The COVID-19 virus is affecting people and their employment across Canada and many are making tough decisions on the future of their mortgage. If you are considering deferring, please ask you lender about your insurance premiums.
Deferrals are being approved on a case by case basis by mortgage holders. I have had many questions so thought I would explain the process.
Last week, the Bank of Canada dropped their overnight rate by 0.50% and lenders have been responding. Learn how this rate change may affect your mortgage payment.
Saving enough for your retirement can be a challenge. There is a way to acquire the equity in your home without having to move or sell. Barb explains what a reverse mortgage is and how it could benefit you.
Building a team of professionals to support you through your real estate transaction is essential. Let me explain why a lawyer is an important step towards success.
Today, the Bank of Canada announced that they have maintained the overnight rate. Barb Pinsent from Mortgages by Barb takes a look at how this could affect your interest rates:
Don’t pay your mortgage for 25 years. Take control of your payment options to build equity and save money over the life of your Mortgage.
Barb recommends these steps to help reduce your mortgage:
Whether you are buying your first home, your next home, downsizing or looking for a vacation home, creating your winning team to help you buy your home is an important step towards success.
With the Federal Government’s Home Buying Plan, First Time Home Buyers can borrow up to $35,000 of their RRSP savings to help finance their downpayment on a home. Learn more here:
The Bank of Canada has maintained their overnight rate again today. Learn what this may mean for you and your loans: