What First-Time Buyers Need to Know About Buying a House
If it's your first time purchasing a home, the process of finding and buying a home can be daunting. But it doesn't have to be. With a little preparation and research, first-time home buyers can make the process of buying a home a whole lot easier. In this article,...
The Challenge of Buying a Home with Bruised Credit
For many Canadians, the dream of homeownership is just that – a dream. Some people just can't afford to buy their own home and are perfectly content with renting an apartment. Achieving homeownership has become increasingly difficult in recent years, and for those...
Open vs. Closed Mortgages: The Distinct Differences
A mortgage is a loan that is used to purchase a property. The mortgage is secured by the property, which means that if the borrower defaults on the loan, the lender can foreclose on the property and sell it to recoup the money they are owed. There are two main types...
What You Need to Do to Properly Refinance Your Mortgage
When refinancing your mortgage, you are essentially taking out a new loan to pay off your existing mortgage. Mortgage refinancing can be an excellent way to save money on your monthly payments or to pay off your mortgage more quickly. However, it is important that you...
Is It a Good Idea to Change Jobs Before Buying a Home
Changing jobs can be an exciting new venture. It can mark a new stage in your life, brimming with opportunity. However, changing jobs can make things a little more complicated when you're planning to buy a home. How Can Changing Jobs Affect the Home Buying Process?...
Essential Facts About Mortgage Pre-Approval You Need to Know
Are you serious about buying a home? Before you go house searching, get a mortgage pre-approval. It streamlines the process and demonstrates to real estate brokers that you are a genuine buyer. Continue reading to learn more about mortgage pre-approval and how it...