The mortgage acquisition process for a new home is far from easy; even from the very first step. Many homebuyers simply don’t know what’s best for them, and whether they’ll even make it through the first phase, nevermind receive the loan. More often than not, mortgage brokers like us are there to help, but we…
To begin with, what does it all mean? Refinancing a mortgage means paying off an existing loan and replacing it with a new one. There are many reasons why homeowners refinance: 1) to obtain a lower interest rate 2) to shorten the term of their mortgage 3) to convert from a variable-rate mortgage to a fixed-rate mortgage…
As we may have all realized by now, Canada’s real estate market is a never ending discussion because of changes taking place and its financial unpredictability. There is the constant worry that prices will keep going up, and less and less families will be able to afford homes. This week, it’s a shorter read, but…
This week, we take a break from guest bloggers who have given excellent insight and shared great stories, to focus on more pertinent issues related to the current real estate market and economy. Most, if not all of the mortgage economy is based on interest rates, and this is what this week’s focus is going…
Wrapping up the end of the summer this week with yet another inspiring guest blog! This time, it’s Chris van Kasteren from London, ON. Growing up in a family of 6 in a local Lucan, ON farm, he was raised to treat future clients like family and keep a strong work ethic. ———– I grew…
This week, we have a new and special guest blogger! Please welcome Terrie Schauer. She is a real estate investor and property manager with has a passion for residential rental properties. She’s been working to make small- and medium sized investment properties profitable for twenty years, in Canada’s major markets (Toronto, Vancouver and now Montreal)…
There have already been a number of posts on our social media channels and even previous blogs that have discussed this issue, but we’ve researched and put together a nice and very brief summary of what has been going on in the last three years in the national real estate market. In the summer of…
We love our Sens, Toronto’s Raptors just made history in the NBA, but one sport that is not acknowledged as much in general; baseball! Of course, we have our national representative also in Toronto, who do their best every season to get closer to a World Series. But this week, in honour of Canada Day,…
It’s almost the middle of 2019, the stress test is still affecting many of the younger generation who haven’t bought a home before, and affordability is decreasing by the month in major Canadian cities; but everything is still doable if you do it right! Start accepting help from the family, or outside. In Ontario, housing…
Of all the major cities and their popularity in Canada, we are certainly not used to Ottawa becoming so big in real estate! And why is this happening? For most of the past decade-and-a-half, frenetic activity across the country has completely taken Ottawa off the map, in terms of media coverage. Let’s look back a…
