Six Financial Resolutions That Can Change Your Life
As we near the end of the year, I your local Kamloops mortgage broker, believe it’s important to discuss how we can set ourselves up for financial success in the new year.
Manage Your Credit Score…It’s Your Passport to Financial Opportunities
November is Financial Literacy Month! As your local Kamloops mortgage broker, I believe it is essential to provide education to help you get into home ownership and place you in a better position with your budget. So maybe you let a few bills slide when things were tight. Or perhaps you haven’t seen a zero […]
Renewing in a Higher Interest Rate Environment
Preparing for Higher Rates Given inflationary pressures, the Bank of Canada indicated in their last rate announcement that rate hikes could continue to take place if inflation does start to rise again. This means don’t put your celebratory hat on just yet. We may not have seen our last Bank of Canada increase. Views among […]
Understanding Loan-To-Value Ratios for Mortgages and Its Impact on Your Mortgage
As your local Kamloops mortgage broker, it can be challenging for buyers to understand how the size of their down payment impacts their mortgage rate. When diving into the world of homeownership, one of the terms you’ll frequently come across is the Loan-to-Value (LTV) ratio. Lenders consider this a crucial factor and can significantly affect […]
What Affects Mortgage Rates?
Mortgage rates play a pivotal role in the housing market, influencing home affordability and the decision-making processes of countless homebuyers. But what determines the ebbs and flows of these rates? Let’s delve into the key factors that influence mortgage rates. 1. Central Bank Policies Central banks, like the Bank of Canada., wield significant power over […]
New Canadians Face Hurdles Obtaining Homeownership – A Kamloops Mortgage Broker’s Perspective
As a mortgage broker in Kamloops, I have seen firsthand for these new Canadians first time homeownership may prove harder than anticipated as they face unforeseen obstacles, but there are definite opportunities.
Fall Cleaning Your Debt Could Save You Thousands
I feel as though fall is here. The early mornings tell me so. They are cool and crisp, and as with any season change in Canada, I go from wearing several layers in the morning to wearing shorts in the afternoon. There are two times in the year that I love to declutter and clear […]
5 Reasons to Get a Second Opinion on Your Mortgage Renewal
As your local mortgage broker in Kamloops, BC, I can emphasize how overloaded you are with work, kids’ activities and trying to maintain your homes. Then add in trying to take care of yourself, which can be enough to tip you over the edge. I can see why many sleep through the mortgage renewal process […]
The Mortgage Broker Advantage
As your local mortgage broker in Kamloops, I feel that there is an increase in home buyers turning to mortgage brokers for their first and next mortgage, taking advantage of the value and convenience of our services.
Getting a Mortgage After a Separation or Divorce
If you have a final separation agreement, it can be beneficial to talk to your local mortgage broker in Kamloops about how the value of your home.