Mortgage Blog

Cambridge - Guelph and Surrounding area Mortgage Solutions Made Easy!

Category: Mortgages (10 posts)

When Is Mortgage Refinancing a Bad Idea in Cambridge & Guelph, Ontario?

When Is Mortgage Refinancing a Bad Idea in Cambridge & Guelph, Ontario?

June 3, 2020 | Posted by: Michael Croitoru

Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when inter ...

read more
Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

June 3, 2020 | Posted by: Roar Solutions

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...

read more
5 Smart Ways to Use a Home Equity Line of Credit

5 Smart Ways to Use a Home Equity Line of Credit

April 15, 2020 | Posted by: Michael Croitoru

For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a ...

read more
Navigating the Canada Emergency Response Benefit

Navigating the Canada Emergency Response Benefit

April 13, 2020 | Posted by: Michael Croitoru

We know that it's been a very confudsing and scary time for many people due to COVID-19. The below image will help guide you a bit more for how to navigate the finacial details the govt is laying out ...

read more
What should you consider when refinancing your mortgage in Cambridge, Guelph & Surrounding Area?

What should you consider when refinancing your mortgage in Cambridge, Guelph & Surrounding Area?

April 1, 2020 | Posted by: Michael Croitoru

Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y ...

read more
Bank of Canada lowers overnight rate target to 0.25 percent

Bank of Canada lowers overnight rate target to 0.25 percent

March 27, 2020 | Posted by: Roar Solutions

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. T ...

read more
Should You Pay Off Your Mortgage Early in Cambridge - Guelph and Surrounding areas?

Should You Pay Off Your Mortgage Early in Cambridge - Guelph and Surrounding areas?

February 18, 2020 | Posted by: Michael Croitoru

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 ex ...

read more
Should You Refinance Your Mortgage?

Should You Refinance Your Mortgage?

January 9, 2020 | Posted by: Michael Croitoru

There is a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether ref ...

read more
Should You Spend the Full Mortgage Amount You're Approved For?

Should You Spend the Full Mortgage Amount You're Approved For?

December 31, 2019 | Posted by: Michael Croitoru

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 more
Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

December 24, 2019 | Posted by: Michael Croitoru

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...

read more

Free Cambridge, Guelph, Kitchener, Waterloo and Ontario Mortgage Guides

Download our guides for free. A great way to learn a bit more about mortgage refinancing, renewals and much more.

Let's Get Started
users image

Hi, How can I help you?