Mortgage News
Canadian Mortgage Blog by Chris Marriner
You will learn about the different types of mortgages available, such as fixed-rate and adjustable-rate mortgages, and the pros and cons of each. You will also be informed about the mortgage application process, including how to prepare and what documents you’ll need. Additionally, you will find informative articles on topics such as credit scores, down payments, interest rates, and other important financial considerations that will help you make informed decisions when it comes to securing a mortgage. My blog provides a wealth of information that will empower you to make the best possible decision for your financial future.
Bank of Canada reduces policy rate by 25 basis points to 3%
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at
How to Secure Your First Mortgage in Canada in 2025
Buying your first home is an exciting milestone, but securing your first mortgage can feel overwhelming, especially with Canada’s ever-evolving housing market. If you’re ready
When Does It Make Sense To Refinance Your Mortgage?
When does it make sense to redo your mortgage? Refinancing might be the right choice, for the right reasons. Looking to refinance your mortgage? We
Fixed vs. Variable Rate Mortgages: Understanding Your Options
One of the biggest decisions you’ll face when getting a mortgage is choosing between a fixed-rate and variable-rate option. Both have distinct advantages so understanding
Steps to Take When Renewing Your Canadian Mortgage: The Importance of a Mortgage Broker
Mortgage renewal is a significant financial milestone for Canadian homeowners. It’s an opportunity to reassess your mortgage terms, explore potential savings, and ensure your home
Why Your Canadian Mortgage Payment is Mostly Interest at First (and How It Changes)
Ever wonder why your early mortgage payments in Canada seem to vanish into thin air? It’s not magic (although it might feel that way sometimes!).
Why you shouldn’t fear a credit score drop when applying for a mortgage
In the complex world of home financing, a common concern among our clients involves the impact of credit inquiries on their credit scores. Often, the
A Guide to Canada’s Home Buyers’ Plan (HBP) and First Home Savings Account (FHSA)
This blog post will explore two government programs designed to help Canadians achieve the dream of homeownership: the Home Buyers’ Plan (HBP) and the First
What Are the Rules for Buying a Second Home in Canada?
Owning a second home in Canada can be a fantastic investment opportunity, a personal getaway, or a way to help family members. But before you