Congratulations! You’ve just bought your first home, and you’re probably feeling a mix of excitement, trepidation, and possibly even a little bit overwhelmed. It is normal to feel these emotions … Continue reading What to Expect Now that You’re a Homeowner | Mortgage Tree (H1)
Are you applying for a mortgage and are unsure of the documentation requirements? Find out what documents are necessary to apply for a mortgage -Mortgage Tree. Applying for a mortgage … Continue reading Documentation Needed for a Mortgage Application | Mortgage Tree
Wondering if it’s time to switch your mortgage rate from variable to fixed? Here are some things to consider. Is a Fixed-Rate Mortgage Right for You? As a homeowner in … Continue reading Considering switching from a Variable to a Fixed Rate Mortgage in Canada? | Mortgage Tree
The Bank of Canada announced another rate increase in the Bank rate of .25bps on January 25th, 2023. This is the eighth consecutive rate hike. If market expectations are correct, … Continue reading Bank of Canada Increases 25 BPS
Despite calls to relax the mortgage stress test, the government has decided to keep it in place. Here’s why. It may not have come as a surprise to many, but … Continue reading Why Canada’s Mortgage Stress Test Remains Unchanged | Mortgage Tree
Homeowners everywhere are watching as the Canadian government implements its new Prohibition on the Purchase of Residential Property by Non-Canadians Act, which went into effect on January 1, 2023. The … Continue reading How the Prohibition on the Purchase of Residential Property by Non-Canadians Act Helps Canadians | Mortgage Tree
If you’re a first-time homebuyer, the First Home Savings Plan could help you save for your down payment. Learn more about this program and how it can benefit you. Blog … Continue reading The First Home Savings Plan could help buyers | Mortgage Tree
Find out what mortgage options you have as an international buyer. Are you an international buyer interested in purchasing real estate in Canada? While it may seem daunting, obtaining a … Continue reading A Guide to Mortgages for International Buyers in Canada | Mortgage Tree
If you’re in the market for a new home, check out the benefits of a builder rate hold! If you’re planning to build a new home, you may be wondering … Continue reading The Benefits of a Builder Rate Hold | Mortgage Tree
A mortgage pre-approval is a commitment from a lender to provide you with funding for a home purchase, up to a certain mortgage amount, based on your financial qualifications. This … Continue reading Mortgage Pre-approvals: Why They’re Important