Real Estate Blog for Buyers & Sellers

Category: Mortgage Financing (8 posts)

  • July 15, 2020
  • Chris Pappas

July 15 - 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1

  • June 3, 2020
  • Chris Pappas

When Is Mortgage Refinancing a Bad Idea in Toronto, Ontario?

Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when int

  • April 15, 2020
  • Chris Pappas

5 Smart Ways to Use a Home Equity Line of Credit

For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a

  • April 1, 2020
  • Chris Pappas

What should you consider when refinancing your mortgage in Toronto & GTA?

Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y

  • February 18, 2020
  • Chris Pappas

Should You Pay Off Your Mortgage Early in Toronto, ON?

It's a dream to be able to pay off your mortgage early, but is there a downside?  While it sounds like a great idea, there are some factors to consider before doing so.  This article will ex

  • January 8, 2020
  • Chris Pappas

Should You Refinance Your Mortgage in Toronto, Ont?

There is a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether ref

  • November 20, 2019
  • Chris Pappas

Easy Ways to Repay Your Home Loan Early and Free Up Cash for Family Adventures

Most home buyers take out a mortgage to help finance buying a home. As a result, many homeowners are faced with a monthly mortgage payment during the time they are raising their children or sending th

  • September 19, 2019
  • Chris Pappas

Why You Need an Emergency Fund - And How to Get One

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a