by Rakhi Madan | Nov 3, 2022 | Renewal |
During the last decade, homeowners in Brampton, Toronto and the GTA seldom faced higher rates when they renewed their mortgage. But as rates have steadily climbed over 2022, those with upcoming mortgage renewals are facing a new world of higher rates and higher...
by Rakhi Madan | Oct 5, 2022 | First Time Home Buyer, Purchases, Qualifying, Refinance, Renewal |
Our rising rate environment has caused the government’s “minimum qualifying rate (MQR)” to no longer apply for those looking to purchase, renew or refinance in Brampton, Toronto and the GTA. What does that mean? Well, the MQR is part of the mortgage qualifying “stress...
by Rakhi Madan | Sep 8, 2022 | Purchases, Refinance, Renewal, Tips |
Whether you are buying your first home or next, renewing or refinancing in Brampton, Toronto or the GTA, you need the absolute best mortgage strategy that meets your needs now and, in the future. Achieving your best mortgage is more difficult than ever because we are...
by Rakhi Madan | Aug 3, 2022 | First Time Home Buyer, Purchases, Tips |
Given the softening housing market in Brampton, Toronto and the GTA, I’ve been asked when is the best time to buy – now or wait? History has proven that it is almost impossible to perfectly time the market. Since home ownership has proven to be a very solid investment...
by Rakhi Madan | Jul 5, 2022 | Tips |
The effects of inflation and rising rates are top of mind for homeowners in Brampton, Toronto and the GTA. After all inflation was 6.8% in April and 7.7% in May, Canada’s highest level in decades. Let’s look at how certain choices can help make sure you are prepared...
