First Time Home Owners Account
Mortgages Blog
by jen
5M ago
    In the midst of rising interest rates, inflation, the after effects of the pandemic – you are thinking of purchasing a house for the first time? Look at you go! Turning on the news especially these days always seems to be saturated with nothing but negativity. Well, we have some good news for prospective first time home owners The first time home owners savings account is here! “What… you mean a TFSA?” Not quite.. The first time home owners account is new, specific to a property purchase AND is tax deductible. Sound good so far? Here we outline an overview of the first time ho ..read more
Visit website
Why You Shouldn’t Worry about Rising Interest Rates
Mortgages Blog
by jen
5M ago
Consumer consternation has abounded amid the Bank of Canada’s most recent interest rate hike, which brought its overnight lending rate to 4.5%, forcing many to tighten their belts, but the fallout doesn’t have to be so dramatic. The central bank indicated that we’re entering a period of relative calm. For starters, most observers agree that if there’s any movement this year, it could be a quarter-point decrease to the overnight lending rate, although we’re not so convinced. StatCan’s most recent job report revealed a 5% unemployment rate, negligibly higher than its record-low figure of 4.9 ..read more
Visit website
Mortgage Calculator Test
Mortgages Blog
by James Harrison
9M ago
The post Mortgage Calculator Test appeared first on Mortgages.ca ..read more
Visit website
Avoiding a Post-Holiday Debt Hangover
Mortgages Blog
by James Harrison
2y ago
    It is without doubt that this upcoming holiday season is looking more positive for most people than it did last year where we were bound by many restrictions... The post Avoiding a Post-Holiday Debt Hangover appeared first on Mortgages.ca ..read more
Visit website
The ABC’s of Private and B-lending
Mortgages Blog
by James Harrison
2y ago
The ABC’s of Private and B-lending   When it comes to securing a mortgage, most of us might think big banks are the only option. But what happens if those... The post The ABC’s of Private and B-lending appeared first on Mortgages.ca ..read more
Visit website
Alternative Lending: Intro to B-Lending
Mortgages Blog
by James Harrison
3y ago
  Has your bank turned you down for mortgage financing?   You are not alone, for as long as the mortgage industry has been around, rules and regulations have put... The post Alternative Lending: Intro to B-Lending appeared first on Mortgages.ca ..read more
Visit website
Private Lending
Mortgages Blog
by James Harrison
3y ago
I am sure that if you have watched CP24 by now, you have seen Oliver the Jeweller or another pawn shop offering private mortgages that close within 24 hours and... The post Private Lending appeared first on Mortgages.ca ..read more
Visit website
Beyond the Headlines
Mortgages Blog
by James Harrison
3y ago
Why the Fine Print Matters More Than the Rates   The recent unveiling of a sub-one per cent interest rate on a mortgage got a lot of media attention.  ... The post Beyond the Headlines appeared first on Mortgages.ca ..read more
Visit website
Thinking About Getting A New Mortgage After A Deferral?
Mortgages Blog
by James Harrison
3y ago
Find out what impacts a payment deferral has on your ability to qualify for a new mortgage.   Like many Canadians who have deferred their mortgages during the COVID-19 pandemic,... The post Thinking About Getting A New Mortgage After A Deferral? appeared first on Mortgages.ca ..read more
Visit website
Leveraging The Equity in Your Home To Buy A Cottage Now
Mortgages Blog
by James Harrison
3y ago
Thinking of Buying a Cottage? Here’s How to Leverage The Equity in Your Home to Make That Happen Cottages have always been a hot commodity, but even more so this... The post Leveraging The Equity in Your Home To Buy A Cottage Now appeared first on Mortgages.ca ..read more
Visit website

Follow Mortgages Blog on FeedSpot

Continue with Google
Continue with Apple
OR