by Glenn Maclaren | Jun 28, 2019 | Blog, Finance, Homeownership
Realizing your dream of homeownership is an exciting journey, but finalizing the mortgage process can be a bit cumbersome, particularly when it comes to the trail of seemingly endless documents you’re required to submit. The extensive paperwork throughout the...
by Glenn Maclaren | Jun 21, 2019 | Blog, Finance, Homeownership, Mortgage
You’re ready to buy a home and you’ve laid out the groundwork to formulate a successful mortgage strategy. Your next step is to consult with a professional mortgage broker or agent who will guide you through the entire process of obtaining your mortgage to help...
by Glenn Maclaren | May 29, 2019 | Announcements, Blog, 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 Canadian economic data are in line with the projections in the Bank’s April Monetary Policy...
by Glenn Maclaren | May 22, 2019 | Blog, Economy, Finance, 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 Glenn Maclaren | May 17, 2019 | Blog, Finance, Homeownership
Establishing and maintaining a strong credit score is vital when you’re looking to buy a home or renew/refinance your current mortgage. If you haven’t already done so, it’s important to start building your credit history, which is used by lenders to asses your...
by Glenn Maclaren | May 3, 2019 | Blog, Economy, Homeownership, Mortgage
You’ve moved to Canada and settled into your new surroundings. Now you’re considering buying a home and establishing roots. But where do you start? Working with a mortgage agent is your first step, as we understand the ins and outs of New to Canada mortgage...
