My Mortgage Experience

03/10/2021

What is the Bank of Canada's current policy interest rate? When does the Bank of Canada announce its overnight rate? When is the next announcement? What factors did Bank of Canada consider in its latest decision? Bank of Canada's Overnight Rate On March 10, the Bank of Canada maintained its

03/09/2021

Be strategic with your credit score. Hard inquiries can be planned so your credit score is the highest possible when applying for a mortgage. This may open the doors to more lenders!

02/11/2021

Investing is not all about money but also time. Investing in yourself is more accessible than ever. Once you have chosen a goal, align your everyday activities to help you support that goal. Who you follow, what you read and what you discuss with friends and colleagues are just some of the easy everyday things that can help you get closer to your goals.

02/04/2021

02/04/2021

When monitoring your credit, remember that in Canada, there are two credit bureaus. Lenders may use any of the two. Monitoring for accuracy in each report is an essential step in preparing for a mortgage.

01/26/2021

The fact that it’s taking time doesn’t mean it’s not happening. The road to homeownership can be discouraging sometimes. Make sure to keep track of your progress in savings, credit score, debt repayment, etc. All these will help give you a clearer picture of how far you’ve come.

01/20/2021

Turbocharge your financial goals in 2021! Home equity is a powerful tool for financial freedom.

Have questions? DM or comment below!

Source CREA.ca

01/19/2021

One way you can improve your credit score is by requesting or accepting a credit limit increase. It will have an immediate effect and help you reduce the percentage of your available credit.

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This tip does require a special warning! It requires discipline on your part to maintain your credit card usage in check.

The most significant risk is using the newly available credit balance; if unchecked, further increasing debt load is likely.

01/18/2021

Save yourself time! Getting a mortgage is a matter of preparation and knowing what's important for lenders. Sometimes a 5-minute crash course can save you months.

Save yourself time! Getting a mortgage is a matter of preparation and knowing what's important for lenders. Sometimes a 5-minute crash course can save you months.

01/18/2021

2020 ended with a bang, let’s see what 2021 brings!

Check out our December snapshot to gain a better understanding of current 🇨🇦 housing markets. Remember to share this info with your clients! 👇

01/18/2021

On this blue Monday remember to thank yourself!