Our Hamilton mortgage broker team knows how big of a role that interest rates play in the financial market and lending costs. When interest rates are high, lenders have more incentive to provide homebuyers with the mortgages they need, because they profit from high-interest rates. Interest rates that are too high can negatively impact the […]
When you are looking to buy a home, your first step is finding a Hamilton mortgage broker. It can feel a bit overwhelming if you are doing this for the first time. There is a lot of information to take in and it’s important that you ask the right questions before you actually commit to […]
Buying your first home can sometimes feel overwhelming, especially with all the paperwork needed. As an Oakville mortgage broker, I give clients a checklist to follow that will hopefully make things a bit simpler. Check Your Credit Before you do anything, you need to check your credit score through Equifax. There are others that advertise […]
Mortgage renewal time can be busy for a Hamilton mortgage broker like me. It can also be an exciting and sometimes stressful time for homeowners. It’s a time when you can look to getting yourself a better mortgage package with lower rates. The market was a very competitive one, with homeowners being spoiled for options […]
I’ve worked as a Hamilton mortgage broker for many years and I know that most people won’t have the cash on hand to buy a home flat out. This means having to take out a mortgage, and taking out a mortgage needs careful planning if you want to qualify. Today, I am sharing with you […]
A question I often am asked, as a Grimsby mortgage broker is whether it pays to have a private mortgage or not. There are some instances where it can be beneficial to a home buyer, especially if they are having a hard time qualifying for a traditional mortgage. What is a Private Mortgage? This is […]
One of the hardest things for homebuyers to do is save up enough money for that all-important down payment on a home. As a Hamilton mortgage broker, I’ve always said that it’s best to start saving up well in advance. After all, the bigger the down payment, the lower the mortgage loan and monthly repayments […]
Having a mortgage pre-approval is a beneficial step when buying a home. As a Hamilton mortgage broker, I’ve seen first-hand the confusion between pre-approval and pre-qualification and how the difference between the two has affected my clients. While these terms have been used interchangeably by many lenders and larger financial institutions, they are different regarding […]
Have you ever heard the term “seller’s market” and wondered what that means? As a Burlington mortgage broker, it’s important to know whether the market is deemed a buyers or seller’s market. If you are looking for a home in a seller’s market it means that there are fewer homes on the market than people […]
When taking out a mortgage for purchasing a home, homebuyers can be surprised by the closing costs that are involved. It’s something you need to plan for and factor into your home buying budget. As a Hamilton mortgage broker, I help clients prepare for these costs so they aren’t surprised at the end of the […]