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Burlington mortgages Articles

Fixed vs Variable Rate Mortgage: How Do You Decide?

Fixed vs Variable Rate Mortgage: How Do You Decide?

When you’re in the market for a home, you’re also usually in the market for a mortgage. There are two main types of mortgage in Canada: fixed vs variable rate mortgage. While they each have their pros and cons, there isn’t one right choice. You’ll have to weigh their...

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Thinking About an Online Mortgage Lender?

Thinking About an Online Mortgage Lender?

From filling out the application to signing the papers at closing time, it usually takes two to six weeks to approve and finalize (fund) a mortgage. In today's fast-paced world, that may seem like an eternity. However, mortgages are complex legal agreements. The...

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What To Do Now That Interest Rates Are Rising

What To Do Now That Interest Rates Are Rising

What To Do Now That Interest Rates Are Rising It finally happened. On March 2nd, 2022 the Bank of Canada raised the prime interest rate by 0.25%. This means that for people with a variable rate mortgage the cost of borrowing has started to increase from where it...

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The Connection Between Inflation and Mortgage Rates

The Connection Between Inflation and Mortgage Rates

Canada's inflation rate is now the highest since 2003. Rising inflation is often a signal that interest rates are also likely to increase. Higher interest affects business loans, car loans, credit cards, lines of credit, and of course, mortgage interest rates. But...

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5 (Financial) Things To Do Before House Hunting 

5 (Financial) Things To Do Before House Hunting 

Most people will never borrow more money at one time than when they purchase a home. Getting a mortgage is a huge commitment. Depending on how much you borrow, the interest rate, and the amount of your down payment, your mortgage can change the course of your...

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Calculating the Real Cost of Buying a Home 

Calculating the Real Cost of Buying a Home 

Taking the leap into buying a home is an exciting time for many. If it's your first time, you may still be learning the ropes - and there's a lot to know! How do mortgages work? Is a fixed-rate mortgage better than a variable rate mortgage? What is the mortgage stress...

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Do Canadians Have Too Much Mortgage Debt?

Do Canadians Have Too Much Mortgage Debt?

According to reports, April 2021 saw the highest single-month increase in mortgage debt - ever. Canadians added almost $18 billion in new mortgages that month putting mortgage debt in Canada at an all-time high. Canadian homeowners now owe nearly $2 trillion to...

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How Election Promises Could Affect Home Prices

How Election Promises Could Affect Home Prices

Overall, Canadians have more mortgage debt now than they have ever had. The pace of increase in Canadian housing costs has been news for a long time. Furthermore, in a recent survey, 75% of people who want to buy a home believe they cannot afford one and more than 70%...

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Join our growing team!

Job Title: Operations and Administrative Assistant Employment Type: Full-time Job Location: Burlington and Area (Primarily work from home) Reports to: Harrison White - Director / Owner Date Posted: September 13 / 2021 Apply by: Email. Please include a cover letter...

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