One of the first big decisions prospective homebuyers face is how they plan to obtain their mortgage. Should they work with their bank, go direct-to-lender or choose a mortgage broker? As a mortgage professional, you can probably assume the option I would...
If you are currently in the market for a mortgage, you should be familiar with the term “mortgage default insurance.” For those who aren’t or if you need a bit of a refresher, I’m going to outline some of the basics about mortgage default insurance and how...
Some people think that the only time to reach out to a mortgage broker is when they’re in the market for a new house. But as you’ll see below, mortgage brokers can assist you with a variety of financing needs at every stage of your (adult) life. In 2023,...
The longer days and warmer temperatures of spring herald an awakening not only in nature, but typically also in the country’s housing market. And with housing inventory being tighter than normal, a newly listed property is sure to generate some interest....
If you’re a first-time buyer (or know somebody who is), you may be interested in knowing more about Canada’s brand new Tax-Free First Home Savings Account, of FHSA for short. The FHSA will let you save up to $8,000 tax-free annually—up to a $40,000...
With 2022 now in our rear-view mirror, it’s time to look ahead at what the coming year may have in store. I think it’s fair to say 2022 is a year many of us won’t soon forget. It was a year that started with Canadian house prices reaching their highest...
