This month, I’m going to be focusing on all you need to know about separations and divorces. I know it can be an uncomfortable or scary topic to discuss, but the reality is that separations happen. You are not alone during this difficult time and I am always here to help, with more than just […]
It’s official – the Benchmark Qualifying Rate is increasing to 5.25% starting tomorrow, June 1st. If you’re looking to purchase or refinance now is the time to talk to a mortgage broker. We’re here to help!
To say I’m grateful is an understatement. Having the privilege and the honour to work with so many people and so many families during the past 14 years of brokering, is a gift that I have not taken for granted. This industry is not easy. The constant changes in policies, the craziness of our housing […]
We’ve talked about why you should work with a mortgage broker over a bank, but there are a lot of brokers out there… so how do you pick the right one to work with? I thought I would take a moment to introduce myself and talk a bit about what sets Gail Sylvester Mortgages a […]
Over the last 10 years, we’ve seen almost 170 different mortgage rule changes. If that doesn’t say talk to an expert, I don’t know what does… The latest proposed change is looking like it will be increasing the benchmark qualifying rate, which means, this is a higher interest rate that you must qualify at when […]
Are you self-employed and have you had your mortgage application declined by your bank since you don’t show enough income? It can be more difficult to be approved by a major bank when you’re self-employed because mortgages rely so heavily on income. But don’t panic! I am here to help You! I’m a bit of […]
The housing market is HOT right now. Prices are high, interest rates are low, and houses are selling quickly. We’re also seeing a record number of properties still being sold well above their listing price. If you take a look around your neighbourhood you’ll probably notice that the recently sold house on the corner now […]
What is a credit score? How are they calculated? What do they mean?! I’m here to help you figure this all out and hopefully by understanding how your credit score is calculated, we can start to improve or rebuild your credit! Credit scores take time to improve, as they are only updated once a month. […]
It’s no secret property values have increased over the last year. It’s also no secret that mortgage rates have decreased too. Is now a good time to refinance your mortgage too? Let’s chat and find out what option is best for You and Your family ! I’m just a phone call away …
Today we’re talking a bit more about Fixed Rate Mortgages. This can be a great option for people who are nervous about interest rate fluctuation and need the stability of a fixed rate! There are pros and cons to both fixed and variable rates, it just comes down to what will work best for you […]
