vacation home mortgage orangeville

Younger homebuyers more willing to fight bidding wars: survey

By  External Author |   | Posted in " First-Time Home Buyers, Mortgage Advice, Mortgage Broker, Mortgage Information "

Original Article Source Credits:  Advisor's Edge , https://www.advisor.ca/ 

Article Written By:  NA

Original Article Posted on:  May 18, 2021

Link to Original Article:  https://www.advisor.ca/news/industry-news/younger-homebuyers-more-willing-to-fight-bidding-wars-survey/


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Insured and Uninsured Mortgage Stress Test Changes Confirmed for June 1

By  External Author |   | Posted in " First-Time Home Buyers, Home Purchase, Mortgage Advice "

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  May 21, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/05/insured-and-uninsured-mortgage-stress-test-changes-confirmed-for-june-1/


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Homebuyers to Face More Stringent Mortgage Stress Test After June 1

By  External Author |   | Posted in " First-Time Home Buyers, Home Purchase "

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  April 8, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/04/homebuyers-to-face-more-stringent-mortgage-stress-test-after-june-1/


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10 Things First-Time Homebuyers Should Consider Before Buying Property Outside the City

By  External Author |   | Posted in " Debt Consolidation, Debt Reduction, Downpayment, Financial Goals, First-Time Home Buyers, Home Purchase, Home Refinance, Interest Savings, Mortgage Financing Needs, Mortgage Information, Mortgage Renewal, New Years Resolutions, Prepayment, Refinance "

Original Article Source Credits: HGTV, https://www.hgtv.ca

Article Written By: Doug Murray

Original Article Posted on: March 3, 2021

Link to Original Article: https://www.hgtv.ca/real-estate/photos/things-homebuyers-should-consider-before-leaving-the-city-1946255/


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Paying off your mortgage faster

By  External Author |   | Posted in " First-Time Home Buyers, Mortgage Advice, Mortgage Broker, Mortgage Financing Needs "

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2020-09-15

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/pay-mortgage-faster.html


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Choosing a mortgage that is right for you

By  External Author |   | Posted in " First-Time Home Buyers, Mortgage Advice, Mortgage Broker "

Original Article Source Credits:   Canada.ca ,https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:   

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/choose-mortgage.html


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Mythbuster: Shopping Around For The Best Mortgage Rate Will Hurt My Credit Score

By  Dwight Trafford |   | Posted in " Debt Reduction, Financial Goals, First-Time Home Buyers, Home Ownership, Home Purchase, Home Refinance, Interest Savings, Money Saving, Mortgage Advice, Mortgage Broker, Mortgage Financing Needs, Mortgage Information, Mortgage Renewal "

vacation home mortgage orangeville}

Quite often, Clients are hesitant to start a mortgage application because there is a belief that it will negatively impact a credit score.  This article is intended to “clear the air” on this common misconception.


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Downpayment Assistance Programs to Help Achieve the Home Ownership Dream

By  Dwight Trafford |   | Posted in " Downpayment, Financial Goals, First-Time Home Buyers, Home Ownership, Interest Savings, Money Saving, Mortgage Advice, Mortgage Broker, Mortgage Financing Needs, Mortgage Information "

vacation home mortgage orangeville}

If you’ve ever questioned whether you can get into the housing market with little savings, there are options available!  Many people are unaware, but there are programs in different counties and regions throughout Ontario to help residents achieve their dream of home ownership with various grants.


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What NOT to Do Before Your Mortgage Closing Date

By  Dwight Trafford |   | Posted in " Debt Consolidation, Debt Reduction, Financial Goals, First-Time Home Buyers, Interest Savings, Money Saving, Mortgage Advice, Mortgage Broker, Mortgage Financing Needs, Mortgage Information, Mortgage Renewal, Prepayment, Refinance "

vacation home mortgage orangeville}

Lenders are watching your every financial move from your approval point until your closing date.  Just because you've been approved and signed all your mortgage documents, does not mean the Lender will not take away the approval - read your terms and conditions!  If you are looking for a new vehicle or credit products, or want to dispute a payment, wait until AFTER your mortgage closes, or you risk losing your approval.


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A Decade of Mortgage Tightening

By  Dwight Trafford |   | Posted in " Debt Consolidation, Debt Reduction, First-Time Home Buyers, Money Saving, Mortgage Advice, Mortgage Broker, Mortgage Financing Needs, Mortgage Information, Refinance "

vacation home mortgage orangeville}

If you have not been through the mortgage financing process within the last 5-10 years, brace yourself for a majorly different process!  Here's a brief timeline of the mortgage rule changes that have occurred in Canada since 2008.  We are all extremely curious to see if 2019 brings more rules, or finally some softening.  


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