Math isn’t for everyone but that’s why we have been blessed with digital and physical machines to help us crunch the complicated numbers. If you are looking to take out a mortgage sometime soon, know what you’ll be signing up for with our mortgage payment calculator. Understanding your mortgage payments is an important part of…
We hope your spirits are still up during this trying time – and certainly making the most out of staying at home and getting to know the contents inside those four walls better than you ever have! We believe this phase is a good time to clean up and fix anything you are able to…
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…
In the last blog post, the booming spring real estate market was discussed. With a change of winds and more sunshine, spring may have you considering the next chapter in your life. With your heart set on a change of scenery, a burgeoning family, or an upgrade for your kin, buying a new home is as…
The process of purchasing a home and arranging for a mortgage can be almost overwhelming, especially to a first-time home buyer. When doing the research, it is important to get assistance to understand terms and conditions. Informed decisions about the terms and budgetary impact is a part of choosing the right financing package. Learn here…
For those who are taking out a mortgage for the first time, knowledge of the effect of changing mortgage rates may be very limited. About one-third of first time borrowers expect the interest rate to remain the same over the next five years. Unfortunately, this expectation can result in loss of the home with even…
