7 Mortgage mistakes you should avoid in 2016
Credit / Documents / Downpayment / First Time Home Buyer / Lenders / Market Updates / Mortgage Renewal / Pre-Approvals / Purchase / Qualifying / Refinance

7 Mortgage mistakes you should avoid in 2016

With the recent announcement of another mortgage rule change, we have been getting borrower inquiries about how this will affect potential financing options. The new minimum 10% downpayment requirement for properties with a purchase price of over $500,000 will not affect the majority of new borrowers unless you are buying in the higher priced property … Continue reading

Should I rent or buy? Take the quiz now
Credit / Downpayment / First Time Home Buyer / Income / New to Canada / Pre-Approvals / Purchase / Qualifying / Quizzes

Should I rent or buy? Take the quiz now

All you have to do is write down the letter that best describes your current financial situation and then count how many of each letter you have. The letter that you have the most of will correspond with an answer at the end of this short quiz. Is your income reliable and continuing? A) I … Continue reading

Mortgage fact or fiction?
Bankruptcy / Credit / Debts / Documents / Downpayment / Income / Lenders / Purchase / Qualifying / Refinance

Mortgage fact or fiction?

A mortgage is not a subject we learn about in high school, although I wish it was. Credit, interest rates and qualifying for a mortgage will affect your lifestyle going forward, however, where is one supposed to learn about this? Some hear about them through friends or family, or maybe online, though the mortgage market … Continue reading