As of April 1st, First Time Home Buyers in Canada will have a new tool to help them save for the down payment for a home purchase. The First Home Savings plan or FHSA (First Home Savings Account) as it will be known, is a registered savings plan that will be administered by qualified, participating […]
Given that your home purchase and the subsequent mortgage used to finance the purchase are often the largest investment a person will make in their lifetime, people usually only focus on the interest rate and the term. As your St Thomas mortgage broker, obtaining a low interest rate for our clients is always an important […]
As a St Thomas mortgage broker, we often get asked “when is the best time to refinance my mortgage?” Like many questions, there is not always an easy answer. The answer will depend on many factors that are unique to your situation. Are you up for renewal? Everything being equal the best time to refinance […]
Goodbye Summer and hello Fall! The fall season is a great time to become a homeowner because you do not have to worry about all the competition associated with a purchasing a house in the peak spring season. This means you have time to look at different properties and not feel pressured to make […]