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Ontario Properties: Guide For Foreign Buyers
Posted January 07, 2021
In a strange twist in Canadian mortgage markets borrowers who lock into fixed mortgage rates now can secure lower interest rates than those opting for variable rates of interest.
Approval: How Long It Takes and Other Frequently Asked Questions
Posted January 07, 2021
In a strange twist in Canadian mortgage markets borrowers who lock into fixed mortgage rates now can secure lower interest rates than those opting for variable rates of interest.
Home appraisals during Coronavirus pandemic: what to expect
Posted January 07, 2021
In a strange twist in Canadian mortgage markets borrowers who lock into fixed mortgage rates now can secure lower interest rates than those opting for variable rates of interest.
Ways to Register Mortgage in Ontario
Posted January 06, 2021
In a strange twist in Canadian mortgage markets borrowers who lock into fixed mortgage rates now can secure lower interest rates than those opting for variable rates of interest.
What Can You Do to Get Out of Mortgage?
Posted January 06, 2021
In a strange twist in Canadian mortgage markets borrowers who lock into fixed mortgage rates now can secure lower interest rates than those opting for variable rates of interest.
Fixed vs Variable Rates and Their Reaction to Bond Yield Inversion
Posted September 09, 2019
In a strange twist in Canadian mortgage markets borrowers who lock into fixed mortgage rates now can secure lower interest rates than those opting for variable rates of interest.
Reasons for the Fed Rate Cut and How It Will Affect Canada
Posted September 07, 2019
For the first time since the global financial crisis of 2007-2008 the Federal Reserve cut US interest rates at the end of July. The announcement followed President Donald Trump’s unexpected...
Understanding the Rules of Engagement for Non-Residents in the Canadian Property Market
Posted August 21, 2019
Unlike many other countries, Canada allows people from all over the world to buy property in their country. They apply no restrictions to the type or the amount of property that that non-residents can buy. However, the rules for borrowing money to buy that property are somewhat different between residents and non-residents. Who Is a...
Pre-Approved Mortgages – the Process and Benefits
Posted August 18, 2019
Even though pre-approvals offer no guarantees when circumstances change, realtors prefer their clients to have one before they start the search for a new home. In Canada pre-approval follows a process of whereby the mortgage lender screens the client to determine his ability to make repayments against a mortgage. The outcome is an estimate of...