16 Feb

Understanding Your Mortgage Rate

General

Posted by: Georgina Shorten

It might surprise you to know there are 10 major factors that affect the interest you will pay on your mortgage. Knowing these factors will not only prepare you for the mortgage process but will also help you better understand the mortgage rates available to you. Credit score Not surprisingly, your credit score is one […]

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22 Jan

How Mortgage Rates Are Determined

General

Posted by: Georgina Shorten

Chances are you’ve heard of the two most common mortgage product types: fixed and variable (sometimes called adjustable). But did you know that interest rates for each type are determined by different factors? While both fixed and variable mortgage rates are impacted by a consumer’s financial health, they are also affected by two distinct large-scale […]

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30 Nov

Til Debt Do Us Part: Mortgage Advice for Divorce

Mortgage Tips

Posted by: Georgina Shorten

When couples divorce, they not only divide assets—they also divide debts. Usually, a couple’s biggest shared debt is the mortgage on the family home. Couples going through a separation or divorce have a few options when it comes to dealing with a mortgage. Sell the Home Selling your home is the most straightforward option from […]

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24 Oct

Four Legal Pot Plants, what are lenders Doing?

General

Posted by: Georgina Shorten

As we all know, recreational marijuana is now legal in Canada. The law is set, but implementation and how policies and guidelines will impact our industry are yet to be determined. Generally, 30 grams for personal possession and up to 4 plants at home. For realtors, mortgage brokers and their clients we are facing many […]

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