Mortgage Insurance Myths
Whether you’re trying to obtain a Calgary mortgage or a Toronto mortgage, if you don’t have at least a 20 per cent down payment, you’re going to have to find a way to pay for mortgage insurance. This insurance, especially the major provider in Canada – CMHC – has been under a lot of fire…
Read moreWhen Buying Investment Property, is it Better to be Young?
Ask anyone over the age of 55 and they’ll likely be able to give you a long list of things that were better when they were young. But, is buying investment property one of them? While investing in real estate is always a much better option than buying stocks, bonds or mutual funds (especially in…
Read moreMore News on Boomers and the Housing Market
Back in September we talked about the Canadian Press report that showed some of the dramatic changes the Baby Boomers will be making on the housing market in the years to come. Now, the Canada Mortgage and Housing Corporation has come out with a report of their own, looking at the same stats for Baby…
Read moreWhat Happens if a Co-Signer Passes Away?
No one wants to think about one of their loved ones passing away. But if you’re going to need a co-signer on your mortgage, or you want to be a co-signer on someone’s mortgage, it might be something you need to think about, especially if the co-signer is an older person. So, what does happen…
Read moreBefore Becoming a Landlord, get Your Own Home in Shape First
“There’s been a lot of talk about rental properties lately and it’s no wonder why. With the rental market getting hotter by the day, and prices continuing to increase on the housing market, a lot of people are finding renting a better option. And while for the moment, renters can rejoice and enjoy being on…
Read moreDo Women Get a Worse Deal on Their Mortgages?
“True, speaking in general terms, it’s probably safe to say that women usually enjoy shopping more than men. But that doesn’t seem to be the case when it comes to their mortgages, and it could be costing them a bundle throughout the term of their mortgage. The information comes from a new study published by…
Read moreNew Rental Guidelines Leave Tenants Pleased, Landlords Angry
“Vancouver was the first to see it; and now, a long line of rental shortages is happening all across the country. One reason for this is because of the good conditions in the housing market. As home prices continue to rise, more and more people are finding renting a more viable and affordable option. The…
Read moreContact Us
Contact us today to set up an appointment.