Why you should consider buying now and getting ahead of the market correction: Rates are going up. Fast. Why? 5 year fixed rates are up about 1.25% since last year this time. The Federal Government. They have taken steps in attempt to regulate our housing market in the last few years. Toronto and Vancouver housing […]

Pot is Legal: Now What?   As we all know, recreational marijuana is now legal in Canada. The law is set, but implementation and how policies and guidelines will impact our industry are yet to be determined. Generally, 30 grams for personal possession, basically an ounce baggie for those who might relate and up to […]

VANCOUVER, Sept. 5, 2018 /CNW/ – As expected, the Bank of Canada held its key overnight rate this morning at 1.5%, asserting that July’s surprising spike in CPI inflation to 3% was in large part because of a jump in airfares. The Bank expects inflation to move back towards 2% in early 2019, as the effects of past increases in […]

By Karen Penner and Heather Hellings Welcome to Canada! Canada is made up of hundreds of thousands of people and some did not start in Canada but have made it their home. Buying a home, especially when you are new to Canada can be mind boggling, BUT, we have a mortgage for you! The New […]

Reason #10 To Use a Mortgage Broker: Money Everyone always wants the best interest rate, that’s a given, and yes, often a mortgage broker can actually get you a better rate from your very own bank than you can. Mortgage brokers also have access to a very large pool of lenders that cannot be accessed […]

Reason #9 To Consult a Mortgage Broker: Ongoing Service Commitment Once a broker places a mortgage for a client, you are a client for the life of that mortgage! Mortgage brokers encourage clients to call us at any time for advice on their existing mortgage, and we will keep the client up to date on […]

Reason #8: Understanding the Fine Print Obtaining a mortgage is a very paperwork intensive process. You will be initialing, signing, and waiving things like never before. A good mortgage broker will never tell you to just “sign here”.  We will educate you and make sure you understand everything you are signing, as a knowledgeable third […]

Reason #7: A-B-C Lending Solutions. We have relationships in place with a variety of lenders including major banks, trust companies, credit unions, monoline lenders,  alternative lenders and private lenders. Not everyone has a perfect application for an ‘A’ type mortgage product. For example, self employed individuals with lower taxable earnings or those with a bruised […]

Reason #6:  Options, Options, Options. A good mortgage broker has access to a variety of lenders and products to suit your needs. Everyone wants the best rate, but a good mortgage broker will help you choose your lender and mortgage product based on other factors as well as rates. A few of the other factors […]

Reason #4. Negotiation A Mortgage Professional represents the client and ensures the mortgage secured best suits their needs. A good mortgage broker is a savvy negotiator. Mortgage brokers are independent, trained professionals licensed to represent and provide the best advise for the clients’ mortgage needs. Mortgage brokers know where the best rates can be found, […]