by Zohreh Fayaz | Sep 18, 2020 | Blog, Finance, Homeownership, Mortgage
One of the most challenging obstacles to homeownership is saving enough money for a down payment. Thankfully, mortgage default insurance provides a break to homebuyers that enables you to put less money down. The minimum down payment required to purchase a...
by Zohreh Fayaz | Sep 4, 2020 | Blog, Homeownership
Both a home appraisal and an inspection are important steps within the home buying process, so it’s well worth your effort to distinguish the differences between them and learn how they can both be used to your advantage to uncover detailed information about a...
by Zohreh Fayaz | Aug 21, 2020 | Announcements, Economy, Finance, Homeownership, Mortgage
The Canadian real estate market was in good shape heading into 2020, but the busy spring season was delayed a bit thanks to COVID-19. The good news is that it has come back white hot, breaking records throughout the summer and showing no signs of slowing down anytime...
by Zohreh Fayaz | Aug 7, 2020 | Blog, Economy, Homeownership
Canadian seniors who are feeling the financial effects of the COVID-19 pandemic are showing interest in reverse mortgages as a way to stay in their current homes. With a reverse mortgage, Canadians aged 55+ can borrow funds against home equity. No payments are...
by Zohreh Fayaz | Jul 17, 2020 | Blog, Economy, Homeownership, Mortgage
It’s important not to subscribe to the doom and gloom media reports about the Canadian housing market, especially in the midst of COVID-19 emergency measures. The reality is that, regardless of what you’re reading in the mainstream media, people are still...
by Zohreh Fayaz | Jul 3, 2020 | Blog, Economy, Homeownership, Mortgage
When you took out your current mortgage, you were required to make a number of key decisions, such as the type of rate you wanted – fixed or variable – the amortization period, whether it was open or closed as well as what term you wanted. A mortgage term...
