by Zohreh Fayaz | Jul 31, 2018 | Announcements, Blog, Finance, Mortgage
Along with employment stability, and downpayment/equity, your credit score and how you manage your credit is a huge factor in qualifying for a mortgage. If you want the best interest rates available on the market, the higher your credit score the better. However, if...
by Zohreh Fayaz | Jul 24, 2018 | Blog
If you’ve been thinking about selling your existing property, for whatever reason, it would be in your best interest to give me a call before you list for sale. Here are a few scenarios that explain why… Buying a New Property! You have to live somewhere!...
by Zohreh Fayaz | Jul 20, 2018 | Announcements, Blog, CMHC
Over the last few years, it’s been more a story about tightening rules and regulations, mitigating risk, and restricting lending practices than anything. However the Canadian Mortgage and Housing Corporation (CMHC) just announced that it looks like mortgage...
by Zohreh Fayaz | Jul 17, 2018 | Blog, Homeownership
If you’ve been thinking about buying a new home; whether that be your first home, your next home, your forever home, or your retirement home, the doom and gloom of it all might be causing you to question… is right now a good time to buy a home? Well…...
by Zohreh Fayaz | Jul 11, 2018 | Announcements, Blog, Mortgage
The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent. The Bank expects the global economy to grow by about 3 ¾ per cent in 2018 and 3 ½ per cent in...
by Zohreh Fayaz | Jul 9, 2018 | Blog, CMHC, Homeownership
If you’ve ever wondered about what motivating factors are considered by Canadians, driving them to buy homes, here is a recent report released by the Canadian Mortgage and Housing Corporation (CMHC) that takes a look at our major metropolitan centres. Here are...
