Before I even begin this article and the math and calculations, I believe in making a choice that you feel is in your best interest.  In our opinion taking a shorter-term rate is a HUGE gamble!  You are taking a big risk that rate will be low enough at the end of the term you […]

‘Tis the season of joy, giving, and gratitude. During the holiday hustle, let’s take a moment to consider the true essence of the season – meaningful connections and thoughtful gestures. This blog post aims to inspire a shift towards mindful gift-giving, focusing on secondhand and heirloom treasures, handmade delights, consumable pleasures, experiential wonders, and the […]

You will often hear me say that mortgages aren’t only about rates.  Finding the best solutions to fit your needs is 10x more important.  This is 100% TRUE. However, this all goes out the window in a decreasing interest rate environment.  We are currently in a decreasing mortgage rate environment. 5-year Canadian Bond Yields have […]

This question came in through one of our social media platforms: “I’ve never used a mortgage broker before.  How much can I really save? Benjamin Franklin wisely said to “worry about the pennies and the dollars will take care of themselves.” Each client and situation is unique, however, we can break down the savings for […]

When it comes to your home financing, why settle for anything less than the best? Whether you’re renewing your mortgage or considering a refinance, we’ve got an offer that stands out from the rest. Dive into a world of unbeatable rates, no legal fees, appraisal fees, or transfer fees for renewals, and say goodbye to […]

I posted this article I wrote a few years ago and I thought it needed some updating to reflect how punitive policy has put Canadian housing in peril. Meet Janet, she is a single mom, earning $55,000 per year, collecting child support of $600 per month, and also collecting CCB of $400 per month.  The […]

If you’re in the market for a new home, one of the best things to do is visit open houses!   You will be able to see what you like, check out different neighbourhoods, and interview REALTORS if you haven’t hired one yet! To qualify for your mortgage please contact us directly or download our app […]

There has been a lot of buzz about the Renewal Cliff in the media lately.  What is it?  It is a concern that borrowers will not be able to afford their mortgage renewal in the new higher interest rate environment. For example, if you purchased a home for $350,000 in Winnipeg, MB in January 2019 […]

Don’t Miss the December 31, 2023 FHSA Contribution Deadline! Are you dreaming of owning your first home? The First Time Home Buyers Savings Account (FHSA) might just be the key to turning that dream into reality. As the year comes to a close, it’s crucial to remind ourselves about the FHSA and the upcoming December […]

In the unpredictable world of mortgages, where dreams of homeownership can quickly turn into nightmares, the right lender can make all the difference. At Mainstream Mortgages, we pride ourselves on turning challenges into success stories. Let’s dive into the experiences of our recent clients and explore why choosing Mainstream Mortgages is a decision worth celebrating. […]