Securing a mortgage in today’s market can be more complex than it used to be. With interest rate increases and rising purchase prices, getting a mortgage can present some obstacles to overcome. Even with a stable salary and good standing credit, some clients still need to engage a guarantor or a co-signer to get pre-approved […]
How much down payment do you need for a second property? 20%, 10%, 5%? Let me break it down for you! Let’s chat about how this affects you – contact me chatwithgail.ca
We have great news to share! The Bank of Canada didn’t make any changes to the rates in the announcement today. What does this mean? Based on today’s announcement, this means there will be no immediate changes to your mortgage. If you want to chat about your particular mortgage, book a time with me at […]
Are your finances in need of a check-up? Doing a financial check-in is important to make sure you are on track to meet your goals. Book a call, and let’s chat about what is best for you! Book today chatwithgail.ca
I’d love to hear the story of your first mortgage! Let me know what you wish you knew before you signed the dotted line.
Does a $500/month car payment affect your mortgage application? You bet! This is what you need to know! If you have questions book a call with me today – chatwithgail.ca
Your money mindset and relationship to money will significantly influence your financial decisions. The goal at Gail Sylvester Mortgages is always to make sure you sleep well at night by making calculated decisions that get you one step closer to your financial goals. If your financial decisions and payments are keeping you up, it is […]
During the holiday season, it is tempting to throw caution to the wind and spend money on gifts, gatherings, and entertainment with the I’ll deal with it in January attitude. Spending without a budget can be fun in the moment, but when January rolls around and the bills start to come in, it can be […]
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 […]
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!