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What to Look For When Buying a Family Home

Posted onFebruary 28/2022By

Home prices have been rocketing upwards at historic speeds since the start of the pandemic, with average prices in Toronto peaking over $1,163,323 as of December 2021. If you are looking for your next family home, daunting figures like these might be your only focus. At Northwood Mortgage, however, we believe that your search should be based on more than just price. That’s why we have put together this list of what to look for when buying a family home: Is the house the right size? Is the neighbourhood a good fit? Do you have the right team supporting you?…

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The 4 Most Important Questions to Ask Your Mortgage Broker

Posted onFebruary 21/2022By

Working with a mortgage broker is the best way to find the home you love at the rate you can afford—if you ask the right questions. At Northwood Mortgage, we want to ensure you get the best value from your broker. For this reason, we recommend asking the following questions: How long is my term to maturity? Should my mortgage be open or closed? Should my mortgage be fixed or a variable rate? Am I getting the best options? Let’s begin with the first most important question. 1. How long is my term to maturity? In Canada, mortgages are structured…

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Why 2022 Is a Great Time to Invest in Real Estate

Posted onFebruary 14/2022By

Every new year brings new resolutions, whether you intend to read more, eat well, or stress less. Some of these resolutions are easier to maintain than others. Some of them can even change your life. At Northwood Mortgage, we believe you should resolve to make 2022 the year you invest in real estate. In this short article, we will outline three main reasons why: Real estate is experiencing explosive growth Investing in real estate puts you in control Our plans can meet your investment needs Let’s begin by looking at the first reason making the most headlines. 1. Real estate…

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Everything You Need to Start Your Own Auto Shop

Posted onFebruary 07/2022By

As a mechanic and an entrepreneur, opening your own auto repair shop offers you an opportunity to do what you love on your own terms. At Northwood Mortgage, we want to help you realize your small business ownership dreams. That is why we have put together this list of everything you need in order for your small business to succeed. Let’s begin with the first and most crucial step. You Will Need a Good Plan Rome wasn’t built in a day, nor was it built without a plan. If you want to succeed in the world of small business, you…

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