All in Mortgage Renewal
As many leading economists and all 6 big banks predicted, the Bank of Canada has raised the overnight rate to 1.75%. In this article, we explore why all these rates matter to every Canadian household, why the BoC has raised interest rates, and what to expect in the year ahead.
Match Finder is a tool to help you find a find a realtor and/or mortgage broker that aligns with your values, interests, and have complimentary working styles. We hope this will enable you to buy a new home with professionals that you can make a great relationship with and make the home buying process more enjoyable for you and your family.
A detailed guide to mortgages for all levels of homebuyer.
Getting a mortgage with bad credit is possible. Depending on your situation, you could get financing from a Major Bank, Mortgage Specialist Bank, or Private Lender. They all want new business and this article will explain what each lender needs to make the deal work.
There are many benefits to dealing with Private Lenders, but they are usually not suitable as a long term solution to financing your home. Find out how they work, what they cost, and when to use them.
Most people don’t learn about title insurance until they’re signing documents at their lawyer or notary’s office and they learn they can pay a little extra for some insurance to cover an unlikely event. At Mortgage Sandbox, we believe it’s worth every penny and this article explains why buying it is a no-brainer.
You’re almost there… this is the final stage of buying a home: Closing the deal. Learn the importance of home insurance, locksmiths, and a high quality home inspector.
As expected, the Bank of Canada has raised the overnight rate to 1.50%. This is significant because the overnight rate has risen 300% since beginning of 2016 when it was only 0.5%.
In this article, we explain the impact of this trend on mortgage payments and home prices.
