New to Canada Mortgage Program
Are you considering a move to the Great White North? Are you thinking about moving to Canada? Or you’ve moved to Canada in the last five years? If so, then you’ll want to know about the new to Canada mortgage program. In this guide, we’ll walk you through how you can own a home in […]
Debt Consolidation for Homeowners: Get approved now!
Research shows that Canadian homeowners tend to have more debt than non-homeowners. Racking up debt with credit cards or your mortgage influences your credit rating, impacting your approval odds for future loans. Fortunately, options such as debt consolidation for homeowners can help you control this debt before it gets out of control. Learn more about your […]
Should You Refinance or Renew Your Mortgage?
In Canada, homeowners can refinance mortgage terms and renew them, but which one is the better option? One of the overlooked benefits of buying a home in Canada is being able to change mortgage terms every few years. However, many homeowners have a hard time choosing between mortgage renewal and refinancing. This can prevent them from […]
Purchase Plus Improvements Mortgage in Canada
Purchase Plus Improvements Mortgage in Canada are becoming more popular. Many homes have great locations and good bones. But, more and more homeowners want to renovate to accommodate their needs and fashion style. If you found the perfect home that needs upgrades or repairs but extra money is scarce, then a purchase plus improvements mortgage […]
What is a cryptocurrency and blockchain
ledgerCryptocurrencies are an emerging form of technology that is an alternative to fiat currency. The most well-known form of cryptocurrency today is Bitcoin, which uses a blockchain as its ledger, but there are other currencies that use other ledgers, such as the Directed Acyclic Graph to store their transaction records. Fans of cryptocurrencies believe these […]
What to Know When Considering Poor Credit Mortgage Refinance Options
While summing up the ups and downs of 2020, Canadian Mortgage Trends observed that mortgage rates in Canada weren’t just low to end off the year. They were historically low. So much so that HSBC was offering the lowest Canadian mortgage rate ever. In a financial environment where low rates are big news, there’s a lot to […]
How to Refinance Your Mortgage After Bankruptcy
How to Refinance Your Mortgage After Bankruptcy How to Refinance Your Mortgage After Bankruptcy? We get this question a lot and we hope to provide you some insight into how to accomplish this. Bankruptcy is an important tool that allows those who have fallen on hard times to ‘reset’ themselves financially, erasing their debts and […]
Divorce and Spousal Mortgage Buyout
Divorce and spousal mortgage buyouts happen more than you’d think. Out of 87 countries, Canada has the 29th highest divorce rate as one in every 309 adults is divorced. Getting a divorce is difficult and even harder when you have a joint mortgage. There are different options to choose from to overcome a joint mortgage. […]
Be Mortgage Free Sooner With These 3 Effective Techniques
Be mortgage free sooner with these 3 effective techniques. Homeownership offers families a significant amount of peace of mind, but it comes at a high price. It’s rare that someone can afford to purchase their home outright. Mortgages are considered one of the few forms of debt that is considered a ‘good idea’. A home […]
Basement Renovations: Costs and Ideas
Basement Renovations – Costs and Ideas. In 2019, Canadian homeowners shelled out $80.1 billion in order to renovate their homes. However, it was expected that due to the COVID-19 pandemic, the numbers for 2020 wouldn’t be as high. At the same time, people have been spending way more time at home than is usual because of […]