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Category: Mortgages (32 posts)

Don't sign that renewal

January 31, 2023 | Posted by: Tania Kalinich

Too often when mortgage renewal dates approach, consumers simply sign the offer from the bank without much research. It's important to remember ... [read more]

Multi-Family Lending: What You Need To Know About Hard Money Loans in Maple Ridge & Pitt Meadows, BC

March 1, 2021 | Posted by: Tania Kalinich

Multi-Family Lending: What You Need To Know About Hard Money Loans Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used trad ... [read more]

Why Borrowers May Choose a Private Mortgage

February 17, 2021 | Posted by: Tania Kalinich

Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the ... [read more]

How to Handle a Mortgage After a Separation or Divorce in Maple Ridge & Pitt Meadows, BC

February 5, 2021 | Posted by: Tania Kalinich

Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq ... [read more]

Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program

October 28, 2020 | Posted by: Tania Kalinich

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. ... [read more]

Reverse Mortgages – Impact on Heirs in Maple Ridge & Pitt Meadows, BC

September 2, 2020 | Posted by: Tania Kalinich

How do Reverse Mortgages Affect Canadian Heirs? For Canadian seniors, there is a great way to get the most out of the equity in their homes. Home prices tend to rise, and equity builds in the prope ... [read more]

When Is Mortgage Refinancing a Bad Idea in Maple Ridge & Pitt Meadows, British Columbia?

June 3, 2020 | Posted by: Tania Kalinich

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 ... [read more]

Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

June 3, 2020 | Posted by: Tania Kalinich

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 ... [read more]

5 Smart Ways to Use a Home Equity Line of Credit

April 15, 2020 | Posted by: Tania Kalinich

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 ... [read more]

What should you consider when refinancing your mortgage in Maple Ridge & Pitt Meadows, British Columbia?

April 1, 2020 | Posted by: Tania Kalinich

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 ... [read more]

Bank of Canada lowers overnight rate target to 0.25 percent

March 27, 2020 | Posted by: Tania Kalinich

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. T ... [read more]

Should You Pay Off Your Mortgage Early in Maple Ridge & Pitt Meadows, BC?

February 18, 2020 | Posted by: Tania Kalinich

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 ... [read more]

Should You Refinance Your Mortgage?

January 9, 2020 | Posted by: Tania Kalinich

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 ... [read more]

How to Improve Your Chances of Being Approved for a Mortgage in Maple Ridge & Pitt Meadows, BC

December 19, 2018 | Posted by: Tania Kalinich

For most first time home buyers, obtaining a mortgage is a crucial part of the purchasing process. However, being approved for a mortgage is often easier said than done. It can be disheartening to f ... [read more]

The Pros And Cons Of Reverse Mortgages in Maple Ridge & Pitt Meadows, BC

November 21, 2018 | Posted by: Tania Kalinich

No matter how carefully you plan, life can put a dent in your retirement funds. A life-altering accident or illness can turn your life upside down. Dipping into your retirement to meet uncovered expen ... [read more]

Five Surefire Ways to Ensure You are ready to Buy a Home as a Recent College Graduate in Maple Ridge & Pitt Meadows, BC

October 3, 2018 | Posted by: Tania Kalinich

If you are a recent college graduate, you might think that buying a home is still many years off, but that's not necessarily the case. If you dream of homeownership, even as a young adult, there may b ... [read more]

House Flipping 101: How to Prevent Injuries During Demolition Days in Maple Ridge & Pitt Meadows, BC

July 18, 2018 | Posted by: Tania Kalinich

Demolition days are a major perk for those engaging in house flipping. You get to smash kitchens, bathrooms, bedrooms, and living rooms to smithereens as you demolish the interior of the home you're ... [read more]

Planning to Refinance Your Mortgage in Maple Ridge & Pitt Meadows, BC? Ask These 4 Questions First

April 4, 2018 | Posted by: Tania Kalinich

Deciding to refinance is a crucial financial move that can help you make significant savings. When you plan properly, do your research, and take time to evaluate where you stand financially, you'll be ... [read more]

Looking to Invest in Maple Ridge or Pitt Meadows, BC? Pay Down Your Mortgage Instead

January 18, 2018 | Posted by: Tania Kalinich

With all the gloomy news about pension plans in the press you may be worrying whether you should actually be investing in a pension plan or not. A new wave of thinking suggests possibly not. There may ... [read more]

Home Buying 101 - Why the Relationship with Your Maple Ridge, Pitt Meadows and Coquitlam Broker Should Be a Positive Partnership

May 3, 2017 | Posted by: Tania Kalinich

Whether you are looking for your first Maple Ridge, Pitt Meadows, or Coquitlam home or moving up to the home of your dreams, having an experienced real estate broker or agent in your corner is a must. ... [read more]