Why do buyers buy?
So, what is the top motivator for people who plan to buy a home? Survey says! They want to stop renting. 65% of first time buyers and...
Why Do People Break A Mortgage?
Current statistics indicate that over 60% of Canadians break their mortgage earlier than a 5 year term, the average is at 36 months. The...
What is hiding in your fine print?
I would like to caution you to beware of is lender fees and asset transfer clauses. Some lenders offer fantastic, too good to be true...
Exit Costs of a Mortgage
The top reasons people break their mortgage are divorce, sell their home, interest rates have dropped, they need to pull equity out of...
Portable vs. Assumable
Having a mortgage that is able to be transferred to another property (portable) or another person (assumable) allows you some flexibility...
How to save money by Refinancing your home.
Moving homes can be expensive, in fact it is more costly than ever, and there logistics to consider. For those that actually like, or at least don’t mind their neighbours, or they live in a great school district … there are for many reasons that people before embarking on an expensive move. We believe in a client-first approach, and providing the expertise and insight that clients need for all their mortgage needs to assist people in making smart decisions with their money a
Bridge Financing Explained
A bridge loan or bridge financing can be available for clients as a way to “bridge” the gap between 2 mortgages when your closing dates are not the same when you buy and sell. You may be taking possession of your new home a week or two in advance of closing on your current home, either because of how your closing dates worked out, or because you want to do some renovating on your new home before you move in. Whatever the reason, bridge financing is going to be your best frie
Closing costs - lawyers fees
When preparing mortgage options for our clients, we include all fees involved in the process, so that our clients have a full picture of...
Climbing home sales suggest a soft landing
From First National The October read on home sales and prices has returned words like “balance” and “soft landing” to the conversations...
When is the right time to talk about your Mortgage?
When is the best time to connect with your Agent/Broker to talk about your mortgage? The correct answer is not x number of months before...
