How to Choose the Right Mortgage for Your Situation
Choosing the right mortgage is a pivotal decision that will have a long-term impact on your financial well-being. The mortgage market offers a variety of
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We share valuable information and analysis on various mortgage-related topics to enhance your knowledge.
Choosing the right mortgage is a pivotal decision that will have a long-term impact on your financial well-being. The mortgage market offers a variety of
Mortgages are an essential part of buying a home, offering various options to suit different needs and financial situations. Understanding the types of mortgages available
Navigating mortgage rates can seem like a daunting task for both first-time homebuyers and seasoned investors. Mortgage rates can fluctuate based on various economic indicators,
Here is a great article from DLC’s Chief Economist Sherry Cooper regarding home prices, house listings, and rent. https://dominionlending.ca/news/four-month-home-sales-gain-ends-in-september/
The government’s latest mortgage rule changes have caused an imbalance between supply and demand in almost every region of the country, and will result in
This particular period in time might be the most difficult ever for a Millennial to buy a home. There are several factors at play here
Paying down, and off, debt is a priority in everyone’s life. Every family and individual should have a written household budget. There are plenty of
Have you tried to apply for a conventional mortgage since the inception of the new rules the government implemented on January 1st? If you have
Last week the government announced yet another set of rule changes that will impact the conventional mortgage market; those who have at least 20% equity/down
Have you ever wondered why your credit score is as low as it is when you are diligent in meeting the monthly obligations? It’s derived
Here’s a great article written by a colleague of mine, Dustan Woodhouse, about how the new mortgage rules have severely limited purchasing power. The average
If you’ve been house hunting for any period of time (especially in the GTA and surrounding areas), it usually won’t take long until you realize
Effective March 17, 2017, high ratio insurance premiums will be increasing. This comes right on the heels of the changes the federal government set out
Are you a dentist and you’re currently leasing your premises? If you’ve been contemplating buying a location for your practice but don’t feel you can come up with the required down payment, don’t be discouraged. My lenders can offer loan to values up to 100% of the purchase price, subject to approval. Rates as low […]
An Ipsos Reid Poll showed that in 2008 51% of people expected to be fully retired by age 66. In 2013 only 27% expected to be fully retired by 66. That’s almost a 50% decrease in only five years. That same poll showed that 32% of Canadians expect to work part-time at 66. An […]
The link below will take you to an article outlining how consumers can expect to see mortgage costs start to rise in the next few months. This is unrelated to changes in the prime rate. A must read for anyone that has a mortgage or hopes to have a mortgage. http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2016/05/mortgage-costs-about-to-rise.html
More and more Canadians are going into their retirement years without a lot of money saved in the bank. It is suggested that in order to live a financially comfortable retirement, couples should have saved 50-60% of their peak pre-retirement income, which equates to roughly $42,000 to $72,000 a year or $275,000 to $1,025,000. Singles […]
