|
Mortgage First Time Home Buyers |
 |
 |
 |
|
Written by HMA
|
|
Thursday, 22 September 2011 23:02 |
First Time Home Buying, do it right!!!
Home buying is becoming a group effort thanks to growing opportunities for family members to help new purchasers enter the market.
The real estate market can be exciting place, but it can also be a bit daunting - and particularly so for new homebuyers who may still be in the process of establishing a good credit rating or starting a career. In fact, buyers wan
ting to enter the housing market generally face two major obstacles: securing a down payment and qualifying for financing.
In this article I will briefly explain how to secure a sufficient down payment and establish a good credit score.
As tempting as it may be to start cruising open houses and sifting through MLS listings, homebuyers need to make a visit to a qualified mortgage broker their first priority. It is extremely important to get pre-approved before shopping for a new home, it gives homebuyers an idea of what they can afford and if there’s anything they need to improve on before getting financing. Let’s focus on down payment now!
|
|
Last Updated on Friday, 23 September 2011 14:31 |
|
|
Buying an Investment Property |
|
|
|
|
Written by HMA
|
|
Wednesday, 11 May 2011 15:20 |
|
Buying an investment property
Spoiled for choice: there are plenty of options for investors, but how do you determine which is the best one for you?
When we purchase a home for our own use, our criteria – size, location, amenities – is based on our own personal needs and preferences. But when purchasing for the sole purpose of investment, the choice can be overwhelming. Residential or commercial? House or Condo? One bedroom or three? These are the dilemmas that many new real estate investors face and we will help you to make a right decision that will save your time, money and most important the frustration.
Choosing the right property
People buy investments- whether socks, a bond or a house, for two possible types of returns; the monthly or annual cash flow the investment will generate, and the capital appreciation. People will choose what kind of investment they are going to buy based on what is most important to them.
|
|
Last Updated on Wednesday, 11 May 2011 17:29 |
|
Written by HMA
|
|
Friday, 11 March 2011 21:28 |
New Mortgage Rules
As you are aware the Government of Canada has recently announced (January 17th, 2011) a number of product and policy changes with regards to the Mortgage Insurance Guarantee Parameters in an effort to encourage Canadian families to reduce debt and increase savings. Home Mortgage Advice team has reviewed closely these new rules to assess the impact to Canadian home owners.
Please find a summary of changes below:
|
|
Last Updated on Friday, 11 March 2011 21:38 |
|
|
Where Canadian Home Prices Heading!? |
|
|
|
|
Written by HMA
|
|
Friday, 11 February 2011 21:57 |
Where Canadian Home Prices Heading!?
For a couple of weeks there been many announcements that the time of low mortgage interest rates is coming to an end. Which I believe to be true, if economy will be growing at today’s levels and nothing major will offset current trends.
RBC projects that “a stronger economy will offset the effects of higher mortgage rates and keep Canadian house prices stable over the next two years”.
|
|
Last Updated on Friday, 11 February 2011 22:36 |
|
Fixed mortgage rate will rise once more!! |
|
|
|
|
Written by HMA
|
|
Monday, 07 February 2011 20:02 |
|
Just a quick afternoon update on bond yields. Yields are still inching up.
They are up another 3 bps so far today to 2.76. Last time they were above 2.80 was May 17th and
|
|
Last Updated on Monday, 07 February 2011 20:06 |
|
|
|
|
<< Start < Prev 1 2 3 Next > End >>
|
|
Page 1 of 3 |
Mortgage News
