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 | Nov 4, 2024 | Refinance |
With the Bank of Canada cutting its overnight rate four times this year—one jumbo 50 bps cut and three 25 basis points cuts—and more cuts expected in December and through 2025, homeowners in Brampton, Toronto, and the GTA are presented with a unique window of...
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 | May 2, 2023 | Refinance |
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...
by Rakhi Madan | Feb 2, 2023 | Purchases, Refinance, Tips |
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...
