by Kara Herbeson | Jan 17, 2020 | Blog, Economy, Homeownership, Mortgage
How Can a Co-Signer Help Your Mortgage Approval? If you’re experiencing difficulty meeting traditional lender mortgage guidelines thanks to such factors as a credit blemish or simply because ‘life happened’ (divorce, illness, job loss, etc), you may benefit from...
by Kara Herbeson | Dec 20, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
Prior to securing your first mortgage, you considered a number of different factors such as the rate, term, amortization period and other important features. So, before your mortgage reaches its maturity date (in five years or however long it has been set), it’s...
by Kara Herbeson | Oct 18, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
This is a commonly-asked question, since mortgage agents/brokers and appraisers aren’t authorized to provide a copy of the real estate appraisal report to the homebuyer/homeowner even though you’ve likely paid to have it completed. This is mainly because the...
by Kara Herbeson | Jul 5, 2019 | Blog, Economy, Homeownership, Mortgage
Every six weeks, the Bank of Canada (BoC) meets to decide which direction, if any, interest rates should take. The state of the economy, inflation, household debt and commodity prices are just some of the factors that play a role in this decision. In order to...
by Kara Herbeson | May 3, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
When you’re in the market for a mortgage, it’s important to understand the value of working with an independent mortgage agent who can offer you a full spectrum of solutions catered to your unique needs. Homeownership has become increasingly difficult for many...
by Kara Herbeson | Mar 6, 2019 | Announcements, Economy, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent data suggest that the slowdown in the global economy has been more pronounced and widespread...
