Buying a New Home Archives | The Mortgage Centre

May 3, 2024Buying a New Home, Down Payment, First Time Home Buyer

Buy a Home With a 2% Down Payment

Discover the possibility of buying a home with a 2% down payment! Let’s uncover the secret of cashback mortgages and how they can benefit you. Some […]

November 30, 2023November 30, 2023Building a New Home, Buying a New Home, Down Payment, First Time Home Buyer, Home Buying Experience, Home Shopping, Mortgage Guidelines, Mortgage Insurance, Mortgage News Canada, Mortgage Tips, New to Canada

New to Canada Mortgages

Canada is always welcoming people from around the world. I understand that starting a new life in Canada comes with various challenges, and one significant […]

October 5, 2023December 15, 2023Building a New Home, Buying a New Home, Default Insurance, Down Payment, First Time Home Buyer, Home Buying Experience, Home Shopping, Interest Rates, Mortgage Broker, Mortgage Insurance, Mortgage Payment, Mortgage Rates, Pre-approval

Un Insured Mortgage vs Insured Mortgage

Do you know the differences between an uninsured mortgage and an insured mortgage? I want to help you understand the key points to make sure […]

August 14, 2023November 8, 2023Buying a New Home, Home Buying Experience, Home Equity, Home Improvement, Home Shopping, Homeowner Tips, Investment Property, Mortgage Broker, Mortgage Rates, Mortgage Tips, Pre-approval, Vacation Property

Invest In Real Estate

When I purchased my first house, I initially never thought of it as an “investment.” It was a place to call home. A few buddies […]

July 5, 2023November 8, 2023Buying a New Home, Financial Tips, Home Equity, Home Improvement, Homeowner Tips, Investment Property, Purchase Plus Improvements, Vacation Property

How Rising Equity Impacts You

Equity is the difference between your home’s market value and your mortgage’s outstanding balance. It is a powerful tool that can impact your financial well-being. […]

June 14, 2023November 8, 2023Buying a New Home, Mortgage News Canada

Update: Prohibition on the Purchase of Residential Property by Non-Canadians

Effective January 1, 2023, non-residents have been banned from directly or indirectly purchasing residential properties in Canada for two years under the Prohibition on the […]

June 8, 2023January 5, 2024Building a New Home, Buying a New Home, First Time Home Buyer, Home Buying Experience, Mortgage Rates, Mortgage Renewal, Mortgage Switch

Mortgage Rates on The Rise

On June 7, 2023, the Bank of Canada announced that the overnight target rate increased to 4.75 percent from 4.5 percent, increasing the prime lending […]

May 29, 2023November 8, 2023Building a New Home, Buying a New Home, Credit Score, Financial Tips, Home Buying Experience, Home Shopping, Mortgage Guidelines, Mortgage Tips

The Biggest Qualifying Mistake

The biggest mistake I hear too often is around the income used to qualify for a mortgage. The Bank of Canada’s guidelines regarding income verification […]