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…
DetailsThis 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…
DetailsI 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…
DetailsNow 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…
DetailsOkay – 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…
DetailsFrom mortgagebrokernews.com Both corporations and households are more indebted now than they were in 1990, the last time the Canadian housing bubble was said to have popped due to a recession. While debt levels in Canada are far higher today than they were 30 years ago, interest rates are also far lower. Conventional rate on…
DetailsWhen you trust EasyApproval.ca to help with your financing, you’re getting access to great service AND great rates… and as part of the “Top Team in Canada” for INVIS/ Mortgage Intelligence, you can be sure you’re dealing with the best. Let’s add the “Cashback” offer along with the “Free Mortgage Payment Contest” and you have…
DetailsI think we can all agree, “there is no place like home” but there can be times when payments can get in the way… and who wouldn’t like a payment vacation next January? This year EasyApproval.ca wants to give back to those “Buying, Refinancing or Switching” by giving one lucky winner “One Month FREE Payment”.…
DetailsSo your mortgage is up for renewal this year?… “Congratulations – couldn’t come at a better time!” since mortgage rates are at historic lows. Want to make it even better? Switch your mortgage with EasyApproval.ca and not only will your have your own “Personal Mortgage Advisor” on YOUR side (making sure YOU get a great…
DetailsYour mortgage might be coming up for renewal this year… so it’s better to make sure your credit is in good enough shape to get at the great rates that are out there! Creditors can make mistakes on your report that can “make or break” your mortgage rate. If there are mistakes on your…
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