Variable Rate or Fixed? According to the market the variable rate may be the way to go. One of the toughest questions we face at Mortgage Architects is what product we would choose; the variable rate or the fixed rate. In the last six months it [...]
Will Technology Replace Real Estate Agents? This past week I ran into one of the top five Real Estate Agents in Hamilton-Wentworth. I asked his year went and he indicated it was OK. Although he expanded his team and marketing, he was less than [...]
Rental Housing Crisis It’s true we have a serious housing crisis - not just Rental Housing. As a mortgage broker, realtor or property manager we are so lucky when we put to good people or families in their living accommodations. We have a true [...]
Mortgage Rates Dropping Soon? If you're waiting to see Mortgage Rates Dropping again, you're not the only one! In recent weeks, many lenders have increased their 5 year fixed rates. They are going in the wrong direction! The 5 year swap yield [...]
Banks: What They Don't Want You To Know We have seen this time and again in our office at Robert Floris - Mortgage Architects on the East Hamilton Mountain. Clients have purchased a home and over-extended themselves either because they haven't [...]
Mortgage Tips On Why You May Not Get A Mortgage - TOP 5 LIST! At Robert Floris' Mortgage Architects office, we want you to know how a bank thinks so you can better prepare for financing. We really have the objective to educate our clients so [...]
With Remembrance Day just around the corner, we remember and honour those who served our beautiful country; those who are responsible for our freedom. Their sacrifices will never be forgotten. Robert F.With Remembrance Day just around the [...]
We had a question in our office from a client recently who was thinking of refinancing his mortgage. It was coming up for maturity and he was thinking of buying a used car. Pro tip: the best time to refinance is at maturity. This allows us to [...]
Higher Mortgage Rates Will Hurt Canadians' Ability To Afford a Home At Robert Floris' Mortgage Architects office in Hamilton, our thought process is not only to provide valuable mortgage services, but to educate and offer our opinion on the [...]
When you are selling your home and buying a home, often the 2 dates don't match up perfectly. If the closing date of buying a home comes before the closing date of the sale, you might need a bridge loan. No big deal. Many banks will do them. [...]