Mortgage Blog
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Category: Mortgages (12 posts)
Multi-Family Lending: What You Need To Know About Hard Money Loans in Port Perry, Ontario
March 1, 2021 | Posted by: Brad Vokins
Multi-Family Lending: What You Need To Know About Hard Money Loans Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used trad ...
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Why Borrowers May Choose a Private Mortgage in Port Perry, Ontario
February 17, 2021 | Posted by: Brad Vokins
Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the ...
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How to Handle a Mortgage After a Separation or Divorce in Port Perry, Ontario
February 2, 2021 | Posted by: Brad Vokins
Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq ...
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Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program
October 28, 2020 | Posted by: Roar Solutions
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. ...
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Reverse Mortgages – Impact on Heirs in Port Perry, Ontario
September 2, 2020 | Posted by: Brad Vokins
How do Reverse Mortgages Affect Canadian Heirs? For Canadian seniors, there is a great way to get the most out of the equity in their homes. Home prices tend to rise, and equity builds in the prope ...
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When Is Mortgage Refinancing a Bad Idea in Port Perry & Durham Region, Ontario?
June 3, 2020 | Posted by: Brad Vokins
Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when inter ...
read moreBank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve
June 3, 2020 | Posted by: Roar Solutions
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...
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5 Smart Ways to Use a Home Equity Line of Credit
April 15, 2020 | Posted by: Brad Vokins
For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a ...
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What should you consider when refinancing your mortgage?
April 1, 2020 | Posted by: Brad Vokins
Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y ...
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Bank of Canada lowers overnight rate target to 0.25 percent
March 27, 2020 | Posted by: Roar Solutions
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. T ...
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Should You Spend the Full Mortgage Amount You're Approved For?
January 30, 2020 | Posted by: Brad Vokins
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...
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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!
January 23, 2020 | Posted by: Brad Vokins
Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...
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