The process of securing a mortgage can be a little nerve-racking. It's sort of like finding a needle in a haystack only that now the process is a little bit more meticulous and more intimidating with a bit more variations and styles. And all the more if you are a new buyer. In this article, we are going to explore 5 helpful tips to help get the mortgage that’s just right for you. Ask for...
Have you heard of the term "house poor"? Essentially it means having your mortgage payments take up so much of your monthly income that you don't have much room for much else.. What should you do if this is the case? Should you sell your home and start renting? Well with rental prices hitting new heights this might not be a better option. One thing you could do is go into your...
Here come the rate hikes…Bank of Canada raised the rate 25 basis points to 0.5% as expected after GDP growth numbers came in above expectations. We’ve had the lowest interest rates in history for 13 months so we’ve been a bit spoiled...pretty much knew there was nowhere to go but up! What about mortgage rates? Variable mortgage rates will begin to rise of course, but longer term...
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