Does the recent mortgage rule change affect you?
There had been speculation that the government would act to cool our hot housing market, which is definitely evident in Brampton, Toronto and the GTA, but we saw only modest measures to affect both demand and supply in the April 19 federal budget. On the demand side...
Mortgage Rates 101: what’s important
Homebuyers and homeowners in Brampton, Toronto and the GTA always have many questions about mortgage rates – how they are set, why some go up and others don’t, why most don’t qualify for online rates, why there are so many different types of rates and ultimately, what...
Important insurance definitions for homebuyers
When you are looking for a home in Brampton, Toronto or the GTA, it’s easy to get caught up in the excitement and frenzy of homebuying. During all that excitement or before you start, be sure to take some time to get acquainted with a few key terms. Here are the types...
Can first-time homebuyers use their RRSPs to help with their purchase?
Thinking about buying your first home in Brampton, Toronto or the GTA? Wish you could save up more for a good down payment? Many first-time buyers aren’t aware that they can use their RRSP funds for the purchase or even construction of their first home. The federal...
How to improve mortgage qualifying success
Helping homebuyers in Brampton, Toronto and the GTA get their dream homes and build long-term wealth is my passion. I want to help as many people as possible navigate the confusing and often overwhelming experience of mortgage financing. One of my primary...
The Mortgage Broker Advantage
Homebuyers in Brampton, Toronto and the GTA often ask – shouldn’t I just get my mortgage at the bank? There are major differences between going to the bank and working with me as your mortgage broker. And those differences are why more and more are turning to Brampton...
Why “conditional on financing” is so important
Homebuyers in Brampton, Toronto and the GTA often ask me what they need to think about when making an offer on a home. My answer is always - when you find the condo or house of your dreams and want to make an offer, make sure you have a financing condition, which...
When does it make sense to refinance?
Tiff Macklem, Governor of the Bank of Canada, provided comforting news about rates in July when he said, “our message to Canadians is that interest rates are very low and they’re going to be there for a long time.” Lower rates are good news for homeowners in Brampton...
Five important ways to improve your credit
All homeowners and homebuyers in Brampton and the GTA should be aware of what their credit score is and how to make sure it stays healthy. It’s important because your credit score tells lenders what kind of a risk you are likely to be as a borrower. A low credit score...
Building wealth through Investment Property
In Brampton and the Greater Toronto Area, an investment property is being increasingly viewed as a great way to build a pension plan, particularly since so many are not covered by workplace plans. Over the long term, investing in property can be a great source of...