Mortgage Blog
Making Sure your Mortgage Fits
Breaking Down the Math and Potential Opportunities
October 13, 2022 | Posted by: Simon Lyn
Breaking Down the Math and Potential Opportunities You’ve probably dreamt of the day your mortgage is finally paid off and you don’t have to pay anymore interest. Perhaps you’re us ...
read moreBank of Canada Increased Overnight Rate
September 8, 2022 | Posted by: Simon Lyn
I am sure all of you have seen the news of the Bank of Canada increasing the overnight rate by .75% to a total 3.25%.What does this mean for you?If you have a static variable rate mortgage product (i. ...
read moreThree Ways for Families to Get into GTA Real Estate
August 23, 2022 | Posted by: Simon Lyn
Three Ways for Families to Get into GTA Real Estate The GTA real estate market is hotter than ever before. With prices soaring year-over-year, affordability is getting out of reach for many Canadians ...
read moreMortgage Renewals
June 7, 2022 | Posted by: Simon Lyn
Why It’s Worth Using a Mortgage Broker When Renewing Your Mortgage Connecting with a mortgage broker before renewing your mortgage will help you understand your options so you can make the most ...
read moreTHE OVERNIGHT RATE HAS INCREASED THIS MORNING
June 1, 2022 | Posted by: Simon Lyn
This morning at 10am the Bank of Canada (BoC) increased it's overnight lending rate by 0.5%, which was well anticipated. Here is what this means for your variable rate mortgage and/or home equit ...
read moreShould you go with a fixed or variable mortgage rate?
April 11, 2022 | Posted by: Simon Lyn
For any new home owner, deciding between a variable versus fixed rate is one of the biggest, and sometimes most nerve wracking, choices a borrower will make about their mortgage. That’s because ...
read more3 Simple Ways to Repair Your Credit
April 2, 2020 | Posted by: Simon Lyn
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, i ...
read moreFirst Time Home Buyers Guide: What Happens after Sending an Offer to Purchase
March 26, 2020 | Posted by: Simon Lyn
After sending the offer to purchase to the seller, there's nothing left to do but cross some fingers and hope for the best. Or is there? What happens now and when will the keys finally change hands? T ...
read moreFirst Time Home Buyers Guide: What about Pre-Qualification, Pre-Approval, and Mortgage Commitment Letters?
March 19, 2020 | Posted by: Simon Lyn
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 ...
read moreThree Mistakes to Avoid as a First Time Homebuyer
March 12, 2020 | Posted by: Simon Lyn
Purchasing your first home is always an exciting life milestone. However, if you want to make a smooth and easy transition into home ownership, there are a few mistakes you should try to avoid along ...
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