23 May

When to find the most completive mortgage rate of the year

General

Posted by: Karen Wilson

When to find the most completive mortgage rate of the year by Neil Sharma 23 May 2019 SHARE When to find the most completive mortgage rate of the year According to data compiled by Ratehub.ca, the spring buying season is the best time of year to get a competitive rate from A lenders. The data […]

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21 May

Do You Understand the Mortgage Stress Test?

General

Posted by: Karen Wilson

A new survey has emerged showing that out of 1,901 owners and would be homeowners, 43% (more than two out of five) Canadians are not confident in their knowledge of the mortgage stress tests—despite them being in place for more than a year now. We wanted to give you a brief set of notes regarding […]

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13 May

WHO PAYS YOUR MORTGAGE BROKER? NOT YOU!

General

Posted by: Karen Wilson

If you’re looking to get a mortgage and considering a mortgage broker, there’s a good chance you’re wondering about how much the service costs. Good news! Clients looking to get a standard residential mortgage pay no fees to the broker. On standard residential mortgages, it’s 100% free for the clients. We’re paid by the bank […]

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8 May

5 THINGS NOT TO DO BEFORE CLOSING ON YOUR NEW HOME

General

Posted by: Karen Wilson

1. Change your job. You were qualified for your mortgage financing based on your income, years at the job and the understanding that you were there for a while. Changing jobs should be put off until after possession day. 2 – Changing your name. Make sure that your identification and your name match. Do not […]

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