MORTGAGE BLOG
Appraisal Tips for Success
Before banks or lending institutions can consider loaning money for a property, they need to know the current market value of that property.
Converting Your Basement to an Income Suite
With the current interest rates and economic scenarios, many Canadians may be looking for ways to bring in some extra cash
Best Summer BBQ Tips
It’s the season of outdoor parties and a summer BBQ is the perfect way to enjoy time with friends and family!
New federal measure removes GST on rental housing construction across Canada
Bill C-56 aims to incentivize the construction of more apartment buildings, student housing, and senior residences.
Home appraisals: Buyers bear the cost, but who owns the report?
Even though prospective homeowners usually pay for their home appraisal, many remain unaware that they typically won’t receive a copy of it.
Mortgage Renewal Benefits
Is your mortgage coming up for renewal? Do you know about all the incredible options renewing your mortgage can afford you?
Where are the safest cities to live in Canada?
Toronto is the safest place to live in Canada, according to a new survey by Money.ca.
Longer mortgage amortizations: Are they here to stay?
It’s been one of the trends of the year in Canada’s mortgage market: borrowers facing steep interest rate hikes deciding to ease some of the immediate shock by stretching out their amortization and keeping payments at a manageable level.
Estate Planning: Are You Covered?
Proper estate planning can ensure that you have a stress-free year knowing you are covered!
When is the right time to buy a house?
In terms of buying a home, the time to make a move is now.
What are Canada’s safest cities to live in?
Toronto was deemed the safest city to reside in within Canada, according to the latest Canadian Crime Index survey conducted by Money.ca.
How to keep a vacation property within the family utilizing the CHIP Reverse Mortgage
The CHIP Reverse Mortgage can give your client(s) access to up to 55% of their home equity in tax-free cash and use these proceeds to keep their family cottage.
Will Ontario see any home price relief this year?
The most comprehensive measure of annual average prices across the province dipped by 6.3% last year over the 12 months prior, according to the Ontario Real Estate Association (OREA), coming in at $872,312.
What impact would a BoC rate cut have on home prices?
Any rate cut decision on the part of the Bank of Canada is not likely to reignite a speculative bounce in home price growth, according to David Rosenberg, founder of independent research firm Rosenberg Research and Associates.
Canadian economy grows, beats expectations
Canada’s economy posted slight growth in November, with gross domestic product (GDP) inching upwards by 0.2% following three consecutive flat months.
Are variable mortgage rates set to see an uptick in popularity?
It’s an age-old question for borrowers in Canada’s mortgage market: fixed or variable rate?
Amortization Options
It all begins with an idea.Depending on your choice of amortization period, it will affect how quickly you become mortgage-free as well as how much interest you pay over the lifetime of your mortgage (a longer lifetime equals more interest, whereas a shorter lifetime equals less interest but also bigger payments).
Making Your Home Workspace More Productive
Fall in love with your home and your workspace again with these tips to help you make your home office space more productive!