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How Do Mortgage Brokers & Agents Get Paid?

How Do Mortgage Brokers & Agents Get Paid?

by Zohreh Fayaz | Jun 28, 2019 | Blog, Finance, Homeownership, Mortgage

You’re ready to buy a home and you’ve laid out the groundwork to formulate a successful mortgage strategy. Your next step is to consult with a professional mortgage broker or agent who will guide you through the entire process of obtaining your mortgage to help...
More Single Women are Buying Homes

More Single Women are Buying Homes

by Zohreh Fayaz | Jun 21, 2019 | Finance, Homeownership, Mortgage

Housing market trends are constantly changing. Factors such as the economy, house prices, inflation and interest rates all play a role in market fluctuations. Just as important, however, is the role of the individual buyer and, today, one of the most influential and...
What Documents Do I Need to Fund My Mortgage?

What Documents Do I Need to Fund My Mortgage?

by Zohreh Fayaz | Jun 14, 2019 | Finance, Homeownership, Mortgage

Realizing your dream of homeownership is an exciting journey, but finalizing the mortgage process can be a bit cumbersome, particularly when it comes to the trail of seemingly endless documents you’re required to submit.   The extensive paperwork throughout the...
What Can I Expect to Pay for Closing Costs?

What Can I Expect to Pay for Closing Costs?

by Zohreh Fayaz | Jun 7, 2019 | Economy, Finance, Mortgage

There are numerous costs associated with buying a home. While the most common expenses that come to mind include down payment, moving and real estate commissions, there are also additional fees you must pay when the deal closes, known as closing costs.   The term...
Bank of Canada Rate Announcement May 29th, 2019

Bank of Canada Rate Announcement May 29th, 2019

by Zohreh Fayaz | May 29, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent Canadian economic data are in line with the projections in the Bank’s April Monetary Policy...
Up, Down, Change, No Change… What’s Going on with Interest Rates?

Up, Down, Change, No Change… What’s Going on with Interest Rates?

by Zohreh Fayaz | May 25, 2019 | Blog, Economy, Finance, Mortgage

Every six weeks, the Bank of Canada (BoC) meets to decide which direction, if any, interest rates should take. The state of the economy, inflation, household debt and commodity prices are just some of the factors that play a role in this decision.   In order to...
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