9 Nov

Renewing Your Mortgage.

General

Posted by: Daniel Duncan

Renewing Your Mortgage. Did you know? Close to 70 percent of mortgages never make it to the end of their term! This means that, for a variety of reasons, homeowners are ending their mortgages early. However, that still leaves a solid 30 percent of home buyers who keep their mortgage until the term is up […]

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10 Sep

Choosing Your Mortgage Broker.

General

Posted by: Daniel Duncan

    Choosing Your Mortgage Broker. There is a little doubt that the biggest purchase of your life will be your home. When embarking on your homeownership journey, having the right support and information will make all the difference. Fortunately, a mortgage broker can help! With access to more than 230 lending institutions including big […]

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27 Aug

The Bank of Canada’s Monetary Policy Report and its Impact on You.

General

Posted by: Daniel Duncan

The Bank of Canada’s Monetary Policy Report and its Impact on You. The Bank of Canada (BoC) released its latest Monetary Policy Report (MPR) last week, and the outlook is optimistic. With the economy re-opening, vaccinations on the rise, and supply chains finding relief from the bottleneck they’ve experienced, the future looks promising. What impact […]

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28 Jul

The Top 7 Misconceptions About Reverse Mortgages.

General

Posted by: Daniel Duncan

The Top 7 Misconceptions About Reverse Mortgages How much do you really know about reverse mortgages? Maybe you know that reverse mortgages can help Canadians 55+ access the equity in their home, tax-free. Maybe you know that tens of thousands of Canadians are using a reverse mortgage as part of their financial plan. But did […]

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22 Jul

The Mortgage Financing Process.

General

Posted by: Daniel Duncan

The Mortgage Financing Process. The number one question for any potential homebuyer or someone new to the mortgage process is “what does this process entail?”. The following is a simple outline to give you an idea of the process and help you understand what to expect as you embark on your home buying journey! STEP […]

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5 Jul

Getting the Down Payment Down.

General

Posted by: Daniel Duncan

Getting the Down Payment Down. A down payment is one of the most essential aspects of every mortgage application and new home purchase. In Canada, home purchases require a minimum cash payment from your own funds that is put towards the purchase. This is your down payment and is considered your stake in the deal. […]

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14 Jun

5 Approval Roadblocks.

General

Posted by: Daniel Duncan

5 Approval Roadblocks. When in the process of buying a home, there is nothing worse than having your mortgage broker or lawyer call and say “there is a problem”. If you have found your dream home and negotiated a fair price, which was accepted, and you have supplied all the documentation to your broker, you […]

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11 May

25 Secrets Your Banker Doesn’t Want You to Know.

General

Posted by: Daniel Duncan

25 Secrets Your Banker Doesn’t Want You to Know. Twenty-five or thirty years can sound like an impossibly long time to service a loan – and for many of us, it is. If you are looking to pay off your mortgage faster, here are some tried-and-true tactics to get you to financial freedom that much […]

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29 Apr

Making The Grade: Common Myths About Credit Scores.

General

Posted by: Daniel Duncan

Making The Grade: Common Myths About Credit Scores. How is your credit score calculated? It is a complex answer and, as such, common myths persist. Today, we are going to help you get a better understanding of your credit score and how to make the grade by busting the most common credit score myths! MYTH […]

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19 Apr

Market Smarts: Home Buying Guide

General

Posted by: Daniel Duncan

Market Smarts: Home Buying Guide. The Canada Mortgage and Housing Corporation (CMHC) is one of Canada’s three mortgage insurers. Beyond insuring mortgage, CMHC also offers consumer guidance in the form of a unique step-by-step guide for home buying Canada, which the organization has dubbed the “roadmap” to home ownership. The 27-page guide, Homebuying Step By […]

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