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Five Reasons You Should Get Preapproved for a Mortgage Before You Begin House Hunting

Matrix: Five Reasons You Should Get Preapproved for a Mortgage Before You Begin House Hunting   Are you in the market to get a new home? Congratulations! But before you start looking at real estate listings or picking out curtains, you’ll want to give your friendly neighborhood mortgage broker a call and get pre-approved for […]

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Reverse Mortgages are More Popular than Ever

Reverse Mortgages are More Popular than Ever   More Canadian seniors than ever before are turning to reverse mortgages to help them supplement their retirement income. The balance owing on reverse mortgages at the end of March of this year was $2.404 billion – that’s up 2.44% from the month prior and up 24.57% from […]

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Millennial Migration Due To Red Hot Market

The numbers are in: Canadian home prices have been growing by 2.0% per month on average, and 10.9% year-over year. The red-hot Toronto market saw a 3.1% increase in home prices, and Vancouver had a 2.3% increase despite the new foreign home buyer tax. Canada’s booming real estate segment and competitive bank lending is contributing […]

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