Articles About Mortgages

First Time Home Owners Guide 2021

Congratulations, becoming a homeowner, whether you want to buy a house, a condo, or a townhouse, is possibly one of the most significant decisions you will ever make, and I fully understand that even though you are feeling excited, you are probably also feeling a tad scared too. So I hope this guide will help you throughout the whole process from start to completion!

How do real estate commissions work in Canada?

Real estate commissions are paid to real estate agents who are responsible for listing the property or representing the buyer in the transaction. Depending on how a transaction is executed, the commission may be split between the seller and buyer.

Canadian Mortgage Rate Trends for 2021

In this article, you will find key information about current mortgage rate trends in Canada. The Bank of Canada (BoC) target rate, which is linked to variable mortgage rates, is at its lowest right now, so don’t expect any further drops! BOC has made a commitment to keep key rates low until the economy begins to recover. Many forecasters are predicting economic recovery will not gain pace until 2022 / 2023.

Breezeful Review

Each year across Canada over half a million homes are purchased and many of these purchasers will require a mortgage in order to finance these homes. That’s where Breezeful comes in. Breezeful is an online mortgage broker that works throughout Canada and the United States and helps to match up clients with potential lenders.

Tangerine Review

Tangerine is an online bank that has been serving Canadians since 1997, first as ING Direct and then switching to Tangerine in 2013. As with any Canadian bank, they offer a wide range of different financial services, the only difference being that they operate completely online and do not have any brick and mortar stores.

EQ Bank – A Digital Banking Experience

Banking shouldn’t be stressful. At EQ Bank, you can save more of your money. EQ Bank provides Canadians with a digital banking experience. Earn up to 30 times more interest than with a traditional bank.

Difference between prime mortgage lenders and private lenders

When buying a new home or commercial real estate property, individuals and businesses use mortgage loans instead of making a single upfront payment. When taking a mortgage loan, borrowers can choose between a mortgage lender and a private lender. A mortgage lender can either be a prime mortgage lender or a subprime mortgage lender, depending on the borrower’s credit score.

Home Equity Loan in Canada

Homewise is a Free Online Mortgage Service That Saves You Time and Money

It’s almost too good to be true, but that’s what we love about our business; we get to help people realize their home buying dreams, and do it in a way that saves them a lot of time, money, and confusion.

Changes to CERB Qualifications

In response to growing concerns about eligibility, specifically for those who have maintained employment but had their hours reduced during the crisis, the federal government announced a series of changes to the Canada Emergency Response Benefit (CERB).  On April 15th the Prime Minister announced that the program would be expanded to include those who have...

Resources to Help Canadians Through The Economic Fallout Of COVID-19

It’s only been a few weeks since Canada’s first confirmed case of coronavirus, and just about everyone is feeling the effects of the global pandemic in one way or another. Even those fortunate enough not to contract the virus are getting accustomed to social distancing, mass closures and is bracing for difficult economic times ahead....

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