I remember when I purchased my first time in 1998 and was living the dream. I was 22 years old. 3 months after I moved in and I received my first water bill (billed quarterly). I remember calling my mom and asked her “Is this for real?” After she finished laughing at me, she confirmed […]

“What is your best rate?” is the number one question I get as a mortgage broker. My answers is usually in a joking tone, “0% Fixed rate, all you need is a 100% down payment”. While rate is important, it certainly isn’t the be-all end-all. Today’s blog will discuss the differences. Enjoy the blog! MORTGAGES […]

Yesterday, the Government of Canada released a number of tools and resources on the First-Time Home Buyer Incentive program page. Here’s a list of the items you can expect to find: • An Eligibility Calculator to test and evaluate different financial scenarios and view their impact on mortgage payments. • A Product Highlight Sheet (PDF) […]

7 STEPS TO BUYING A HOME It’s important to understand the home buying process, so here’s a 7-step checklist. Step 1: Down Payment The hardest part to buying a home is saving the down payment (a gift from the Bank of Mom & Dad also works). • For purchases under $500,000 minimum down payment is […]

Today’s blog is brought to you by David Cooke. First National is one of our office’s preferred lenders. Excellent service and turn around times. They value you their customers immensely and are almost impossible to beat on rate at renewal. enjoy the blog 🙂 A BANK THAT MAY NOT BE FAMILIAR TO YOU Quiz time! […]

With all of the new mortgage rules, down payment has become one of the biggest issues. Should I borrow it, ask the bank of mom and dad or just start saving. Our colleague Angela Calla has written an amazing blog for today filled with excellent information. Enjoy the blog….. HOW TO GET A 5% DOWN […]

Keeping your home current and well maintained can pay you back in spades! However, over-customizing you home could cost you. Today’s blog deals will 4 surefire ways to get your money back out of your renos! 4 HOME IMPROVEMENTS THAT WILL PAY YOU BACK Some home improvements provide more of a payback when you sell […]

Today’s blog comes from our colleague Chris Cabel. Education is a must, getting your mortgage by yourself through an online brokerage or even through your bank is so risky on many levels! Getting a mortgage used to be a sales process. All the lenders sort of offered the same thing, and rate was usually your […]

The past few weeks have been great ones for mortgage brokers. Noting better, than telling your clients that their rates are going down. It seems that 2019 will be a year of decreases instead of the predicted increases. Enjoy today’s BLOG! INTEREST RATE CUT MORE LIKELY THAN HIKE IN 2019 When the Bank of Canada […]

Have questions about the new housing initiatives offered in the 2019 fiscal plan? We have answers. Please read DLC’s Chief Economist’s interpretation of the news. Enjoy the blog…. FEDERAL BUDGET 2019–ACTIONS FOR HOMEBUYERS In its fourth fiscal plan, the Trudeau government spent its entire revenue windfall leaving the deficit projection little changed. In this election […]