Is the stress test keeping you from a great opportunity? 

by Rakhi Madan | Oct 5, 2022 | First Time Home Buyer, Purchases, Qualifying, Refinance, Renewal | 0 comments

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 part of the mortgage qualifying “stress...

Why a Mortgage Broker is the smart choice during uncertain times

by Rakhi Madan | Sep 8, 2022 | Purchases, Refinance, Renewal, Tips | 0 comments

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...

Important Tips To Keep Your Credit Strong

by Rakhi Madan | Jun 3, 2022 | Credit, Purchases, Refinance, Renewal | 0 comments

Yes, we are in uncertain times. The recent .5% increase to the Bank of Canada overnight rate was expected but each increase can be unsettling, even though we haven’t yet reached pre-pandemic levels. While many in Brampton, Toronto and the GTA are viewing our current...

Five Ways To Beat An Increasingly Tougher Stress Test

by Rakhi Madan | May 3, 2022 | First Time Home Buyer, Purchases, Qualifying, Refinance | 0 comments

For homebuyers and owners in Brampton, Toronto and the GTA, the last two Bank of Canada rate announcements have been quite the wake-up call after two years of historically low pandemic rates. We knew it was coming and we prepare the best we can, but it always does...

What’s in store for Spring Market 2022?

by Rakhi Madan | Feb 16, 2022 | Purchases, Refinance, Renewal | 0 comments

These are interesting times for all of us in Brampton, Toronto and the GTA as we head into the always busy spring market, a time when many look to buy, renew their mortgage, or put equity to work. We’re in an environment of rising inflation, ongoing supply chain...

Getting ready for higher rates

by Rakhi Madan | Dec 2, 2021 | Purchases, Refinance, Renewal, Tips | 0 comments

Homeowners and homebuyers in Brampton, Toronto and the GTA are hearing in the news that inflation is a major concern and will lead to higher rates. Please stay away from the fear mongering and get in touch if you have concerns. Yes, there are inflationary pressures,...