Mortgage Blog
Looking Out For Your Best Interest
How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in Ontario
July 21, 2021 | Posted by: Mike Jones
When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with ...
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Bank Of Canada Rate Update July 14, 2021
July 14, 2021 | Posted by: Mike Jones
Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ per ...
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Risks of Putting Down a Firm Offer with a Pre-Approval Ontario
July 7, 2021 | Posted by: Mike Jones
Risks of Putting Down a Firm Offer with a Pre-Approval Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you fin ...
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Low Rates in Ontario Helping Buyers Pay Off Their Mortgages at Record Pace
June 28, 2021 | Posted by: Mike Jones
Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61% ...
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Buying Land To Build A Home in Ontario
June 16, 2021 | Posted by: Mike Jones
Buying Land To Build A Home If you've been dreaming of escaping your unruly neighbors, the hubbub of the city, or the restrictions of your homeowners' association, then buying land to build a home is ...
read moreBank Of Canada Rate Update June 9, 2021
June 9, 2021 | Posted by: Mike Jones
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rat ...
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Your House-Closing Timeline: A Step-By-Step Guide | Ontario
June 7, 2021 | Posted by: Mike Jones
The process of buying a house can be quite exciting. However, the process is laborious, and it can also be nerve-wracking, especially if you do not know what to expect at what stage. The process is lo ...
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What Are the Next Steps After Your Offer Was Rejected? In Ontario
May 19, 2021 | Posted by: Mike Jones
What are the next steps after your offer was rejected? Finding an ideal home can be a daunting process. It involves talking to a wide range of realtors and having a myriad of meetings with your mortg ...
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Investing In An Apartment Complex
May 5, 2021 | Posted by: Mike Jones
Investing In An Apartment Complex Investing in an apartment complex is one of the most effective ways of building wealth in the real estate industry. Some of the benefits that are associated with inv ...
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2021 Mortgage Stress Test - Latest Updates
April 21, 2021 | Posted by: Mike Jones
On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usual ...
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