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
Mortgage protection insurance, for you!
Mortgage Protection Plan: This is not about mortgage insurance, covers the lender in case of loss, provided by selected insurer, like CMHC, this is about your piece of mind, your protection! Protect your home and … Read More
CMHC suggests new tax to solve unaffordability crisis.
CMHC are studying recommended home unaffordability tax will save the crisis.
Canada housing market 2022
Housing Market 2022. According to RE/MAX, steady growth is anticipated across the Canadian real estate landscape into 2022. While Canadians continue to recognize the value and investment potential of their home, market challenges (such as … 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 lenders categorized!
Mortgage lenders come in many varieties in the world of loans. Many borrowers are unaware of these variations. They can be divided into three categories: 1. From “A Lenders”2. Alternative lenders, or “B Lenders”3. Loans … Read More
Mortgage refinance secrets
Refinancing an old mortgage can save You a lot. Also this is time to use Your equity and pay very low rate.