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Tips to Help Sell Your Home Over the Asking Price

Posted onDecember 27/2021By

Selling your home can take a lot of time and emotional energy. The reality is that even though it’s time for you to move, you likely still have some emotional attachment to your home. This is where you’ve built many memories and spent a significant amount of your time over the years. When it is time to sell your home, however, you’ll need to prepare yourself to have strangers in your space. They’ll be investigating all the corners and crevices of your home, and they may offer you less than your asking price. Here are some tips to avoid that…

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Deciding How Much to Put Down on Your Next Home

Posted onDecember 20/2021By

Most homebuyers need a mortgage to pay for their property. However, a mortgage won’t cover the full price of the home. You’ll need to put some money towards the purchase price from your own pocket. This is called a down payment. A down payment is usually calculated as a percentage of the purchase price. In Canada, 20 percent is what most home buyers aim for because it means you won’t need to pay for mortgage insurance. Even if you don’t have that much, though, you can still make your dreams of home ownership come true. Here is what you’ll need…

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How COVID-19 Could Continue to Affect Your Mortgage Rates

Posted onDecember 13/2021By

COVID-19 has impacted Canada’s housing market in several ways, and the effects will continue for the next couple of years. One of the most significant changes has been a drop in interest rates, which has resulted in a boom in housing sales. However, will mortgage rates continue to stay low, or will they begin to rise? And if they do go up, will real estate sales fall? While we encourage you to talk with your mortgage broker in Ontario, let’s also look at some ways that COVID-19 could continue to affect your mortgage rates. Low Interest Rates in Canada Throughout…

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How to Refinance Your Mortgage to Eliminate Debt

Posted onDecember 06/2021By

Living with debt can be difficult. It adds extra stress to your life and your finances. This may be why many Canadians have been using their resources to pay down their credit card debt during the pandemic. According to statistics, unpaid credit card balances dropped by an average of 18 percent in the last 12 months. If you’ve been looking for some ways to get rid of your debt, then refinancing your mortgage might work for you. What is mortgage refinancing? Mortgage refinancing involves paying off your current mortgage and replacing it with a new one. The process is the…

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