We keep coming back to this topic of credit. It’s a crucial aspect for anyone planning for homeownership. However, similar to most things in the financial side of life, you need to be careful when building your credit history. It is very easy to get...
The home buying process can be exciting and very stressful at the same time. You know, you are preparing to make perhaps the biggest investment of your life and you want to make sure you get the house of your dreams that you work so...
People often wonder why they should consider working with a mortgage broker when banks can do mortgages as well. We certainly get asked this question a lot. The truth is: there is a BIG difference between the two. Similar to the “house hunting process” where...
Ever since its implementation in January 2018, the mortgage stress test has been itself a source of stress for many potential homebuyers. Now, anyone who needs to qualify for a mortgage from a regulated lender needs to take this test. Again, just to review, this...
Perhaps the most used term when it comes to mortgages, but one many people still don’t really understand. What are interest rates? We want to pay the lowest percentage possible. But do we know what they actually are and how this percentage is calculated? You are...