What are the key ingredients in helping first-time buyers to purchase a home? The obvious ones are: time, patience & handholding/nurturing. But what else is required to get a first-time purchaser to get into the … 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
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
Mortgage rate hike?
Mortgage rate hike is inevitable. The only question is, when. Position Yourself with knowledge and a MortgagePRO Ltd. in Your corner. Do not make any mistakes, they are expensive.
Smart move, get pre approved!
Mortgage pre approvals are helping You to have a piece of mind.
Difficult time to qualify for a mortgage during Covid
With COVID-19 challenges that include layoffs and deferred mortgage payments, getting a mortgage may be a bit tougher for some, whether it’s for a first home, or refinancing to consolidate debt, or simply renewing your … Read More
Refinance for a better rate and other valid reasons!
Renewal:Your mortgage amortization years are divided into 1-2-3-4-5 and even 10 years term at a time, enabling your lender to adjust interest rate to current market conditions and or simply reclaim the loan from you … Read More
What is HELOC?
In its simplest form, a HELOC works somewhat like a credit card. You can borrow money up to a certain credit limit set by your lender and then pay back the borrowed amounts along with … Read More
When is a good time to get into the market?
When it comes to real estate, one of the most common questions is: when is the best time to buy? The typical response is the best time to buy was yesterday and the second best … Read More