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...
by Harpreet Sandhu | Jun 21, 2019 | Blog, Economy, Mortgage
You’re ready to buy a home and you’ve laid out the groundwork to formulate a successful mortgage strategy. Your next step is to consult with a professional mortgage broker or agent who will guide you through the entire process of obtaining your mortgage to help...
by Harpreet Sandhu | Jun 7, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
Every six weeks, the Bank of Canada (BoC) meets to decide which direction, if any, interest rates should take. The state of the economy, inflation, household debt and commodity prices are just some of the factors that play a role in this decision. In order to help...
by Harpreet Sandhu | May 17, 2019 | Blog, Economy, Homeownership, Mortgage
If you’re in the market to buy a home, chances are you’ve already done some preliminary research and discovered there are many different types of lender options – each offering their own unique perks. Historically, securing a mortgage in Canada meant borrowing from...
by Harpreet Sandhu | May 3, 2019 | Economy, Finance, Homeownership, Mortgage
When you’re in the market for a mortgage, it’s important to understand the value of working with an independent mortgage agent who can offer you a full spectrum of solutions catered to your unique needs. Homeownership has become increasingly difficult for many...
by Harpreet Sandhu | Apr 12, 2019 | Homeownership, Mortgage
Spring’ s finally here! This bright new season typically brings with it a sense of rejuvenation and motivation. If you’re like most people, you’ll likely undertake a spring cleaning of your home after it has been closed up all winter. But, did you know that it’s just...
by Harpreet Sandhu | Apr 1, 2019 | Blog, Mortgage
The simple answer to this question is no. In order to secure mortgage financing in Canada you have to come up with at least a 5% downpayment. Now, if you haven’t set aside the 5% for a downpayment in your savings account, that is okay. There are still a few ways...
by Harpreet Sandhu | Mar 18, 2019 | Blog, Mortgage
Collecting the right documentation to prove you are a worthy candidate to borrow a lot of money to buy a property can be an arduous task. The most recent government rule changes and tightening of mortgage qualification isn’t making things easier. If you seem to...
by Harpreet Sandhu | Mar 6, 2019 | Blog
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent data suggest that the slowdown in the global economy has been more pronounced and widespread...
