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mortgage stress test

3 Practical Tips to Help You Pass the Mortgage Stress Test

It just got a little tougher for Canadians to get approved for mortgages. As you may know, new rules introduced the beginning of 2018 introduced a stress test – the goal of which is to make sure that homeowners are ...

7 Tips on Getting the Best Interest Rate for Your Mortgage

Are you getting the best interest rate for your mortgage? Many homeowners aren’t. We all want to get the best interest rates possible and keep more money in our pockets. But too many people rush through the mortgage qualification or ...
mortgage

Get Your Mortgage in 5 Easy Steps – Here’s How

Are you planning to buy a home in the near future? Getting a mortgage can be intimidating for first time home buyers. It’s a necessary process if you want to own a home in Canada, but it doesn’t have to ...
private-lenders

Private Mortgages vs. Chartered Bank Mortgages – What Is the Difference?

Shopping for a mortgage can be stressful. You want to make the right decision. You want to get a good interest rate. And most importantly, you don’t want to make a mistake. In most cases, this means that many homeowners ...
refinance

5 Reasons Why Now Is a Good Time to Refinance Your Home

Making the right financial decisions is important, especially when it comes to your home and mortgage. Waiting for the right time to refinance your home can make a big difference in the outcome. Choosing to refinance provides you with the ...

Supporting the Scarborough Community Renewal Organization

Scarborough Community Gets A Voice  Shawn Allen, Principal Broker of Matrix Mortgage Global is an active member of the Scarborough Business Community and sponsors the Scarborough Community Renewal Organization (SCRO). Last month SCRO held their first annual general meeting and officially ...

Unitri Gives Way to More Units

  The Unitri cube houses, a Toronto landmark located a minute north of Matrix Mortgage Global’s office in the Canary District, are for sale. To be more precise, the little pie shaped plot of land above which the three cubes ...

Is A Reverse Mortgage Right For You?

For elderly homeowners on a tight budget, the reverse mortgage program provides much needed cash flow relief. Reverse Mortgages are designed for older home owners who need access to their home equity in order to subsidize their income. With a ...

Why Should You Sell Your GTA Home Now?

Why Is Now A Good Time To Sell? Given the political and economic landscape of our neighbours to the south, Canada is largely considered to be a more ideal place to own property. With low interest rates and home price ...

GTA Real Estate Market in Review: 2016

The Greater Toronto Area's 2016 real estate market closed with record-breaking highs in housing prices and the lowest number of new listings in over a decade. High demand and low supply characterized the GTA’s 2016 housing sector, a trend we ...

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