The Bank of Canada raised its key lending rate by 0.50% today. This is the 6th consecutive increase by the Bank of Canada and means most lenders will raise their prime rate to 5.95% This is an increase of $26 for every $100,000 of your mortgage. We are in unprecedented times with persistent inflation that […]
House Flipping: The Five Biggest Mistakes Investors Make
With the recent market shifts, investors may be tempted to buy a home at a reduced rate with the intention of flipping the house. This can be an exciting proposition and an excellent way to turn a profit, but if you are not an experienced investor, there are a few things you need to know […]
Relocating? This is what you need to know!
Is your employer asking you to relocate? If so, we can help. You can still qualify for a mortgage – let me tell you how to do it!
Porting a Mortgage: What you Need to Know
Porting your mortgage is a great thing but did you know that you have to re-qualify at the current rates? Let me break it down for you!