Mortgage rates are at a historic low. If you’re thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning your home, a large percentage of your monthly mortgage payment actually goes toward… Read More »What should you consider when refinancing your mortgage?
It’s a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will explore some of the reasons you may want to… Read More »Should You Pay Off Your Mortgage Early?
Buying a home is always a big decision, but when you’re a first-time buyer it’s even more important to get it right. Without home-buying experience to draw on, it’s easy to make mistakes you could regret for years to come. Here’s what to avoid 1)… Read More »Real Estate 101: Essential Tips for First-Time Home Buyers
For the vast majority of home buyers, obtaining a mortgage will be a vital part of the purchasing process. Of course, in order to be approved for that mortgage, you will need to ensure that your credit score is in good shape. Luckily, there are… Read More »Real Estate: How to Boost Your Credit Score Before Buying Applying for a Mortgage
When you decide to take your first step on the property ladder, you will have plenty of property-types to choose from. Many buyers prefer to buy an existing single-family home, some want to buy a plot of land on which to build their house, while… Read More »Exploring the Pros and Cons of Purchasing a Condo
There are two options available when seeking a new home for your family. You can purchase a resale (meaning an older home that has already been lived in) or a new construction. While each choice provides a distinct set of pros and cons, purchasing a… Read More »10 Benefits of Buying a Newly Constructed House
It is the perennial question for every first-time homeowner. How much house can I afford? As with so many life-changing decisions, there is no one right answer to this common query, and the size of the home you buy, and the mortgage you take out,… Read More »How Much House Can You Afford? Ask Yourself These Critical Questions to Find Out
For many Canadians looking to purchase a home, bad credit scores stand in the way of getting a mortgage. Most lenders prefer your score to be 650 or higher. If they do allow for lower credit scores, it is typically because the interest ratings on… Read More »3 Simple Ways to Repair Your Credit
First Time Home Buyers Guide: What about Pre-Qualification, Pre-Approval, and Mortgage Commitment Letters?
Securing pre-qualification, pre-approval, and mortgage commitment letters can simplify the mortgage application process. These steps can also help home buyers avoid disaster. They don’t need all three, however. Mortgage Pre-Qualification and Buying a House Future home buyers can get pre-qualified for a home mortgage long… Read More »First Time Home Buyers Guide: What about Pre-Qualification, Pre-Approval, and Mortgage Commitment Letters?