by Rakhi Madan | Feb 5, 2025 | First Time Home Buyer, News, Purchases, Refinance |
Canada’s housing market has shown signs of recovery, fueled by lower interest rates, new mortgage policies, and growing buyer confidence. The Bank of Canada has cut rates six times, with more reductions expected in 2025, making homeownership more attainable....
by Rakhi Madan | Jan 7, 2025 | First Time Home Buyer, Purchases, Refinance, Renewal |
The housing market in 2024 was tough for Canadians. Even though rates came down, they were still too high for many clients trying to purchase, refinance, or renew their mortgages. Some people couldn’t qualify even though they had done many things right. While there...
by Rakhi Madan | Sep 20, 2024 | First Time Home Buyer, Purchases |
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...
by Rakhi Madan | Sep 5, 2024 | First Time Home Buyer, Purchases |
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...
by Rakhi Madan | Aug 6, 2024 | First Time Home Buyer, Purchases, Refinance |
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...
by Rakhi Madan | Jul 3, 2024 | First Time Home Buyer, Purchases, Qualifying |
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...
