by Kara Herbeson | Apr 1, 2019 | Blog, Mortgage
Let’s say you have a home that you’ve outgrown, it’s time to make a move to something more suited for your family. You have no desire to keep two houses, so you decide that selling your existing home, and moving into something new is the best idea....
by Kara Herbeson | Mar 18, 2019 | Blog, Finance, Homeownership, Mortgage
This should come as no surprise, but sometimes life throws you a financial curveball. Bankruptcy and consumer proposals happen. It doesn’t mean your life is over, and it doesn’t mean you won’t ever qualify for a mortgage again. The key here is to get...
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...
by Kara Herbeson | Mar 1, 2019 | Blog, Homeownership, Mortgage
One of the benefits of working with an independent mortgage professional is having lots of great financing options! Rather than dealing with a single lender who has one set of products, brokers work with multiple lenders who offer a wide selection of mortgage...
by Kara Herbeson | Feb 15, 2019 | Blog, Mortgage
So you’re thinking about co-signing for a mortgage? Okay, do you really know what that means do you know what you are getting yourself into? Co-signing isn’t necessarily a bad thing, but there is certainly a lot of misinformation floating around on the...
by Kara Herbeson | Feb 1, 2019 | Blog, Mortgage
As part of the mortgage and real estate processes, there’s a lot of confusion around the differences between the deposit and the downpayment. It’s important to understand what sets them apart so you don’t get confused when it’s time to secure financing on a...