When you submit a mortgage application in Canada, your credit score is important. It is used by lenders to assess your riskiness. You’re more likely to be granted a loan if you have a high score. You might benefit from …
Purchasing a home can be stressful, particularly when applying for a mortgage. However, knowing the distinction between pre-qualification and pre-approval might allay your …
Mortgages are a huge part of many Canadians’ lives, as they help finance the purchase of a home.
So, you are in the market for a new home, or maybe you are just looking to refinance your current mortgage? Well, listen …
Property rates are increasing with each passing day. When we buy or purchase a home, we usually take up home loans, which we get at a certain interest rate.
Certain mortgage rates move as a trend in the market. Knowing …
For many Americans, the final word on their mortgage will be handed down to them by their lender. However, for some, it could be the last day of their loan. In fact, for many lenders, a five-year mortgage is the last …
Rising interest rates are something to keep an eye on if you have a mortgage or other loans. There may be opportunities to profit from the …
Getting mortgage approval in Ontario can be stressful. Anyone aspiring to own property must not only obtain authorization for a mortgage but also comply with ever-stricter mortgage approval requirements because housing …
A mortgage is an arrangement in which a person provides or keeps their immovable property as security for a loan. A mortgage lender or a bank generally provides this type of loan. But the loan should be paid back on …
If you want to buy a home in Canada, you’ll have to compete with tens of thousands of other people. This is because they apply for current mortgage rates every year. You’ll have to make many decisions during the …
he interest rate on variable-rate mortgages fluctuates according to an underlying benchmark rate. This is based on the prime rate of the Canadian mortgage lender. Lenders determine the prime rate, but it often tracks …