Did you know that you’re not obligated to stay with your current mortgage provider once your mortgage term is up? Many people simply receive a renewal email or notice in the mail and think that they are tied into working with the same lender until...
What To Know About Re-Financing Your Mortgage Throughout COVID-19 The ongoing pandemic has thrown all of us for a loop, with many people either being temporarily laid off, having their salaries cut or being let go altogether. It’s a scary and unprecedented time that is leading...
As the time comes around for you to buy your first (or subsequent!) property, you’re likely looking at a few factors such as what kind of home you can afford, where you’d like to live and what the pros and cons are of the area...
We are currently living in unprecedented times that are difficult and challenging for everyone. There are very few industries that have not been affected by the global COVID-19 pandemic, meaning that many people are working on reduced hours or may have lost their jobs altogether....
Here’s the Average Price of a Home in Each Canadian Province While Capital Mortgages primarily services the Ontario region, many of our clients like to ask us how far their money would go in Canada’s various provinces. To help you get an idea of what you...
Wondering which communities in Canada offer the highest quality of living? Each year, Macleans releases its report highlighting 50 of the country’s best communities, ranked by factors such as wealth and economy, affordability, population growth, taxes, commute, crime, weather, access to healthcare and amenities and...
Unlike a credit card or a line of credit, your cell phone is an open account – meaning that your balance must be paid in full by the end of the month, otherwise you risk earning a negative mark towards your credit score! Many people mistakenly...
Does thinking about the world of financial investment make your head spin? With so many ways to make your dollars go further in today’s world, it can be tricky to decide where to channel your focus. From the stock market to investment funds, mutual bonds...
One of the most common questions we get as mortgage specialists revolve around how much applicants can afford to spend on their home. In order to calculate what this golden number is, you’ll have to look at a few factors including: Your household income Your...
What is Canada’s First-Time Home Buyer Incentive and How Can You Benefit From It? Are you hoping to buy your first home but unsure of how you’ll be able to save up the money required to put down the necessary down payment on it? For young...