Need a mortgage but worried about if you’ll qualify or not? It may be difficult to obtain a mortgage, but for certain borrowers having established companies, bank statements or reference letters may be sufficient to get approved for a mortgage....
Canadians work hard to afford a home. However, the high cost of mortgage payments remains a barrier to homeownership, particularly among Millennials and Generation Z. To assist more Canadians, particularly younger generations, in acquiring their first home, new mortgage laws...
On September 4, 2024, the Bank of Canada (BoC) announced a 0.25% reduction in the overnight lending rate, marking its third consecutive cut this year to bring inflation down to 2%. This change will greatly affect new homebuyers and current...
Do you have a home purchase mortgage on your property and planning to move? Even though your mortgage contract is not complete, you can still move without having to pay off your existing mortgage completely. In fact, you have a...
New to Canada? Planning to buy your first home? The goal of becoming a homeowner seems to be becoming more and more unattainable for young Canadians with the allowance of 30 years amortization period on brand new home purchases.Over the...
In the homeownership journey, navigating the complex world of mortgages can be daunting. From understanding various loan options to finding the best deals, it's easy to feel overwhelmed. This is where a Surrey mortgage broker steps in to simplify the process...
Are you planning to apply for a home equity loan? If yes, you must need to know the uses as well as benefits of this loan type. There are two primary types of loans available when you need credit: one...