Mortgage Blog

Mortgages to fit your life plan

Category: Mortgage (8 posts)

Low Rates in Ontario Helping Buyers Pay Off Their Mortgages at Record Pace

Low Rates in Ontario Helping Buyers Pay Off Their Mortgages at Record Pace

March 8, 2022 | Posted by: Brad Nemes

Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61% ...

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Risks of Putting Down a Firm Offer with a Pre-Approval Ontario

Risks of Putting Down a Firm Offer with a Pre-Approval Ontario

March 8, 2022 | Posted by: Brad Nemes

Risks of Putting Down a Firm Offer with a Pre-Approval Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you fin ...

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What Happens if You Lose Your Job Before Closing?

What Happens if You Lose Your Job Before Closing?

March 8, 2022 | Posted by: Brad Nemes

A job loss a few days or weeks prior to closing your home purchase can be distressing; especially when you have no alternative source of income. Getting a new job can ease the situation, but it's not ...

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How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in  Ontario

How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in Ontario

March 8, 2022 | Posted by: Brad Nemes

When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with ...

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Getting a Mortgage as a Student

Getting a Mortgage as a Student

March 7, 2022 | Posted by: Brad Nemes

Purchasing a home is most likely one of the most sizable purchases most of us will ever make and buying a home is a dream come true for most. For students, it may seem like this dream is forever out ...

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Bank Of Canada Rate Update Sept 8, 2021

Bank Of Canada Rate Update Sept 8, 2021

February 18, 2022 | Posted by: Brad Nemes

Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower boun ...

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Bank Of Canada Rate Update July 14, 2021

Bank Of Canada Rate Update July 14, 2021

February 11, 2022 | Posted by: Brad Nemes

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ per ...

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Bank Of Canada Rate Update June 9, 2021

Bank Of Canada Rate Update June 9, 2021

February 4, 2022 | Posted by: Brad Nemes

Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rat ...

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