Obtaining a mortgage can be intimidating and confusing. Similar to the buyer and seller guides, I’ve outlined the mortgage process for you in 4 easy steps! 
 
Step 1: Mortgage Application 
 Before an application gets filled out, it’s important to first asses yourself financially. Figure out how much money you have and how much you need to borrow. It’s always critical to sort out how much you can afford so that when you apply for a mortgage you will be able to... [read more]

As inflation continues to send prices higher, the Bank of Canada (BoC) has been raising interest rates in an effort to get things back under control. Since the Bank carried out a successive series of rate hikes from March 2022 to January 2023, the prime rates of most lenders have nearly tripled, from 2.45% to 6.70%. This dramatic leap has prompted public concern about mortgage borrowers reaching their “trigger rate.”  If you have a fixed-rate mortgage, nothing will change... [read more]