Common mistakes made by first-time homebuyers... And how to avoid making those first-time homebuyer mistakes! I tend to revise this list from time to time, based on what I'm seeing with my clients.
Mortgage strategies - Page 7 of 16
Do your own personal stress test There's been a lot of nervousness about the latest rendition of the mortgage stress test. There's now only a minimal purchasing power boost if you put more
Fixed or variable rate mortgage: is rate the only thing to look at? One of the biggest questions you'll face when planning your mortgage? Whether to lock in to a fixed rate or
Don't be nervous about getting a mortgage, a broker can help! One-third of Canadians already use a mortgage broker when getting a new mortgage (source: CAAMP). And a report from the Bank of
Set yourself up for homebuying success Buying a new home soon - say in the next year or two? It's a very exciting time! Even if you're not a first-time homebuyer, you
I'm a Toronto-based Mortgage Broker. My focus: to mentor and educate first-time home buyers, people with less-than-perfect credit, and people in business for themselves, to make the best mortgage choices for them.