Did you know? March is Fraud Awareness Month. Protecting yourself and your mortgage from fraud is crucial to safeguard your financial well-being. Understanding some of the more common mortgage fraud scams and how to protect … Read More
Mortgages funded by banks, explained!
A bank-funded mortgage refers to a home loan that is provided by a traditional bank or financial institution. In this type of mortgage arrangement, the bank lends money to the borrower to purchase a home, … Read More
Talk with your Mortgage about rising interest rates.
In the midst of the pandemic, many Canadians jumped at the chance to buy homes and refinance their mortgages at all-time low interest rates. Fast forward to today, and these rates have had a steep … Read More
Importance of Mortgage Default Insurance in Canada!
Mortgage funding, mortgage insurance, first second mortgages are not as easy as some thinks. As an expert to avoid costly mistakes.
Realtor provide great advice when selling or buying a home!
When it comes to purchasing a home, most offers include “conditions” (or “subjects” if you are in the provinces of British Columbia or Manitoba), which are requirements or criteria to be met before the sale … Read More
Use Home Buyer’s, RRSP plans for down payment on a mortgage!
RRSP Home Buyers’ Plan The Home Buyers’ Plan (HBP), a program offered by the Government of Canada, is designed to help Canadians purchase their first home. The program allows RRSP account holders to withdraw money … Read More
Bank of Canada raises rate, again!
Where are we heading with affordability? Bank of Canada raises policy rate by 25 basis points The Bank of Canada has raised its target for the overnight rate by 25 basis points to 4.75%. … Read More
Mortgage advice MortgagePRO!
Solid advice and prudent planning make all the difference. As Canadians adjust their home-buying strategies, professional advice is paramount to ensure they understand their options and what is possible, MortgagePRO brokers say. An advisor can … Read More
Home equity can be used as business loan!
Financing options After navigating the COVID-19 pandemic, many small businesses in Canada continue to struggle as they face rising inflation and the looming possibility of a global recession. Despite these unstable conditions, 83% of small … Read More