A credit score of 680+ is vital to qualify for the best mortgage rates. But there are many other factors to know about credit scores and how they affect your mortgage rates. Most people don't even know where to check their credit scores. Whether you...
A mortgage is one of the biggest commitments a consumer can make, considering the average mortgage cost in Canada has gone up significantly in recent years. According to one statistic, the average Canadian resale home price hovered just above $716,000.00. Before diving into such a commitment,...
March 2, 2022, marks the beginning of the interest rate hike, and Canadians can barely see how high it would go. So, knowing that the rate is going up, does it mean it is bad to get a mortgage now? Well, this is dependent on...
Buying a home is a big decision and can be extremely stressful, especially for those who don’t have much experience. Whether you are renting to have low commitment and the ability to move or you are buying to build equity and create a nest for...
A home equity loan otherwise known as a second mortgage, is a type of loan in which the borrower receives a large sum of money by obtaining equity from their property. The loan amount is determined by the value of your property, which is then...
Understanding the value of your house is important to know, not just to ease your curiosity, but for a variety of other financial purposes. For instance, if you’re aware of your home value you’ll be able to better establish an accurate listing price. But maybe...
