by Harpreet Sandhu | Nov 15, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
How Can a Co-Signer Help Your Mortgage Approval? If you’re experiencing difficulty meeting traditional lender mortgage guidelines thanks to such factors as a credit blemish or simply because ‘life happened’ (divorce, illness, job loss, etc), you may benefit from...
by Harpreet Sandhu | Oct 30, 2019 | Announcements, Blog, CMHC
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The outlook for the global economy has weakened further since the Bank’s July Monetary Policy Report...
by Harpreet Sandhu | Oct 18, 2019 | Blog, Finance, Homeownership
Did you know that several lenders today are exclusively offering collateral charge mortgages? This means it’s more important than ever to understand the differences between a collateral and a standard charge mortgage before signing your mortgage commitment. The most...
by Harpreet Sandhu | Oct 4, 2019 | Blog
You Can Finance Your Home & Cover Reno Costs Together You Can Finance Your Home & Cover Reno Costs Together Buying a move-in ready home isn’t for everyone. In fact, many people fall in love with a house because of, not in spite of, its need for...
by Harpreet Sandhu | Sep 20, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
Prior to securing your first mortgage, you considered a number of different factors such as the rate, term, amortization period and other important features. So, before your mortgage reaches its maturity date (in five years or however long it has been set), it’s...