Uncategorized

Starting June 1, 2021, the qualifying rate used to “stress test” your ability to afford a mortgage now and in the future has increased from 4.79% to 5.25% (or the contract rate plus 2%, whichever is higher) on pretty much all mortgages no matter the down payment or equity! According to Ratehub.ca’s calculations, “a household …

Mortgage Qualifying & Stress Test Changes Read More »

That back in the day, employee benefits were something “nice” to have and were a way for companies to keep their employees around. Now, we’re seeing more companies updating their employee benefits every year, or even every few months. This is because employees are starting to consider their benefits when looking for jobs. Why? Because …

Fun Fact Friday Read More »

While you wait, we highly recommend taking some time to prepare for our call. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀Here’s what we ask of you:⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀✔️ Complete our online application. This will give US an introduction to YOU, as well as what your financial goals are.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀✔️ Come prepared with your own questions. While we can answer any questions you have about …

Before Your Consultation Read More »

Buying or leasing any property – especially if it’s residential or commercial – requires a series of steps that can take time, preparation of documents and some understanding of the process. This means you need to be aware of the steps needed to secure the right approvals. Expect the Process to Take Time Finding the …

5 Steps to Understanding the Commercial Mortgage Process Read More »

Hot real estate markets can be hard, no matter which stage of the process you’re in. Buyers will compete against each other, and they are tempted to spend more than they really want to. If you’re struggling with the cost and commitment of finding the right home, take the time to rethink what owning a …

Options For When Homeownership Seems Out Of Reach Read More »

Existing Variable Rate Borrower⠀⠀⠀⠀⠀⠀⠀We suggest leaving your rate alone and if you are able to, up your monthly payment to help pay down that interest!⠀⠀⠀⠀⠀⠀⠀⠀⠀Existing Fixed Rate Borrower⠀⠀Rates are still fluctuating a lot and penalties to break an existing fixed term might be high but worth having a discussion with us if your rate is …

What Should You Be Planning With Your Mortgage Read More »