How to Avoid Mortgage Fraud Mortgage fraud has been a growing concern in the industry for several years. Equifax stated that suspected fraudulent mortgage applications have increased by 52% in Canada since 2013. Rules and guidelines in the mortgage industry have become more complex leading to increased diligence among lenders and brokers. The mortgage stress… Read More »How To Avoid Mortgage Fraud
4 Tips to Help Manage Your Mortgage Getting a mortgage is a huge financial decision. It is typically the largest form of debt that people will take on in their lifetime. A loan of this magnitude can become a source of some financial stress and anxiety for a lot of people. Luckily, there are ways to reduce or… Read More »4 Tips to Help Manage Your Mortgage
How House Prices Will Change in 2022 The prices of homes across Canada have eased since March, but prices are expected to continue rising into 2022. The continuous rise in prices is due to a high demand coupled with a lack of supply. The average price of a home in Canada in August was $663,500… Read More »How House Prices Will Change in 2022
Buying your first house is an exciting and often overwhelming experience. This financial investment is serious, and you want to make sure you are well prepared. Here are 5 tips for first-time homebuyers.
Should you Buy Now? Trying to time your house purchase around forecasts of varying opinions could prove to be a tiring endeavor. The Canadian housing market is seeing record low interest rates. This is beneficial for homeowners looking for lower monthly mortgage payments and provides buyers an opportunity for larger budgets.