As a homeowner you have worked hard to make your home just the way you want it. So, the prospect of losing your home can be scary and emotionally devasting. But that is exactly what can happen if you begin missing or falling behind on your mortgage payment. When a mortgage holder starts to miss […]
During difficult times, finances may get tight and force you to make decisions you really don’t want to make. For those tough times, when it comes to houses, you may be faced with the possibility of being forced to sell your home. There are two ways this sale can occur. One way to sell is […]
For some homeowners, the idea of taking out a second mortgage sounds scary – after all, how can they manage two mortgage payments. But when you take out a second mortgage in order to pay off debt, the result is often that you end up saving money because you are lowering the total interest rate […]
Bad credit mortgage Have you missed any credit payment in the past? Are you worried about your mortgage repayment? Is bad credit getting in the way of realising your dreams? If your answer to any of these questions is ‘yes’ then you can reach out to us and we’ll help you get through this cycle. […]
The last five months have been full of surprises, especially in the Canadian housing market. The great news is that there is a strong surge that has been observed in sales after the spring slump, and this growth seems to be gaining strength as we move into fall. Homeowners are happy with their purchases and […]
What a year 2020 has been for the marketplace: massive job losses, an erratic stock market, and low interest rates caused by the pandemic have some Canadian seniors thinking about getting a reverse mortgage. Since March, reverse mortgage borrowers racked up an extra $113.04 million in reverse debt, which is about 30% lower than the […]
The financial hardships due to COVID-19 have become very real for business in Ontario. Statistics Canada indicates that the pandemic has led to a significant in crease in business closures, and a decrease in business openings. In April 2020 business closures were more than twice than what was observed in April 2019, and openings fell […]
Greater Toronto is following a current North American wide trend – flight to the suburbs. There’s been a surge of real estate sales, and this is due largely to the detached suburban segment. Suburban inventory is becoming significantly tighter compared to last year. Greater Toronto real estate is seeing a big jump in sales, and […]
Many people who make a living in Vancouver cannot afford to buy a detached home in the city. Like in many larger cities, people will commute to the suburbs, where freestanding houses cost less. It appears that there have been some shifts in the Vancouver Market, and Matrix Mortgage Global was curious as to exactly […]
Small (new) to medium businesses in Canada are significant contributors to the economy of the country. Covid-19 has made it difficult for small to medium businesses to thrive the way they would if the economy was stronger, so the federal government has brought in various programs to nurture the growth of these businesses. The team […]
