Ten Great Reasons to Use a Mortgage Broker
For many Canadians, mortgage payments are their single most significant expense. Yet, most don’t comparison shop to ensure they’re getting the best mortgage rate and terms available, which can cost tens of thousands of dollars over their mortgage term. Don’t make the same mistake! From your local mortgage broker in Kamloops, here are ten reasons why you need a mortgage broker working for you.
5 Ways to Improve Mortgage Qualifying Success
As your local mortgage broker in Kamloops, whether you are a first-time buyer or looking to renew or refinance your mortgage with a new lender, getting a new mortgage can be stressful. That’s why you should get yourself mortgage ready well in advance. Here are five tips to help you do just that: 1. Get […]
Who Should Get a Mortgage Pre-Approval?
As your local mortgage broker in Kamloops, I feel it is essential for those entering and already in the real estate market to know the importance of a pre-approval. A mortgage pre-approval can be a necessary part of your pathway to building wealth, giving you a real-world picture of your options: your opportunities and limitations. […]
The Lowdown on the Mortgage Approval Process
As a mortgage broker in Kamloops, I feel it is essential for mortgage holders to understand the approval process. Whether purchasing, refinancing, or moving your mortgage to a new lender, clearly understanding the approval process is necessary. It’s a big financial commitment, so you’ll want to be sure you’re moving through the process confidently. Here […]
Five Tips for First-Time Homebuyers
As a mortgage broker in Kamloops, here are five tips for first-time home buyers. Although mortgage debt is ‘smart’ debt, buying your first home is a substantial financial decision, and there is much to consider. It’s one of the most important financial decisions that most Canadians will make in their lifetime. Here are five tips to help you get on the right foot in your home-buying journey.
Broker vs Banker
You want it all. The best available rate with the right features so you can live comfortably with your mortgage and pay it off in record time. If you want the perfect mortgage, you need to shop around. That’s my strength. I offer access to over 50 of Canada’s leading lenders, including major banks, credit […]
After The Rate Hike…What’s Next?
On July 12th, the Bank of Canada increased the overnight rate by .25% to 5.00%. The recent increase brings the amount to 475 basis points in total since March 2022, taking the overnight rate to a new 22-year high. Variable-rate mortgages and lines of credit will see higher rates and another payment increase. Based on the […]
8 Tips Your Bank Won’t Give You
8 Tips You Won’t Get From Your Bank If you’ve got a mortgage – or plan to get one this year – you probably know it’s more complicated than it used to be just a few short years ago. That said, I have many tips and strategies that can help you get the mortgage you […]
Bank Of Canada Holds Overnight Rate
Bank of Canada Holds The Overnight Rate The Bank of Canada held its benchmark rate at 4.5% for the second time this year, a relief to many Canadians. While holding steady on interest rates, the Bank of Canada noted that it is continuing its policy of quantitative tightening and remains “resolute in its commitment to […]
Buying a Home in 2023-Preventing Buyers Remorse
Most recent homebuyers have at least one regret—here’s what you should know before buying.