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...
There are many members of our mortgage family with both variable and fixed rate mortgages, but why? Is one not superior to the other? We’ll break down fixed and variable rate mortgages to help you understand the benefits of each, and hopefully provide clarity towards...
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...
With the 2019 pandemic, a few economists believed home sales would fall in BC however, that has not been the case. The housing market in BC is growing and demand is outweighing supply with no end in sight. The pandemic has certainly changed how we are living....
A mortgage refinance is by definition paying off your existing mortgage by signing up for a new one. People apply for a mortgage refinance to access home equity, get a lower rate to improve cash flow, or consolidate their debts. It involves breaking or early...
