by Marco Abballe | Jul 7, 2023 | Blog, Homeownership, Mortgage
Looking to buy your first home? Saving up for your down payment can seem virtually impossible unless you have a plan in place. Fortunately, there are more savings options available today than ever before. There are three main savings accounts you can use to your...
by Marco Abballe | Jun 20, 2023 | Blog, Finance, Mortgage
As Canadian households grapple with mounting debt and rising interest rates, one area seems to be holding steady amidst the storm: mortgages. While credit cards and vehicle loans experience a worrisome increase in delinquency rates, mortgages have managed to maintain...
by Marco Abballe | Jun 2, 2023 | Blog, Finance, Mortgage
A lot can change over the course of your mortgage term – regardless of its length – including your income, debt load and interest rates, to name a few. That’s why it’s important to undergo a free annual mortgage checkup with your mortgage agent to ensure you’re saving...
by Marco Abballe | May 5, 2023 | Blog, Economy, Mortgage
Canada Mortgage and Housing Corporation (CMHC) expects home prices to bottom out this year, but they aren’t expected to fall below pre-pandemic levels. That was the takeaway from the agency’s spring Housing Market Outlook, which said weaker growth and higher mortgage...
by Marco Abballe | Mar 17, 2023 | Blog, Homeownership, Mortgage
It’s no surprise that many Canadians are feeling the pinch of higher inflation, higher interest rates and higher home prices. But an overwhelming majority continue to believe real estate is a good long-term investment. The latest information from Mortgage...
by Marco Abballe | Mar 3, 2023 | Blog, Homeownership, Mortgage
Are you worried about being turned down for a mortgage or not being able to renew with your existing lender? If so, you’re not alone. Mortgage qualification is more difficult right now due to higher interest rates and lower property values. Fortunately, mortgage...
