Buying a new home. It’s never an easy task and is often emotionally draining. Whether alone or with family, you are making a life-changing decision, at least for the foreseeable future; so you want to get it right! Many couples and/or families go through this process a few times in their lives and often repeat…
Last week’s article covered some latest news about the Bank of Canada’s decision to increase the interest rate for mortgages and how it may affect homebuyers. One of the short interviews that was included in the text briefly discussed the difference between fixed rate and variable rate mortgage, but now, you can read more extensively…
After an off-topic blog about mental and physical wellness last time around, we are back discussing a very important topic regarding the economy and banking’s effect on our real estate market. There are some more news coming out about the stress-test regulations this year. Sadly, it’s going to be even more difficult for younger people…
Before we even begin, I do not mean investing in a whole town! This blog is going to discuss investing in properties located in small towns, specifically Ottawa. And let me say, it’s not necessarily ideal. The problem with small towns is the low market appreciation. Around Ottawa, you have towns such as Smith Falls…
Being in between the sale of your home while looking to buy a new home can often be stressful. If you cash in too early on your current one, you may end up wasting time renting an apartment, as well as a large volume of storage space for all your furniture and belongings. On the…
It has been a while since we have touched back on this topic, and given summer is a season where many transactions take place in the real estate market, we thought it could be a good idea to remind upcoming homebuyers of the process behind a future purchase. A mortgage…
This month, we’re doing something a bit different with our blogs, and are pleased to invite Ottawa resident Jason to write a two-part blog on his story with the house he owns in Sandy Hill. The second part will be published two weeks from now, so please stay tuned a fun post-Christmas read! …
When it comes to the world of home loans, mortgage brokers can be invaluable in helping potential homebuyers with their process. A mortgage broker is an intermediary who brings borrowers and lenders together. They help compare rates among different lenders and find the lowest mortgage rates as well as put them in contact with lenders…
You are a considering becoming a first time home buyer and you may have a lot of questions about mortgage loans. If you would like to understand the home buying process better and are looking for that perfect mortgage feel free to contact me to get all the information you require. For most first time…
What is Mortgage Renewal Time? Unless you can come up with the cash to pay off your remaining balance of your mortgage in your first term, it is time for a mortgage renewal. In simple terms, a mortgage renewal is the process of taking the outstanding balance of your mortgage and renewing it for another…
