by Renee Wynter | Dec 5, 2018 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion is moderating largely as expected, but signs are emerging that trade...
by Renee Wynter | Nov 27, 2018 | Blog, Mortgage
Although it might not always be this straightforward, the question “Can I give someone the downpayment to buy my house?” presents itself in many different ways. And the answer to all of them is no, well… except in one circumstance, but we will get to...
by Renee Wynter | Nov 20, 2018 | Blog, Mortgage
Okay, so here we are… we have worked together to secure financing for your mortgage. You are getting a great rate, favourable terms that meet your mortgage goals, the lender is satisfied with all the supporting documents, we are broker complete, and the only...
by Renee Wynter | Nov 13, 2018 | Blog, Homeownership, Mortgage
Credit. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. When you borrow money to buy a house, you will be required to prove that you have a good history of managing your credit. But what...
by Renee Wynter | Nov 6, 2018 | Blog, Mortgage
As simple as porting your mortgage! Said by no one ever. The truth is, there is nothing simple about porting your mortgage. “Porting your mortgage” involves transferring the remainder of your existing mortgage term, outstanding principal balance, and...
