15 Essential Questions You Must Ask Your Mortgage Broker
When it comes to one of the biggest financial decisions of your life – getting a mortgage - it's essential to have all the necessary information to make informed decisions. Working with a knowledgeable and trustworthy Mortgage Broker can simplify the process and help...
The benefits of debt consolidation & refinancing your mortgage
If you are a Canadian homeowner who is struggling with debt, you are not alone. According to recent statistics, the average Canadian household owes almost $41,500 in consumer debt, which includes credit card debt, personal loans, and lines of credit. Managing multiple...
Mortgage portability: Can you keep your low-rate mortgage when you move?
One of the most commonly asked questions by homeowners in Brampton, Toronto, and the GTA looking to buy a new home is whether their existing low-rate mortgage can be taken with them, with all its current terms and conditions. The answer is - maybe! Porting a mortgage...
The Tax-Free First Home Savings Account is HERE!
The Tax-Free First Home Savings Account (FHSA) is a new program available in April 2023 that will help homebuyers in Brampton, Toronto, and the GTA get into their first home faster. It allows you to save up to $40,000, giving you a tax deduction on your contributions...
Mortgage Options and Considerations After Divorce
When couples in Brampton, Toronto and the GTA go their separate ways, how the matrimonial home is handled is a major concern. You want to move forward as confidently as possible and that’s why it’s important to seek out the advice of an experienced mortgage...
How to Survive and Thrive in 2023
Few anticipated what happened to mortgage rates and the real estate market in 2022. We did expect rates to rise, but going from an overnight rate of 0.25% to 4.25% caught us off guard and at times took our breath away! Inflation soared and the Bank of Canada...
Six tips to help you get mortgage ready
Given price declines since the peak of the housing market in February 2022, homebuyers are finding good opportunities in the Brampton, Toronto and GTA markets. However, our higher rate environment has resulted in a tougher stress test, which makes it difficult for...
How To Navigate Your Mortgage Renewal During Rising Rates
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...
Is the stress test keeping you from a great opportunity?
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...
Why a Mortgage Broker is the smart choice during uncertain times
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...