Mortgage Blog
Getting you the mortgage you deserve
Category: Mortgage (19 posts)
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First-Time Home Buyer Budgeting: What You Need to Know
April 20, 2023 | Posted by: Estate Mortgage Group
As a first-time home buyer, budgeting is an essential part of the home buying process. By carefully planning your finances and considering all of the costs associated with purchasing a home, you can e ...
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Bank Of Canada Rate Update April 12, 2023
April 12, 2023 | Posted by: Estate Mortgage Group
Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4. ...
read moreBank of Canada Rate Update March 8, 2023
March 8, 2023 | Posted by: Estate Mortgage Group
Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at ...
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Selling Your Home in the Winter: How You Can Make the Most of It
March 5, 2023 | Posted by: Estate Mortgage Group
Selling your home in the winter can be a challenging task, but it can also be an opportunity to stand out in a crowded market. With fewer houses on the market and motivated buyers who are eager to mov ...
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Title insurance and home insurance–protect what matters most
February 27, 2023 | Posted by: Estate Mortgage Group
When something goes wrong with your home and you suffer a loss, you need to be able to rely on your insurance coverage. Knowing which of your insurance policies to turn to isn't always easy. Title ins ...
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Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening
January 25, 2023 | Posted by: Estate Mortgage Group
The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening ...
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Should You Spend the Full Mortgage Amount You're Approved For?
December 28, 2022 | Posted by: Estate Mortgage Group
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...
read moreThe Pros and Cons of Fixed vs. Variable Mortgages
December 8, 2022 | Posted by: Estate Mortgage Group
When it comes to choosing a mortgage, borrowers in Canada have two main options: a fixed rate mortgage or a variable mortgage. But which type is best for you? Here, we'll take a look at the pros and c ...
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Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
December 7, 2022 | Posted by: Estate Mortgage Group
The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening ...
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Bank of Canada Rate Update October 26, 2022
October 26, 2022 | Posted by: Estate Mortgage Group
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate a ...
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Best Ways to Plan for Your Down Payment
October 19, 2022 | Posted by: Estate Mortgage Group
Best Ways to Plan for Your Down Payment Do mortgages seem unaffordable? These tips will help you plan for your down payment so you can start talking to a private lender mortgage broker in no time. ...
read moreHow Mortgage Rates Affect Buying Power?
September 16, 2022 | Posted by: Estate Mortgage Group
How Mortgage Rates Affect Buying Power? Do You Know How Your Mortgage Rate Affects Buying Power? To maximize your purchasing power, you should understand how interest rates impact your home buying p ...
read moreBank Of Canada Rate Update September 7, 2022
September 7, 2022 | Posted by: Estate Mortgage Group
Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.25%, with the Bank Rate ...
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Should You Pay Off Your Mortgage Early?
August 24, 2022 | Posted by: Estate Mortgage Group
It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will explore some o ...
read moreBank Of Canada Rate Update July 13, 2022
July 13, 2022 | Posted by: Estate Mortgage Group
Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 2.5%, with the Bank Rate ...
read moreBank Of Canada Rate Update June 1, 2022
June 1, 2022 | Posted by: Estate Mortgage Group
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at ...
read moreHow a Mortgage Pre-Approval Can Protect You from Rising Rates
May 26, 2022 | Posted by: Estate Mortgage Group
With interest rates rising, it's important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how! Do you plan on searching for and buy ...
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How is a Private Mortgage Different Than a Traditional Bank Mortgage
May 4, 2022 | Posted by: Estate Mortgage Group
Understanding the difference between private mortgages and traditional bank mortgages can help you make the best decision for financing a new home. Each option provides the money to secure real estate ...
read moreBank Of Canada Rate Update April 13, 2022
April 13, 2022 | Posted by: Estate Mortgage Group
Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% ...
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