How to Handle a Mortgage after a Separation or Divorce

Going through a separation or a divorce is very difficult, and there is a lot to consider, including the mortgage you once shared with your spouse. Deciding who gets the house and whether or not you should sell can be very challenging, and resolving this matter can take time. It is important that you have…

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FREE Mortgage Payment Contest – Great Chance to WIN

Here we are half way through 2021 (time is flying by and summer is now here!) and with EasyApproval.ca – one lucky client will be getting a FREE Mortgage Payment… and your chance to win could be close to 1 in 50 – What would you do with the money you save when EasyApproval.ca makes…

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Time is Running Out to beat the Mortgage Stress Test…

June 1st at Midnight. If you are thinking of refinancing or are buying a new home, the rules for the stress test will change (qualifying rate will increase from the current 4.79% up to 5.25%) making your budget tighter; reducing your borrowing power – and making your maximum borrowing limit that much less. So, if…

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Making YOUR Mortgage as Easy as Possible…

“Happy Clients” are the best reward for any business… and “Great Reviews” are the icing on the cake! Trust EasyApproval.ca for YOUR financing and see the difference yourself – Call Today and “Let’s Get Started!”

Fixed or Variable Mortgage Rate – Which One Should You Choose?

If you’re trying to decide between a fixed or variable mortgage rate, you need to look into the advantages and disadvantages of each option so that you can make an informed decision. If you’re not sure which way you should proceed, the following guide will help you weigh the benefits and risks associated with each…

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Mortgage Pre-Approval Checklist

If you are looking to buy a home, a pre-approval is a must because this will provide you with accurate information regarding the amount you can afford. Assuming is never a good idea because you may think you qualify for a certain amount when in reality, you qualify for a lot less. To prevent this…

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Will This Be The Thing To Slow The Housing Market Down?

This is news that just came across minutes ago (April 8th 2021) that could be important news for those out there looking to buy: The Office of the Superintendent of Financial Institutions (OSFI) is opening consultations today on a proposal to uncouple the uninsured mortgage stress test from the Bank of Canada’s posted 5 year…

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A Particularly Special Review…

I was referred to Peter by my Realtor, she said this guy is very knowledgeable in the market and you can trust him to find a solution for you. Peter did not disappoint. I had no idea about securing a mortgage and Peter took me through every step, provided multiple options and ensured I understood…

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Why Are Mortgage Rates Rising?

Now don’t get me wrong – we are STILL in a period of historically low mortgage rates… but they are on the rise and we have been telling anyone that would listen that “it’s because of the bond market”. Long story short – when bond yields go up, they rise because demand for the underlying bond is…

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Good Enough for Warren Buffett? “Good Enough for Me!”

Okay – I for one am not about to argue with him as far as investment and financial advice goes… so when he thinks “it’s time to refinance your mortgage” – it’s probably “go time”. Here is the very recent article (from Yahoo) that explains: If you own your own home and haven’t refinanced in…

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