by Mike Horvath | Sep 7, 2021 | Mortgage Basics, Mortgage Rates
What May Happen if You Miss a Mortgage Payment? For the majority of mortgage borrowers, missing a single mortgage payment is not a concern. But have you ever wondered what would happen if, for some reason, you couldn’t make your payment? Below I’m going to share with... by Mike Horvath | Aug 4, 2021 | Mortgage Basics, Mortgage Rates
Mortgage Pre-Approvals: What Are They, and Do You Need One? There’s a common misconception among some homebuyers that if you’ve got a pre-approval, your mortgage is basically guaranteed. But this isn’t always the case. Having a pre-approval doesn’t automatically mean... by Mike Horvath | Jul 6, 2021 | Mortgage Basics, Mortgage Rates
Fixed or Variable? With Rates Potentially Set to Rise, Which Option is Best for You? Should you stick with the stability of a fixed mortgage rate or opt for a variable? It’s one of the most difficult decisions faced by new homebuyers and homeowners who are renewing or... by Mike Horvath | May 6, 2021 | Mortgage Basics, Mortgage Rates
Shopping For A Mortgage? A Stricter Stress Test Is Likely On The Way If you’re in the market for a mortgage over the next several months, you’ll want to read on. Several new mortgage changes are coming down the pipeline that could affect your ability to qualify for a... by Mike Horvath | Jan 5, 2021 | Mortgage Basics, Mortgage News, Mortgage Rates
Earlier this year, the Canada Mortgage and Housing Corporation made a now-infamous prediction that home prices would fall by up to 18% over the course of 2020 and into 2021. Instead, prices have since risen by approximately 22% to $603,000, as of November. That... by Mike Horvath | Nov 9, 2020 | Mortgage Basics, Mortgage Rates
It’s the classic rate decision many mortgage shoppers are faced with. And it’s only been made more complicated since the start of the pandemic. Towards the latter half of 2019, variable rates were flying off the shelves with rates as low as prime – 1%. A lot has... 
