Are you thinking about buying a home in 2023? You're not alone. While the process may seem daunting, there are many things buyers can do to give themselves an edge. Here are five tips to obtain a mortgage. 1. Understand your budget: Living expenses go far...
1. Is this rate hike going to change my payments? That depends on your mortgage. Existing fixed rate mortgages will not be impacted. Some variable mortgages have set payments, and some do not, meaning some may increase - though not all do - depending on the...
March 23, 2022 by Julia Weaver | This article is originally from Redfin Let’s imagine you’ve been preapproved for a mortgage and your offer is accepted for a home that has everything you’re looking for. The house is within your budget, has the perfect number of...
This article is originally from the Montréal Gazette. Over the last few years, real estate has become one of the best-performing asset classes, and this has mainly been driven by multi-residential buildings. Whether you’re looking for long term appreciation in the building’s value, or passive income...
This article is originally from the Montréal Gazette. For most Canadians, buying their first home means taking on the largest transaction of their lives, typically in the form of obtaining a mortgage. The world of home financing can be somewhat intimidating for first time buyers, as...
For many Canadians, deciding to purchase property entails a multidecade financial commitment. In fact, it’s often the largest one people will make in their lifetime. While spreading the cost of real estate over several years is an effective way to make the purchase more affordable,...
Navigating the market: How to mitigate delays in commercial lendingMegan Martin If you’re a real estate investor in the Montreal market, or are considering the purchase of your first multi-residential property, there are certain market conditions to take note of. Primarily, in an industry where timing...
For most people, buying a home means taking on the largest financial commitment of your life. The stress involved can be quite significant, especially for first time buyers who have never gone through the process before. One of the biggest decisions buyers must make is...
Buying your first home can be a daunting experience under normal circumstances. Now with market conditions favouring sellers and logistical complications with COVID19, the process of finding the right home can seem all the more complex. Thankfully, proper planning and solid advice can help ensure...
Given current conditions in the mortgage lending environment, there are many reasons to look into refinancing, even for those whose mortgages aren’t imminently up for renewal. Unsurprisingly, COVID-19 is a substantial factor at play in people’s decision to refinance. Beyond the lifestyle changes associated with living...
