Top 10 Tips for Getting the Best Mortgage Rate in Canada
Looking for the best mortgage rate in Canada? Follow these 10 tips to help you secure a competitive rate and save money on your home loan. From improving your credit score and making a larger down payment to choosing the right lender and considering government programs, these strategies can help you get the best deal possible. Start your journey to homeownership on the right foot by following these tips and securing a low mortgage rate.
Everything you wanted to know about Property Taxes
Property Taxes Might Be A New Concept for You if You’re a First Time Home Buyer Budgeting for a home goes beyond simply paying your mortgage. In addition you’ll have monthly expenses. Some of them will be variable like heat, hydro, and water. But others are fixed, like your internet and property taxes. If you’ve […]
With Today’s Announcement, The Bank of Canada starts to make some changes
Today’s Rate Announcement Earlier today, the Bank of Canada made their most recent rate announcement. And the news they shared contained some clues as to what might be on the horizon for mortgage interest rates. The big news wasn’t that the overnight lending rate was not going to be increased (yay for variable rate mortgages) […]
The Importance of a Financing Condition
So you’ve been pre-approved or pre-qualified by your mortgage broker and are now hot on the trails of your new home. There’s only one problem: you’re losing out on every offer you place. You might have been advised by family, friends, or a Realtor that a stronger deal will result in a winning bid. And […]
The Best Time to Invest in Real Estate for Amazing Results
The time to invest in real estate has never been better and here’s why you should buy rental property All across the country, we’re seeing real estate markets break records. Limited inventory, low interest rates, and a flurry of buyers, have conspired to create the perfect opportunity for sellers to get top dollar for their […]
What’s the difference between Pre-Approvals and Approvals?
The difference could cost you a lot more than you think. There are actually three different types of mortgage tools to determine you budget: pre-qualifications, pre-approvals and finally approvals. All three are similar, but also very different in how they should be used. The more documents you can provide to a mortgage broker the better. […]
Should I refinance my home now?
With rates at all-time lows you might be asking yourself, should I refinance my mortgage now? The first thing you should consider when deciding if it’s the right time to break your mortgage and refinance is to ask yourself why are you breaking your mortgage? Are you wanting a lower interest rate? Do you want […]
Toronto Real Estate Update: Q&A with Alex Balikoev
There have been a lot of changes since the Coronavirus has surfaced in Toronto. We chat with Alex of Sotheby’s to find out the latest updates Alex Balikoev is no stranger to change in the real estate industry. He started his career selling real estate back in Russia in 2008 and has risen to be […]
Mortgage Rates Explained
Why are there so many different types of mortgage rates in Canada? We break them down for you. If you’ve been in the market for a new mortgage you may have stumbled upon some really tantalizing fixed or variable rates online but when you’re inquired about those rates it turns out you’re not qualified. What […]
How to Get the Best Rates
How to Get the Best Mortgage Rates when You’re Mortgage is up for Renewal When shopping for a mortgage, the best way to get a great deal on your mortgage might not be the easiest way. You might want to think twice before signing that mortgage renewal statement that your existing mortgage provider mails to […]
