Coming Soon: Expanded 30-Year Amortizations & Higher Insured Mortgage Limit
If you’ve been dreaming about buying your first home or purchasing a newly built property, there’s some fantastic news on the horizon. Starting December 15, two major changes are coming to the world of insured mortgages in Canada—changes that could make homeownership...
Why It’s Important to Prepare for Downpayment Verification
When you prepare to purchase a home in Brampton, Toronto, or the GTA, be aware that a key step in the mortgage process is your downpayment verification. This is where your lender will ask you to provide a 90-day history of all the funds you plan to use for your...
Thank you! Proud to be Brampton’s #1 Mortgage Broker
Recognition as Brampton’s #1 Mortgage Broker is not just an honour—it’s a testament to the trust and support of my clients and partners. This achievement reflects the dedication and hard work that goes into helping each of you find the perfect mortgage solutions. I’m...
Top Tips for Surviving the Mortgage Stress Test
The mortgage stress test can be a challenging hurdle for homebuyers, but it’s an unavoidable reality for anyone looking to purchase a home in Brampton, Toronto, or the Greater Toronto Area. Introduced by OSFI and the Department of Finance to ensure borrowers can...
Buying Your First Home: How to Know When You’re Truly Ready
The dream of owning a home is a significant milestone. Still, it's a substantial commitment and investment, and it should be a decision made when you're genuinely ready, both financially and emotionally. While history has shown that property ownership can lead to...
Rate Drop! Variable and Adjustable-Rate Mortgages Poised for a Comeback
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?
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
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
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?
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...