Mortgage rates are like the weather. They’re always changing! Just like you check the forecast to see if you need to pack an umbrella or wear a coat, it’s important to keep an eye on mortgage rates when considering …
Mortgage rates and inflation are two important factors that are closely related to each other. In Canada, these two factors significantly impact the housing market and the decisions of homebuyers and …
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 …
Being ready at every turn is crucial if you consider becoming a homeowner. The most challenging part of the process, besides monitoring interest rates today and looking for the ideal home, is filling out a mortgage …
The housing market of Ontario is making a balanced territory. It has been giving powers of negotiating to its buyers for the first time in 2 years. Many are still unaware of how rising interest …
The mortgage stress test is required of all homebuyers. If interest rates rise and mortgage payments increase dramatically, the mortgage stress test can help you avoid defaulting on your loan. There are steps you can …
One of the first decisions you make when getting a mortgage is whether to go with fixed or variable rates. It’s undoubtedly one of the most important decisions you’ll ever …
10 Things to Know Before you Refinance a Mortgage : Mortgage refinance in Canada could lower your interest rate and monthly payments, as well as allow you access to some of your property’s equity. However, this …