Mortgage Blog

Some great tips to help you save for a home

June 13, 2023 | Posted by: Sufwan Atiyat

A home for most all Canadians is likely the most significant purchase you will make in your lifetime, so it is essential to be well-prepared. It is crucial to understand how to budget and save for ...

Renewing in a higher rate environment

June 9, 2023 | Posted by: Sufwan Atiyat

I've been getting a lot of questions lately about mortgage renewals – not surprising, given the steady rise of mortgage rates over the last couple of years. People with mortgages renewing in 2023 an ...

Bank Of Canada Rate Update June 7, 2023

June 7, 2023 | Posted by: Sufwan Atiyat

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the ...

Strategies for Speeding Up Mortgage Repayment

June 3, 2023 | Posted by: Sufwan Atiyat

Those of us who desire to own a home often long for the time when our mortgage is paid off. Although the majority of Canadian mortgages are usually amortized over the course of 25 years, there are a ...

Benefits of Buying a New Home in the Summer

May 17, 2023 | Posted by: Sufwan Atiyat

Summertime brings sunny days, warm weather, and an ideal opportunity for house hunting. If you're considering buying a new home, the summer months offer several advantages worth considering. In this ...

Learning about the new First Home Savings Account (FHSA) program

May 15, 2023 | Posted by: Sufwan Atiyat

With the market starting to stabilize, and in many markets housing prices starting to rise again, maybe you or someone you know is looking at purchasing their first home before home prices rise too mu ...

First-Time Home Buyer Budgeting: What You Need to Know

April 20, 2023 | Posted by: Sufwan Atiyat

As a first-time home buyer, budgeting is an essential part of the home buying process. By carefully planning your finances and considering all of the costs associated with purchasing a home, you can e ...

Bank Of Canada Rate Update April 12, 2023

April 12, 2023 | Posted by: Sufwan Atiyat

Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4. ...

What first-time homebuyers can expect with the new tax-free First Home Savings Account

April 5, 2023 | Posted by: Sufwan Atiyat

Since it was proposed in the 2022 Federal Budget, we've learned more details about this exciting new program aimed at helping first-time homebuyers purchase a home. The bill is ...

5 Things NOT to do When Selling Your Home

March 16, 2023 | Posted by: Sufwan Atiyat

The process of selling a residential property can be time-consuming and emotionally involving, especially if it is your first sale. While your home's curb appeal influences a prospective buyer's poten ...

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