Mortgages are one of the biggest financial commitments you will ever make in your lifetime, so you need to understand the terms and conditions they come with. To guarantee you know the pros and cons of your mortgage contract, it is advisable to work with a mortgage broker and lawyer.

Working with mortgages is quite challenging during the pandemic, with many people getting reductions in the amount that they were getting paid or losing their jobs. People are not spending large amounts of money or investing in projects that they can put off to the future. Additionally, mortgages are used for expensive items, which is something people are avoiding investing in, especially during a pandemic with an uncertain future.

Original Article Source Credits:     Canada Mortgage and Housing Corporation  , https://www.cmhc-schl.gc.ca/

Article Written By:  February 25, 2021

Original Article Posted on:  NA

Link to Original Article:  https://www.cmhc-schl.gc.ca/en/housing-observer-online/2021/home-sales-prices-major-markets-during-pandemic

People ideally apply for a mortgage loan when they are planning on purchasing property, land or a house. These are large loans that people will usually apply for only once or twice in their lives, ideally to make the largest purchase they would ever make. Finding the best mortgage can be quite tricky if an individual does not have experience in the mortgage industry. However, there are people crunching numbers and working on finding the best options. They have created connections within financial institutions and not directly connected to those institutions who can offer better loan options, and even assist with finding a way of improving your credit score, increasing the possibility of securing a lower interest rate.

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Ethan Rotberg

Original Article Posted on:   February 1, 2021 

Link to Original Article:  https://financialpost.com/moneywise/how-refinancing-affects-your-credit-score-3

The COVID-19 pandemic created a fear of the unknown. Companies are now subject to the new rules that the Government is implementing to help reduce the spreading virus. The Government keeps changing the rules and implementing new lockdown restrictions, as information is coming in, with many countries shutting down and people not allowed to leave their homes unless it was for essential services.

Original Article Source Credits:    Better Dwelling , https://betterdwelling.com/

Article Written By:  Stephen Punwasi

Original Article Posted on:  JANUARY 12, 2021

Link to Original Article:  https://betterdwelling.com/canadas-economy-has-never-been-more-dependent-on-real-estate/

Original Article Source Credits:   Global News , https://globalnews.ca/

Article Written By:  Fergal Smith

Original Article Posted on:  January 12, 2021

Link to Original Article:  https://globalnews.ca/news/7571189/bank-of-canada-micro-rate-cut/

Original Article Source Credits:   CBC News , https://www.cbc.ca/

Article Written By:  NA

Original Article Posted on:  Posted: Dec 15, 2020 

Link to Original Article:  https://www.cbc.ca/news/business/crea-november-sales-1.5841749

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  NOVEMBER 22, 2020

Link to Original Article:  https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-prices-forecasted-to-fall-next-year-and-debt-problems-to-get-worse/

Original Article Source Credits:   CTV News , https://calgary.ctvnews.ca/

Article Written By:  Timm Bruch

Original Article Posted on:  November 6, 2020

Link to Original Article:  https://calgary.ctvnews.ca/mortgage-deferrals-arrears-way-up-in-alberta-as-the-economic-downturn-continues-1.5178577

Original Article Source Credits:   NewsWire , https://www.newswire.ca/

Article Written By:  NA

Original Article Posted on:  Oct, 8, 2020

Link to Original Article:  https://www.newswire.ca/news-releases/canadian-housing-starts-trend-sees-little-change-in-september-829453998.html

The COVID-19 pandemic has caused great turmoil in the financial markets and has turned out to be one of the most significant economic downturns in recent times. With greater unemployment, the considerable fall in oil prices, and the massive hike in the prices of gold, the job market is undergoing tremendous upheaval.

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:   2020-09-15

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/pay-mortgage-faster.html

Original Article Source Credits:   Global News , https://globalnews.ca/

Article Written By:   Erica Alini 

Original Article Posted on:  August 26, 2020

Link to Original Article:  https://globalnews.ca/news/7286008/coronavirus-mortgage-deferrals-end-canada/

Original Article Source Credits:   Global News , https://globalnews.ca/

Article Written By:  Staff

Original Article Posted on:  August 28, 2020

Link to Original Article:  https://globalnews.ca/news/7304001/cmhc-housing-market-coronavirus/

Original Article Source Credits:   CANADA , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2019-11-26

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/home-equity-line-credit.html

As a mortgage agent, it’s essential for me to keep updated on the latest trends in my industry to find fresh sources of creative inspiration and tools to assist my clients better. Similarly, staying up-to-date allows me to connect with other professionals and enhance the services I provide.

If you’re looking for a mortgage, whether it’s to help you buy your first home or access your home equity, it’s important to pick a reliable agent with high standards. After all, the results will affect the financial state of your future! Therefore, it’s essential to choose a mortgage agent that you can trust to get the best deal for you

Obtaining the right mortgage product will take you a step closer to your dream of home ownership. However, if you’re a first-time home buyer, navigating the mortgage market, searching for the best deal, and submitting your mortgage application can be overwhelming.