The Bank of Canada raised its key lending rate by 0.50% today. This is the 7th consecutive increase by the Bank of Canada and means most lenders will raise their prime rate to 6.45% 💰What does this mean for you? Let’s review our short video. While the lending rates are changing, there are always options […]
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 […]
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 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!
What do you know and what do you need to know about mortgage penalties? Let’s discuss! The one thing I encourage is you learn all your options despite the penalties before you make any decisions.
As a first-time home buyer are you confused about the market and interest rate changes? I would be too! This is what you need to know.
The Bank of Canada raised its key lending rate by 0.75% today. This means most lenders will raise their prime rate to 5.45%. Watch the video below to learn how this will affect your mortgage. Now more than ever, it’s important to have a solid mortgage advisor to help you navigate the complexities of the […]
What is currently happening with the mortgage stress test and how does it affect you? Let me break it down for you!
Do you have kids under the age of 15? If so, I have good news! There are many sources of income that can help you qualify for a mortgage and the Child Tax Benefit is one of those sources. If you receive this benefit let’s talk about how it can help you! At Gail Sylvester […]
Do you know where you are spending your dollars? Creating a budget that covers your fixed expenses will allow you to know your disposable income and make adjustments if necessary. Watch for tips on how to take control of your finances!
