by Zohreh Fayaz | Dec 6, 2024 | Blog, Mortgage
Planning your mortgage renewal strategy early with your mortgage agent can prove very beneficial. A proactive approach ensures you’re fully prepared to secure the best possible terms and set yourself up for success throughout your next mortgage term. Here are some key...
by Zohreh Fayaz | Nov 1, 2024 | Blog, Economy, Finance
As the holidays approach, the excitement of gift-giving, family gatherings and overall festive cheer is often accompanied by the challenge of managing finances. Balancing holiday spending while keeping an eye on your long-term goals can be tricky, but achievable. Here...
by Zohreh Fayaz | Oct 18, 2024 | Blog, Mortgage
We’re welcoming news of many important mortgage changes coming into effect in the next few months. The latest announcement by the federal government will see mortgage changes rolled out aimed at addressing the housing shortage by supporting the construction of...
by Zohreh Fayaz | Oct 4, 2024 | Blog, Mortgage
Homeowners who switch lenders when your mortgage term is up for renewal will no longer be subject to stress-test rules – which add a 2% rate surcharge when qualifying your mortgage – as of November 21st, 2024Great News for Mortgage Renewals! This change provides added...
by Zohreh Fayaz | Sep 20, 2024 | Announcements, Blog, Mortgage
The federal government unveiled huge changes to Canada’s mortgage system September 16th, 2024 aimed at helping make homeownership more attainable for first-time homebuyers as well as Canadians purchasing newly-built homes. This is exciting news for homebuyers,...
by Zohreh Fayaz | Sep 6, 2024 | Announcements, Blog, Mortgage
We’re finally getting some great news on the inflation – and, consequently, the interest rate – front! Canada’s inflation rate continued its downward trajectory in July, with the headline Consumer Price Index (CPI) slowing to 2.5%, according to Statistics Canada. This...
by Zohreh Fayaz | Aug 16, 2024 | Blog, Mortgage
If you’re a first-time homebuyer, chances are, your lender will require you to pay property taxes as part of your mortgage payments. Still, many people continue to pay them like this throughout their time as mortgage holders. Once you’re no longer required to pay...
by Zohreh Fayaz | Aug 2, 2024 | Blog, Finance
Many mortgage borrowers are weighing their options when it comes to debt consolidation to help ease monthly financial obligations, which can empower you to both save money and improve your cashflow in one move. Accessing home equity is a popular and cost-effective way...
by Zohreh Fayaz | Jul 19, 2024 | Finance, Homeownership
Saving for a down payment on a home can be challenging but, with careful planning and discipline, this important milestone will become much more easily achievable. Following are 10 helpful tips to get you started on your homeownership journey as soon as possible. 1....
by Zohreh Fayaz | Jul 5, 2024 | Finance
College and university residence spaces and local rental opportunities are tight in many areas with concentrated amounts of student population. That’s why it may be a great idea to consider buying a home for your child and their friends/roommates to live in while...
