Deferring Mortgage Payments. (Covid-19)
In response to the Covid-19 crisis; for those individuals financially affected, banks and government have announced that payment relief may be...
Bank of Canada Lowers Overnight Rate Target to ¾ percent
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¾ percent, effective Monday, March 16, 2020. The Bank Rate...
Costs Associated with Buying a Property
So you want to buy a property, that’s great! Make sure you have your wallet ready to bring to the table. In addition to the downpayment, there are...
Minimum Required Credit Profile
Credit. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. When you...
Spousal Buyout Mortgage?
If you happen to be going through, or considering a divorce or separation, you might not be aware that there are mortgage products designed to allow...
5 Things You Need to Know Before You Co-Sign a Mortgage!
So you're thinking about co-signing for a mortgage? Okay, do you really know what that means do you know what you are getting yourself into?...
Deposit vs Downpayment
As part of the mortgage and real estate processes, there’s a lot of confusion around the differences between the deposit and the downpayment. It's...
Getting on the Property Ladder
As property prices continue to rise across Canada, the conversation around "how to climb the property ladder" has made a subtle shift to "how to get...
How Much Difference Will Extra Payments Make Towards My Mortgage?
Have you ever wondered how much difference extra payments actually make in paying down your mortgage? Let's take a look and maybe do a little math....
New Construction Assignment
One of the benefits of working with an independent mortgage professional is having lots of great financing options! Rather than dealing with a...