Ottawa Housing Market Trends: For Buyers and Sellers The Ottawa real estate market is in a constant state of change and is always adapting to new market factors. For buyers and sellers, this can make navigating the housing market more challenging than usual. This blog post...
How to Refinance Your Ottawa Mortgage: The Complete Guide Refinancing your mortgage is a great way to reduce your monthly payments and save money. In fact, it's the most effective way of reducing the cost of your mortgage. Refinancing also offers a great opportunity to lower...
A Home Inspection is Not a Waste of Money: Learn Why it's Vital to Your Ottawa Home Are you planning to buy a home in Ottawa and are looking for ways to make an informed decision on the property you’re considering? A home inspection is one...
How to Use Your RRSP to Buy a House: A Step-By-Step Guide If you’ve always dreamed of owning a home but don’t have enough for a down payment, using your RRSP to buy a house may be right for you. Using your Registered Retirement Savings Plan...
How to Get a Mortgage in Ottawa: A Beginners Guide If you’re looking to buy a home in Ottawa, you may be wondering how to get a mortgage as a first-time home buyer. While the process can seem overwhelming at first, with some planning and research...
Ottawa Mortgage Broker Services: 5 Reasons Why You Should Choose Us If you’re looking to buy a home in Ottawa, you will likely need to secure financing. To do so, many people turn to mortgage brokers for assistance. A broker can help you find the best...
Finding the right mortgage broker can be tricky. There are so many brokers out there that it can be hard to choose which one is right for you. With so much information available online, it can be hard to know whether or not you’re getting...
The Difference Between Closed and Open Mortgages: Which One is Right for You? What are the differences between closed and open mortgages? Which one is right for you? If you’re thinking of buying a home, you’re probably aware that there are different types of mortgage options...
The Hill is a big part of Ottawa. It’s one of the most recognizable landmarks in the city, and it’s been that way for a long time – Parliament Hill has been welcoming visitors for over 150 years! With so much history and beauty waiting...
If you’re considering a move to Ottawa, you won’t be alone! In fact, it isn’t uncommon for people from all across Canada to relocate there. There are plenty of great reasons why so many choose to call the capital city home. From spectacular natural beauty...
Take the Mystery Out of Your Mortgage Renewal Process When you first go through the process of getting a mortgage, you’ll likely be given a few different options. Your lender will ask how much you want to borrow, and then suggest an interest rate based on...
How to Start Saving Money For Your Emergency Fund Creating an emergency fund is something that many people struggle with. We all know that it’s a good idea to have money set aside for emergencies, but it’s easy to get caught up in day-to-day life and...
How to Get Out of Debt: 6 Strategies for Reaching Financial Freedom It is natural to have expenses and want to purchase things you like. However, if you are constantly spending more than you earn, it can lead to a negative financial situation. Getting into debt...
3 Questions to Ask Yourself Before You Buy a House with a Full Mortgage When buying a house, there are a lot of factors to take into consideration. Whether you’re looking for your first home or an upgrade from your current residence, you need to make...
What Is A Private Lender & What Are the Differences Between Them? Whether you’re shopping for a new mortgage, refinancing your home, or just curious about the different lenders out there, you’ve probably wondered — what is a lender, and what are the differences between Ottawa...
5 Reasons You Should Contact a Mortgage Advisor Now! Buying your first home is a big financial decision and not one to take lightly. Even if you have saved for a down payment, you may not be ready to buy a house yet. Most home buyers...
Buying a Condo in Ottawa: A Guide for First-time Homebuyers Condo living has never been more in vogue. With the cost of ownership continuing to rise, and the prospect of low interest rates fading into the distant past, now is the perfect time for first-time homebuyers...
Everything You Need to Know About Rent-To-Own Mortgages Rent-to-own homes offer advantages over other mortgage options. They may help you get the home of your dreams on less than a traditional mortgage, and they may also be the right option for you if you can’t qualify...
Pros and Cons of a Second Mortgage: The Ultimate Guide to Understanding the Options A second mortgage is a type of mortgage that is secured by the equity in your home. You use this money to make home improvements, pay for tuition, or refinance your mortgage...
3 Ways To Save Money For A Down Payment On A House Down payments are always an important part of the home-buying process. Down payments are typically required for a home mortgage loan and serve as proof that you can afford the monthly payment. For example,...
The Importance of Mortgage Protection Insurance in an Economic Downturn Mortgage protection insurance is a policy that helps protect your home and property if you are unable to make mortgage payments due to death, disability, or involuntary loss. It's important to have this insurance in place so...
Why You Need Mortgage Insurance Buying a home is one of the most important decisions you'll ever make. That's why it's so important to get it right. Whether you're a first-time homebuyer or not, there are plenty of things to think about when you're getting ready...
How To Buy A House in Ottawa: The Comprehensive Guide Whether you're starting a family, your career is taking off, or you just want to get out of the rental market, buying a house is a major step. There are many things to consider: how much...
Your Debt-to-Income Ratio - What Is It and How Can It Affect You? You might notice when you apply for a mortgage or car loan that your lender will ask for your debt-to-income ratio. This is a metric used to measure the amount of debt you...
3 Ways to Qualify for a Home Line of Credit Mortgage loans and home equity lines of credit are two ways to borrow against your home. But, which is better? Loans have a higher interest rate than lines of credit, but the money you get is usually...
What Is a Credit Score & How It Affects Your Life Your credit score is a type of number that lenders and lenders use to determine how likely you are to repay your debt. You may be wondering why this matters, but it can affect the...
The Definitive Guide on How to Eliminate Credit Card Debt One of the most difficult things in your life can be paying off your credit cards. Whether it’s because there are multiple credit cards, the balances on each card are high, or you just don’t have...
Consolidating Debt: What You Need To Know And Consider. Consolidating your debt is a great way to simplify your monthly obligations and save money. It also offers a unique opportunity to pay off your debts more quickly. You can use the following steps as a starting...
Financing Options for Purchasing a Second Property: Use Your Home Equity to Land Your Dream House. Did you know that many homeowners are paying off their mortgage early in order to use their home equity for purchasing a second property? It’s true. Depending on the property,...
7 Steps to Buying a Home On Your Own: A Guide for the Self-Employed and Freelancer. If you are a self-employed or freelancer, one of the most significant barriers to homeownership can be your lack of reliable income. Unlike salaried employees who are paid every two...