General Nathan Lawrence 18 Jan
Ever wonder what happens to bank accounts that are inactive, forgotten about and left unclaimed? The answer to that question is that you probably haven’t. I know the thought of it never really crossed my mind and I bet that would be the case for most Canadians. My initial thought was “Seriously? Who forgets they […]
Read MoreRefinance Nathan Lawrence 8 Nov
Many of my clients and friends regularly ask me when or if they should consider a refinance. Here are 4 quick questions that I ask of them. The answer they give me, will very quickly tell me if we should be taking a deeper look at the mortgage refinance options available to them. What do […]
Read MoreGeneral Nathan Lawrence 19 Oct
What you need to know: Over the past few months, the government has been once again reviewing mortgage lending rules and working on changes to those rules. Earlier this week, OSFI which is the regulator that governs how Federally Regulated Lending Institutions do business, announced changes to the Mortgage Qualifying Rules. […]
Read MoreGeneral Nathan Lawrence 4 Oct
More Mortgage Rule Changes on the way?? One of the only guarantees in life is change. Over the past few years, the real estate and mortgage markets have been in a constant state of change due to a high number and frequent amount of regulatory changes. Currently the industry is bracing for another round of […]
Read MoreGeneral Nathan Lawrence 2 Oct
Our Home Buyers Guide Purchasing a home can feel like an overwhelming process…Our Home Buyers Guide is a great resource…There is a lot to consider: Income Down Payment Credit History and Score Rate Options, term lengths and Fixed vs. Variable Countless lenders to choose from Government Lending Rules Our Team is here to help you […]
Read MoreInterest Rates Nathan Lawrence 13 Sep
This past week the Bank of Canada increased their lending rate for the 2nd time in as many months. The changes in the Prime Lender Rates means that those with a variable mortgage rates will have seen that their mortgages rates adjusted alongside the changes to Prime Rate. For those of you with variable rates, […]
Read MoreFirst Time Home Buyers Nathan Lawrence 28 Jun
If you are a first-time home buyer there is a good chance you’ve never heard some of the common words associated with mortgages. A good mortgage agent will guide you through and explain each step of the process to you, and if you don’t understand something be sure to ask questions. To help you prepare […]
Read MoreRenovations Nathan Lawrence 30 May
In previous posts (links shared below) we have discussed in detail both refinances and purchase plus improvement mortgages. Both of which are tools that can help either a current home owner (refinance) or a home purchaser (Purchase Plus Improvements) structure the mortgage in a such a way which allows the client to roll the cost […]
Read MoreRefinance Nathan Lawrence 24 May
Every year our team recommends a quick review of your mortgage and overall financial picture. The majority of those annual reviews lead to quick and simple changes such as a payment increase to tackle your mortgage debt quicker, making a one time lump-sum payment or a change to the payment schedule to better line up […]
Read MoreFirst Time Home Buyers Nathan Lawrence 8 May
In a competitive real estate market or a market that is suffering from a lack of available listings, the Purchase Plus Improvements mortgage could be your saving grace. Regardless of whether you’ve just started your search for a new home or if you’ve been hunting for months, this is something that you should be thinking […]
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