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Rate Drop! Variable and Adjustable-Rate Mortgages Poised for a Comeback

Rate Drop! Variable and Adjustable-Rate Mortgages Poised for a Comeback

by Rakhi Madan | Jun 7, 2024 | Mortgages, Rates | 0 comments

Finally, the first rate cut in four years to the Bank of Canada’s overnight rate! With this cut and more on the horizon, homebuyers and homeowners in Brampton, Toronto, and the GTA are reconsidering their mortgage options. While the past few years have seen a...
Budget 2024: Will it alleviate our housing crisis and help first-time buyers?

Budget 2024: Will it alleviate our housing crisis and help first-time buyers?

by Rakhi Madan | Apr 19, 2024 | First Time Home Buyer, News | 0 comments

The budget prioritizes easing affordability hurdles for young Canadians, particularly in homeownership, while tax changes aim to target only wealthier individuals Read the full report – Solving the Housing Crisis: Canada’s Housing Plan. Will it meet these goals?...
Important Yet Lesser-Known Aspects of Homebuying

Important Yet Lesser-Known Aspects of Homebuying

by Rakhi Madan | Apr 2, 2024 | First Time Home Buyer, Purchases | 0 comments

In the exciting journey of purchasing a home, there are key factors beyond the surface that often go unnoticed. Understanding these nuances can make all the difference in ensuring a smooth process and minimal surprises after your home closes. What lesser-known aspects...
Spring into Homeownership: Mortgage Qualifying Success Strategies

Spring into Homeownership: Mortgage Qualifying Success Strategies

by Rakhi Madan | Mar 5, 2024 | First Time Home Buyer, Purchases, Qualifying | 0 comments

With expectations of lower mortgage rates on the horizon, homebuyers are gearing up for what promises to be a robust spring housing market. As anticipation builds, many prospective buyers are eager to seize the opportunity to secure a mortgage and purchase their dream...
Fixed or Variable Rate Mortgage? Or Hybrid?

Fixed or Variable Rate Mortgage? Or Hybrid?

by Rakhi Madan | Feb 4, 2024 | First Time Home Buyer, Purchases, Renewal | 0 comments

While nothing is certain, Bank of Canada cuts to the overnight rate are on tap for 2024, possibly starting in April. The strong potential for rate cuts has made variable and adjustable mortgages a top consideration for some homebuyers and homeowners because these...
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