Mortgage Blog
Cambridge - Guelph and Surrounding area Mortgage Solutions Made Easy!
Category: Mortgages (11 posts)
Purchase Plus Improvements Mortgages in Ontario
November 24, 2024 | Posted by: Michael Croitoru
Have you ever wondered how to buy a house that requires upgrades when you only have the capital to support the required down payment and closing costs? We have compiled all the information needed to m ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 moreShould 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 ...
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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 ...
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