17 Apr

Reverse Mortgages – Myths

General

Posted by: Robin Klassen

The Top 7 Misconceptions About Reverse Mortgages How much do you really know about reverse mortgages? Maybe you know that reverse mortgages can help Canadians 55+ access the equity in their home, tax-free. Maybe you know that tens of thousands of Canadians are using a reverse mortgage as part of their financial plan. But did […]

Read More
7 Apr

3 steps

General

Posted by: Robin Klassen

  3 STEPS TO TAKE YOU FROM PRE-APPROVAL TO GETTING THE KEYS Picture this: You’ve finally been able to put away enough for a down-payment on your dream home. It’s taken you five years of diligent saving, but you did it! You have also been diligently working on improving your credit score and paying off […]

Read More
1 Apr

Why Interest Rates are Rising

General

Posted by: Robin Klassen

30 MAR 2020 WHY ARE MORTGAGE RATES RISING? Why Are Mortgage Rates Rising? Over the past month, the Bank of Canada has lowered its overnight rate by a whopping 1.5 percentage points to a mere 0.25%. Many people expected mortgage rates to fall equivalently. The banks have reduced prime rates by the full 150 basis […]

Read More
23 Mar

5 Mistakes FTHB should avoid

General

Posted by: Robin Klassen

  5 MISTAKES FIRST TIME HOME BUYERS SHOULD AVOID Buying a home might just be the biggest purchase of your life—it’s important to do your homework before jumping in! We have outlined the 5 mistakes first time homebuyers commonly make, and how you can avoid them and look like a Home Buying Champ. 1. Shopping […]

Read More
18 Mar

Mortgages 101 – What You Need to Know about Mortgages

General

Posted by: Robin Klassen

Mortgages 101 – What You Need to Know about Mortgages Mortgage [ˈmôrɡij] NOUN With a residential mortgage, a home buyer pledges his or her house to the bank. The bank has a claim on the house should the home buyer default on paying the mortgage. In the case of a foreclosure, the bank may evict […]

Read More
11 Mar

6 Things all Co-signors should consider

General

Posted by: Robin Klassen

6 Things all Co-signors should consider Co-signing on a loan may seem like an easy way to help a loved one (child, family member, friend, etc. ) live out their dream of owning a home. In today’s market conditions, a co-signor can offer a solution to overcome the high market prices and stress testing measure. […]

Read More