by Eric Rodrigues | Nov 15, 2019 | Blog, Homeownership, Mortgage
In real estate lingo, ‘title’ refers to the rightful ownership of a property, such as a home. And while owning a home is generally viewed as a sound investment, it doesn’t come without inherent risks. Much like you opt for medical insurance for yourself or...
by Eric Rodrigues | Nov 8, 2019 | Blog
Historically, real estate has proven to be a sound investment option. Nowadays, with rental properties scarce and rental fees through the roof, investing in real estate could be considered a great option, especially if you cater to the right demographic in the right...
by Eric Rodrigues | Oct 30, 2019 | Announcements, Blog, CMHC
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The outlook for the global economy has weakened further since the Bank’s July Monetary Policy Report...
by Eric Rodrigues | Oct 25, 2019 | Blog, Mortgage
It’s a common held belief that if you’ve made your mortgage payments on time throughout the entirety of your mortgage term, that your lender is somehow obligated to renew your mortgage. This is simply not the case. The truth is, a lender is never under any...
by Eric Rodrigues | Oct 18, 2019 | Blog, Finance, Homeownership
Are you thinking of doing some home improvements and wondering how to pay for them? As a homeowner, you’ll be glad to know that your mortgage agent can help you access funds through the equity in your home. With house prices on the rise, more and more people...
by Eric Rodrigues | Oct 11, 2019 | Blog, Finance, Homeownership
Sometimes, you may just need an added boost to qualify for the loan amount required to get you into your new home, particularly following the introduction of tighter mortgage qualification rules. If you’re experiencing difficulty meeting traditional lender...
by Eric Rodrigues | Oct 4, 2019 | Announcements, Economy, Finance, Mortgage
Did you know that several lenders today are exclusively offering collateral charge mortgages? This means it’s more important than ever to understand the differences between a collateral and a standard charge mortgage before signing your mortgage commitment. The...
by Eric Rodrigues | Sep 27, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
More Canadians than ever before have become familiar with private mortgage options after feeling the effects of the stringent stress test mortgage qualification rules introduced in January 2018. While private mortgages have been around for many years, they were...
by Eric Rodrigues | Sep 20, 2019 | Blog, Homeownership, Mortgage
We live in a very public forum these days. There truly is no such thing as enjoying a private life if you’re on social media. What you post on your social media accounts – Facebook, Instagram, Twitter, etc – can cast you in a negative light if certain details about...
by Eric Rodrigues | Sep 13, 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...
