Mortgage Tips Jag Dhamrait 8 Feb
A second mortgage is a mortgage that is taken out against a property that already has a home loan (mortgage) on it. Generally, people take out second mortgages to satisfy short-term cash or liquidity requirements, have an investment opportunity or to pay off higher-interest debts (such as credit cards and student loans) that a second […]
Read MoreMortgage Tips Jag Dhamrait 18 Jan
Did you know? Reverse mortgages are continuing to gain popularity for older homeowners in Canada! For many Canadians who are looking to retire but currently facing high debt load and ongoing expenses, as well as reduced income, it can be a challenge. This is where the reverse mortgage can help! This product is also a […]
Read MoreMortgage Tips Jag Dhamrait 15 Jan
There are many insurance products when it comes to your home, but not all are created equal. One such insurance policy that potential homeowners may encounter is known as “title insurance”. This particular insurance is designed to protect residential or commercial property owners and their lenders against losses relating to the property’s title or ownership. […]
Read MoreMortgage Tips Jag Dhamrait 10 Jan
The holidays are a season of giving and often times, households can often find themselves carrying some extra debt as we enter the New Year. If you happen to be someone currently struggling with some post-holiday debt, that’s okay! Whether you’ve accumulated multiple points of debt from credit cards or are dealing with other loans (such […]
Read MoreGeneral Jag Dhamrait 19 Jan
There has never been a better time for your annual mortgage health check-up! By organizing a quick mortgage review each year, it may yield you some fruitful financial savings. Your home loan review this year will examine the most common potential monthly savings opportunities, including high-interest credit card debt or fixed loan payments. Reviewing your […]
Read MoreHome Tips Jag Dhamrait 4 May
We are in full swing in spring and I have a few great tips to help you get your yard ready this season! Clean Up Your Yard: Remove any branches or other debris that has piled up over the winter months and then rake out dead grass and old leaves to help your lawn start […]
Read MoreMortgage Tips Jag Dhamrait 28 Apr
Canada has seen a surge of international migration over the last few years. In 2019, we welcomed a total of 313,580 immigrants to the country! This is an increase of 40,000 individuals when compared to 2017 numbers. According to planned immigration levels, it is estimated that Canada will receive 341,000 permanent residents in 2020. In […]
Read MoreLatest News Jag Dhamrait 9 Apr
Canada’s bank regulator, The Office of the Superintendent of Financial Institutions (OSFI) announced on April 8, 2021, that it will restart a review of the stress test rate on uninsured mortgages. If approved, the qualifying stress test rate will move higher from 4.79% to 5.25% or two percentage points above the market rate, whichever is […]
Read MoreMortgage Tips Jag Dhamrait 6 Apr
Did you know? Reverse mortgages are continuing to gain popularity for 55+ homeowners in Canada! For many Canadians who are looking to retire but currently facing high debt load and ongoing expenses, as well as reduced income, it can be a challenge. This is where the reverse mortgage can help! This product is also a […]
Read MoreGeneral Jag Dhamrait 3 Apr
In the last decade, climate change and energy efficiency have become top of mind for many Canadians. From wanting to do our part by recycling to making our home as energy efficient as possible, there are so many benefits to being environmentally and energy conscious. If you are looking to cut costs or simply want […]
Read More