5 C’S OF CREDIT TO GET A MORTGAGE Whether you are buying your first home or have been a home owner for years, when you are looking at purchasing a property, finding the best mortgage solution for your specific situation can be an intimidating experience. Working with a licenced mortgage broker will ease that tension, […]

NEW YEAR, NEW WAYS TO MANAGE THAT HOLIDAY DEBT! We hope your holidays were spent warm, safe and in the company of family and loved ones. We also hope that you’re not drowning from all the holiday purchases such as the dinners, the appetizers, the gifts, the gift cards, the drinks, the party favors – […]

CANADIAN JOBLESS RATE FELL TO A 42-YEAR LOW IN NOVEMBER With so much bad news coming out about the economy, Statistics Canada this morning posted a blockbuster jobs report, mitigating worries about the health of the economy. Employment increased by a whopping 94,100 in November, led mostly by full-time jobs that were broadly based across […]

CANADIAN HOME SALES WEAKENED FURTHER IN NOVEMBER Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales dipped for the third consecutive month, down 2.3% from October to November and down a whopping 12.6% year-over-year. Transactions declined in just over half of all local markets, with lower activity in the […]

THE #1 MISCONCEPTION ABOUT MORTGAGE FINANCING! It is a reoccurring but common misconception that you will qualify for a mortgage in the future because you have qualified for a mortgage in the past. This is not accurate! Do. Not. Assume. Anything. Even if your financial situation has remained the same or has improved, securing mortgage […]

FIXED-RATE MORTGAGE: WHAT LENDERS YOU SHOULD DO IT WITH AND WHY 25-year amortization or 30 years? Insured or Uninsured? With an A Lender or B Lender? These are just a few of the questions people have to decide on when they are pursuing a mortgage. But the biggest question of all: Fixed Rate or Variable […]

  CANADIAN HOME SALES WEAKENED IN OCTOBER Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales declined for the second consecutive month in October, edging back by 1.6% month-over-month (m/m) and down 3.7% from year-ago levels. Year-over-year sales in October are now about in line with their 10-year monthly […]

PRE-APPROVED FOR YOUR MORTGAGE… WHAT DOES THAT REALLY MEAN? There is a myth out there that once you’re pre-approved for a mortgage, you’re good to go out and buy a home… with a no subject offer… DON’T do it! A pre-approval means that based on being able to PROVE (through documentation) your CURRENT income, expenses, […]

Growing cannabis at home? Let’s weed through those mortgage issues! As many of you already know, Canada just became the second country in the world to legalize marijuana for medical and recreational purposes. Of course, this historic moment in Canadian history has cannabis activists jumping for joy while others are not s-toked on the idea. […]

4 Reasons why Mortgage Brokers are Better than Banks I am often asked if it’s hard to compete with the banks. While they may offer competitive rates at times, right now we have much better rates than the banks. However, we have certain advantages which allow us to blow them out of the water most […]