The Ultimate Guide: 24 Things to Know Before You Refi By: Bardia Andalib & Regina Ledesma | May 21, 2021 | Photo Credit: Katie Walker Interiors @torontostaginggroup What is refinancing or ‘refi’? According to Investopedia, to refinance (or ‘refi’ for short) is the process of revising and [...]
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Considering an Early Mortgage Renewal? When your mortgage term ends, you have to pay off your mortgage if there’s a remaining balance or renew it. According to Statistics Canada, 36.3% of homes in Canada have mortgages and the majority of them are term. A term is the length of time for which a [...]
Benefits of Using a Mortgage Broker The benefits of a Mortgage Broker are unlimited. A bank only offers the products from their particular institution. Meanwhile, mortgage professionals send millions of dollars in business each year. These include Canada’s banks, credit unions, trust companies, and financial institutions. As a result, agents offer their clients [...]
Refinance Your Mortgage & Win in Today’s Rental Market Rent prices have fallen drastically in Ontario and Landlords have felt the hit hard. Many rental units are on the market for prolonged periods of time while they remain vacant. According to Renters.ca December 2020 Rent Report Toronto’s rents were down 20 percent, year-over-year, [...]