Karista Blog
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I've Never Heard of That Lender Before?

mortgage, Blog

Read in Tagalog

One of the benefits of working with an independent mortgage professional; compared to getting your mortgage through a single institution, is choice. And as there are even more mortgage rules coming into place January 1st 2018, (read about them here) now more than ever, having access to a wide variety of mortgage products is going to ensure you get the mortgage that best suits your needs.

Bank of Canada Rate Announcement Oct 25th, 2017

mortgage, Announcements, Blog

Read in Tagalog

The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Finance, mortgage, Blog

High borrowing rates are a relic.
 

What you Need to Know About the Latest Mortgage Rule Changes

Finance, mortgage, Announcements, Blog, Economy

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If you've tuned into the news today, you've probably heard that there are new mortgage rules coming into effect on January 1st. 2018. Over the next week you'll most likely hear a lot of commentary on whether these rules are good, bad, necessary, or unnecessary. And no doubt someone somewhere will come to the conclusion that no one will ever get a mortgage again, and that the housing market in Canada is going to come crashing down around us. Please remember that it's the media's job to write headlines and attract eyes, so they tend to sensationalize everything. Take what you hear with a grain of salt. Mortgages will still be written, and houses will still be bought.  

How Does Your Credit Score Hold Up?

mortgage, Blog

 

In an article released by the Canadian Mortgage and Housing Corporation (CMHC), it appears that those people who have a mortgage tend to be a little more credit worthy compared to those who don't. It also points out that credit scores are quite steady across Canada. 

Bank of Canada Rate Announcement Sept 6th, 2017

mortgage, Announcements, Blog

Read in Tagalog

The following is the Bank of Canada rate announcement released this morning, if you have any questions about what this rate increase means for you and your mortgage, please don’t hesitate to contact me anytime. If you’re a fixed rate mortgage holder, this change doesn’t impact you, however if you are a variable rate mortgage holder, you can expect to see an increase in bank prime, most likely by a 1/4 per cent. 

What is Bridge Financing?

mortgage, Blog

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Let's say you have a home that you've outgrown, it's time to make a move to something more suited for your family. You have no desire to keep two houses, so you decide that selling your existing home, and moving into something new is the best idea.

Homebuyers: Avoid These Common Mortgage Pitfalls

mortgage, Blog

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A home is the largest purchase most people will make in their lives.

Bank of Canada Rate Announcement July 12th, 2017

mortgage, Announcements, Blog

Read in Tagalog

The following is the latest Bank of Canada rate announcement, if you have any questions about what this rate increase means for you and your mortgage, please don't hesitate to contact me anytime. If you're a fixed rate mortgage holder, this change doesn't impact you, however if you are a variable rate mortgage holder, you can expect bank prime to be going up at the beginning of next month. 

Bank of Canada Rate Announcement May 24th, 2017

mortgage, Announcements, Blog

Read in Tagalog

The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.