance products are created equal. One of the most common mistakes homeowners and potential homeowners make is that they hear the word “insurance” and just assume they have it! Well, you might have one kind of insurance, but you might be missing coverage elsewhere. It is important to understand all the different insurance products to ensure you have proper coverage.