Fixed mortgage rates have been steadily increasing these days, making this a big deal in the mortgage world.Fixed rates have increased by about one percentage point, or 100 basis points, since the start of this … Read More
Mortgagepro for self employed mortgages.
Getting a mortgage as a self-employed individual. Are you aware of this? In the mortgage and financing industry, approximately 15%+ of Canadians are self-employed, which makes this a significant market. However, getting a mortgage as … Read More
Spring is in the air
Strong seller market? There are only a few weeks left until spring! So let’s take a look at the market trends for the upcoming Spring season since some of you might be ready to buy … Read More
The mortgage rate hike has begun.
At this time Bank of Canada raise rates only slithly at its recent meeting of January, it is clear that interest rates are on their way up. It is understandable that those with variable-rate mortgages … Read More
Amortization and affordability.
The odds of being able to purchase a home in Canada is, for many Canadians, starting to feel like the odds of winning the lottery. And like the lottery, if they don’t try, they will … Read More
Self employed mortgages!
Would you be interested in learning about this? Self-employment accounts for a sizeable chunk of the Canadian workforce, and mortgage and financing products cater to this segment. Concerning self-employed persons seeking a mortgage, some key … Read More
Mortgage Advice 1
Credit Score No matter where you get a mortgage, you should aim for at least a 680 credit score for at least one borrower (or guarantor), especially if you put less than 20% down. A … Read More
Mortgage renewal, the easy way!
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