10 Commandments of your Mortgage Pre-Approval
Thou Shalt Not…. 1. Change Jobs, become self-employed or quit your job. 2. Buy a car, truck…
-
-
FHSA vs RRSP vs TFSA. Which is best?
Let’s explore three powerful savings accounts available to Canadians hoping to buy their first home. First Home…
-
First Home Savings Account (FHSA)
Buying your first home is a major milestone, but it can also be an expensive endeavor. Fortunately,…
-
Alberta is Calling! Get Pre-approved with a Local Alberta Mortgage Broker.
In many areas of Canada the cost of living has gotten out of control. Housing prices are…
-
How a Mortgage Broker Can Help You Navigate the Complexities of the Mortgage Process?
How a Mortgage Broker Can Help You Navigate the Complexities of the Mortgage Process? Introduction: The process…
-
Fixed Rate vs Variable Rate Mortgages
Unless you’ve been avoiding the news for the past couple months or out of internet service you’re…
-
Buying a 2nd Home or Vacation Property
You have likely heard already that more and more Canadians are buying a 2nd home or vacation…
-
Buying My First Home
Is it time for me to be buying my first home? There are many reasons people consider…
-
Fall 2021 Mortgage Review
In the past month, Canada 5 Year Government Bond yields went from a low of .78 up to high of 1.09 as of Sept. 28th. Most of that happened in the last week. That’s a pretty significant move. These yields are what mortgage lenders in Canada base their fixed rate residential mortgage rates off of. In response to these increases, many of our lenders have already bumped up their 5-year fixed rates accordingly. For example, last week we had many lenders offering 1.89% for a standard high ratio full featured 5 year fixed rate mortgage. Today many of those same lenders are now in the 2.19-2.24% range.
-
How to purchase a rental property
If you are wondering how to purchase a rental property you will most likely need a mortgage to finance it. The process for getting approved for a rental property mortgage is quite a bit different than purchasing a residence so here are a few key things to keep in mind from the very beginning.
