• Mortgage Rates Are Likely On The Rise

    Mortgage Rates Are Likely On The Rise The Bank of Canada is set to announce its decision for the overnight rate target this morning. Here are some of our thoughts on rising mortgage interest rates. We hope you enjoy this short video on the topic.[...]

    Read more

    Why Refinancing Your Mortgage May Be The Best Financial Move For You You Can't Judge A Book By Its CoverAs it is said: "you cannot tell a book by its cover". Alex and Karen taught me this lesson after our first interview. After being referred by a [...]

    Read more

    Which Mortgage Amortization Is Best For Me? When answering the question which mortgage amortization is best for me, the first point we should address is what is an amortization period? And amortization period is the length of time that it will take [...]

    Read more

    How Lenders Have Made Getting A Mortgage A Terrible ExperienceA young couple was referred to me from a realtor. They were young, getting married and starting their careers. Sam and Janet were buying their first home and they were sharing their dreams[...]

    Read more

    Should I switch mortgage lenders? Before answering this question "should I switch mortgage lenders", there are some other questions that would need to be answered first, before making this determination. When does my existing mortgage mature? The [...]

    Read more

    Is a fixed or variable mortgage best for me?´┐╝The above question is by far the number one question us mortgage professionals receive. Or another question is Robert, what would you do if you were me? Unfortunately I am not you and my answer may not[...]

    Read more

    What Is The Purpose Of A Line Of Credit? Short Answer: when you need a short term loan. What Is A Line Of Credit? Think of a line of credit like a really cheap credit card. You have a limit on it like a credit card. You can pay it back and draw [...]

    Read more

    Should I Rent Or Buy? Short answer: buy - if you can afford it/qualify.We're not just saying this because we are mortgage brokers and we are looking for some commission. Even if you had enough money to purchase a property to live in versus rent [...]

    Read more

    What is the cheapest home equity loan? Before answering this question, I think it is important to explain what a home equity loan is. What is a home equity loan? Normally when you get a mortgage on a home, you prove to the bank that you can afford[...]

    Read more

    Top 3 Downsides Of Using A Mortgage Broker 1. They can charge.For typical mortgages where the borrower meets the standard qualification criteria, the mortgage broker gets paid a finder's fee from the bank. It costs the borrower nothing and does not [...]

    Read more