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... by Mike Horvath | Oct 16, 2020 | Mortgage Basics, Mortgage News
When the pandemic hit Canada in March, and we were asked to stay at home, and that all but essential services remain open, many were concerned about how they were going to pay the bills, including their mortgages. To their credit, lenders and mortgage insurers stepped... by Mike Horvath | Sep 14, 2020 | Buying and Selling, Mortgage Basics
With COVID-19 challenges that include layoffs and deferred mortgage payments, getting a mortgage may be a bit tougher for some, whether it’s for a first home, or refinancing to consolidate debt, or simply renewing your existing mortgage with a new lender to take... by Amy Coburn | Sep 27, 2019 | Buying and Selling, First Time Home Buyers, Mortgage Basics
Here are some tips for anyone that has been approved for a mortgage. Once you have been approved and provided all of your supporting documents to your mortgage broker there are some guidelines to follow to ensure that you do not run into any problems with your... by Amy Coburn | Jul 26, 2019 | About Rates, Mortgage Basics
The age-old question…do I go variable or fixed? Fixed mortgage rates are more popular and represent about 70% of all mortgages in Canada. With a fixed rate mortgage, you can “set it and forget it” as you are protected against interest rate fluctuations, so your... by Amy Coburn | Jun 3, 2019 | Mortgage Basics
Do you want to reduce your monthly mortgage payments, get cash from your home equity, or get a better rate on your mortgage? It may be time to think about refinancing your mortgage. A 2018 study found that 47 percent of Canadians may need to take on more debt to pay... 
