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...
by Harpreet Sandhu | Sep 6, 2019 | Blog, Finance, Homeownership, Mortgage
Not only is it important to choose the right mortgage product and rate that’s catered to your unique needs, but it’s also vital to repay your mortgage in a way that will save you the most money. The schedule you choose for your mortgage repayment can have a...
by Harpreet Sandhu | Aug 16, 2019 | Blog, Finance, Homeownership, Mortgage
This is a commonly-asked question, since mortgage agents/brokers and appraisers aren’t authorized to provide a copy of the real estate appraisal report to the homebuyer/homeowner even though you’ve likely paid to have it completed. This is mainly because the lender...
by Harpreet Sandhu | Aug 2, 2019 | Blog, Finance, Homeownership, Mortgage
Over the past several years, it has become increasingly difficult for many people, particularly first-timers, to enter the housing market. This is due to a variety of factors, but most notably tighter mortgage rules implemented by the federal government – including...
by Harpreet Sandhu | Jul 19, 2019 | Blog, Finance, Homeownership, Mortgage
For many people, the first step to buying a home involves perusing local real estate listings. While this can be an exciting exercise, before you begin house hunting, you first need to determine how much you can comfortably afford. After all, you don’t want to find...
by Harpreet Sandhu | Jul 5, 2019 | Blog, Homeownership, Mortgage
Housing market trends are constantly changing. Factors such as the economy, house prices, inflation and interest rates all play a role in market fluctuations. Just as important, however, is the role of the individual buyer and, today, one of the most influential and...
