We have helped so many members of our mortgage family save money and buy their dream homes! But what about the costs between your down payment and monthly mortgage bills? Closing costs are important to budget for, as they can add up very quickly if you’re not...
Rising home prices may make the thought of saving for a down payment seem intimidating. It doesn’t have to be. With a plan in place and the diligence to follow through, you can reach your goal of a down payment sooner than you may think. 1 – Commit to...
We’re sure you have heard about mortgage pre-approvals. Brokers (ourselves included) strive to make the pre-approval process as simple as possible and give you the confidence needed to start looking for the house of your dreams. But what exactly is a mortgage...
Buying your first home is an exciting but stressful experience. It is nearly impossible to be prepared for every possible curveball the home buying process throws at you, but we have a few tips to keep in mind as you begin the process of buying your first home. ...
The mortgage industry has become a more than $1.5 trillion dollar industry in Canada. As the industry grows so do the options Canadians can choose for a mortgage. Banks, credit unions, mortgage investment corporations, and mortgage brokers now offer everything from...
In a recent report to the Standing Committee on Finance, Evan Siddall, CEO of the Canada Mortgage and Housing Corp. (CMHC) forecasted a decline of 9% – 18% in home prices over the next 12 months. Because of this, CMHC announced on June 4th a tightening of their...
