Jun 22, 20231 minCanadian banks raise prime rate to 6.95% after Bank of Canada hikeCanadian banks announced they were raising their prime lending rates after the Bank of Canada surprised markets by hiking it benchmark...
Jun 15, 20233 minCanadians Brace For Higher Mortgage Rates After Bank of Canada HikeJUNE 7, 2023 Canada’s economy continues to outperform, despite rising interest rates. In response, the Bank of Canada (BoC) hiked its...
Nov 1, 20212 minWhat Kind of Income Can I Use to Qualify for a Mortgage?The short answer is: All kinds! The type of income used for qualifying will be based on several factors. Mainly it is based on specific...
Aug 11, 20213 minWhat Are My First Time Home Buyer Benefits?It is a common myth that your FTHB status impacts the minimum down payment requirements to purchase a property. The following breakdown...
May 31, 20211 min ANNOUNCING THE NEW WEBSITEWe are delighted to announce the launch of our new website! Our new website provides our existing and prospective clients a simple yet...
May 31, 20213 minTHE TRUTH ABOUT 5% DOWN PAYMENT MORTGAGESIt's true that lenders typically like to see a deposit of at least 20% of your property's purchase price. However, it is sometimes...