by Mike Horvath | Sep 6, 2022 | Mortgage News, Mortgage Rates
How To Reduce Payment Shock At Mortgage Renewal Time By now, “trigger points” should be in the vocabulary of nearly every variable rate mortgage holder. There’s been a great deal of coverage lately about trigger points due to the rise in interest rates so far this... by Mike Horvath | Apr 20, 2021 | About Rates, Mortgage News
For the past year, soaring home prices and a desire for more space have sent homebuyers flocking beyond the suburbs and into beautiful cottage country. It’s a trend that is playing out right across the county, and one that’s expected to continue throughout 2021. High... by Mike Horvath | Mar 2, 2021 | Mortgage News, Mortgage Rates
Mortgage rates have spent the better part of the past year in near-freefall, with numerous terms setting fresh record lows. But a couple of weeks ago, rates pulled a U-turn and have been starting to climb higher ever since. And here’s why. Since the beginning of... 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 | 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 Amy Coburn | Sep 12, 2019 | Buying and Selling, First Time Home Buyers, Mortgage News, Uncategorized
On September 2, 2019 the federal government launched a new program called First-Time Home Buyer Incentive (FTHBI). The program is for interested first-time home buyers to help ease the carrying cost of a mortgage. The program offers buyers up to 10% of the purchase... 
