A recent CoreLogic Study states that Mortgage Brokers settled 59% of all residential homes during June 2021. Here’s a quick look at why many property buyers choose to go with mortgage brokers. What is a Mortgage Broker? A mortgage broker is a home loan expert with...
As the property market continues to boom, experts expect lenders and regulatory authorities to step in to prevent further overheating by raising interest rates. Here is a quick look at increasing interest rates for existing and prospective borrowers. #1 Prospective...
Knowing how much to save for a deposit is a great way to stay disciplined and on track to meet your homeownership goals. Here is some information to help you find the magic number. Calculate Your Borrowing Power Your deposit depends on the price of the property you...
Refinancing can be a smart move, but it does not always work out for the better. For example, tighter lender approval processes, including changes to living expense calculations, can reduce your options for shopping around. Also, remember that what you borrowed when...
