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Purchasing New Construction May Help You Increase Your Down Payment by 10%

Purchasing New Construction May Help You Increase Your Down Payment by 10%

by Team YourMortgageSpecialist.ca | Jun 14, 2023 | Mortgage Advice

Buying a home can be a daunting experience, especially if it’s your first time. One of the biggest challenges for many first-time homebuyers is coming up with a down payment. However, with the First-Time Home Buyers Incentive, eligible homebuyers can increase...
The First Home Savings Account: A New Program to Help First-Time Homebuyers Save

The First Home Savings Account: A New Program to Help First-Time Homebuyers Save

by Team YourMortgageSpecialist.ca | Jun 1, 2023 | Mortgage Advice

Are you thinking about buying your first home soon? With the housing market starting to stabilize and prices on the rise, now might be the perfect time to make your move. The good news is that the Canadian government has introduced a new program to help first-time...
Why Exploring Your Options for Mortgage Renewal Can Save You Thousands

Why Exploring Your Options for Mortgage Renewal Can Save You Thousands

by Team YourMortgageSpecialist.ca | May 4, 2023 | Mortgage Advice

Renegotiating your mortgage at renewal time is an excellent way to save money and ensure that you have the best mortgage product for your financial situation. “51% of Canadian homeowners don’t plan on changing lenders when their mortgage comes up for renewal — and 9%...
No other teacher is as good as lengthy experience, broker says

No other teacher is as good as lengthy experience, broker says

by Team YourMortgageSpecialist.ca | May 1, 2023 | Mortgage News

This article was written by Ephraim Vecina for Canadian Mortgage Professional Magazine. It was originally published on May 1, 2023 on mpamag.com. – Substantially deep roots in the financial services space have held up Susanna Penning, senior mortgage specialist...
The pros and cons of homebuying during a recession

The pros and cons of homebuying during a recession

by Team YourMortgageSpecialist.ca | Apr 24, 2023 | Mortgage Advice

Are you thinking of buying a home but worried about the current economy? You’re not alone. The recession has made it more difficult for people to get mortgages, and some potential homebuyers are afraid that prices will continue to fall. But buying a home during...
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