Blog

When buying a new home, you’ll want to check for red flags that could indicate future problems. Your inspection is critical to finding anything that might be hidden or overlooked by less diligent buyers. However, with new technologies and home design strategies being used more...

Should You Renovate or Relocate Your Home? What To Consider Before Making a Decision! Do you feel like your house has lost its charm and looks old and outdated? If so, it’s time to consider either renovating your home or finding a new place to live....

The term “rate hold” may be something you are familiar with if you have worked with us in the past. If not, it is a term that all prospective buyers should know!   A rate hold is offered by the majority of lenders to clients who are...

If you’re considering flipping a house, chances are you’ve watched a couple of HGTV episodes and figure the process is fairly straight forward. Buy a fixer-upper, give it some tender loving care and before you know it, you’ve made a sizeable chunk of change! While the...

As the COVID-19 pandemic drags on, one trend that doesn’t seem to be tapering out anytime soon is the large number of city dwellers trading their urban properties for country living. With many of us still working from home, or having switched to remote work...

Due to the unprecedented amount of time people are now spending in their homes, the demand for larger homes has increased. People are selling their previous dream homes for new ones that can accommodate everything from online learning to at-home workouts to working from home....

For the third time since the pandemic began, the Bank of Canada has formally lowered the average mortgage stress test rate they base their calculations on to 4.79% - making it easier for potential home buyers to purchase property. Initially announced in 2017, the test was...

Choosing what kind of mortgage to get has historically been one of the trickiest decisions that an applicant can make. However, nowadays the difference between a fixed and variable mortgage is so apparent that the choice is becoming increasingly straightforward. With only 20 basis points or...

Deciding on which home you’d like to buy is only the first step in the process – from there comes a LOT of paperwork and small transactions. There is quite a bit of coordination involved throughout these steps to ensure that the bigger picture comes...

As you navigate through the process of applying for a mortgage, you are going to encounter a multitude of steps, paperwork, and challenges along the way. Just when it seems like everything finally makes sense, boom – you come across a hidden charge, surprise component,...

Applying for your first mortgage can be a stressful time. You have got your sights set on your ideal first home, and the only thing that stands in the way of making it yours is the bank’s decision to approve your mortgage request. This can...

It’s a trend that’s becoming concerningly popular: Many homeowners are now opting to re-borrow all or part of what they have already paid off on their home mortgages in order to finance lifestyle purchases. While some people are extremely vigilant in managing the implications involved...

We believe that buying a home is one of life’s most memorable experiences. Everyone who works on the team at Capital Mortgages is here because we are passionate about helping people own their dream home! This week, we want to introduce you to the Partners...