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
As a homeowner, your mortgage is likely one of the biggest financial commitments you have. It’s important to stay on top of your payments and to be aware of when … Continue reading The Importance of a Mortgage Renewal Reminder
Unsure of how to select the best mortgage broker for your needs? Look no further! Mortgage Tree has a mortgage broker that will suit everyone’s needs. We have put together … Continue reading How to Choose the Right Mortgage Broker | Mortgage Tree
Purchasing a home is a huge investment as we have spoken about in many of our articles. It’s likely the most expensive thing you’ll ever buy, so it’s important to … Continue reading
It’s no secret that rent prices have been on the rise in recent months. In fact, average rent prices have now eclipsed pre-pandemic levels. The national average rent for all … Continue reading Buying vs Renting – Average Rent Prices Eclipse Pre-Pandemic Levels
When you’re buying a home in Canada, one of the biggest decisions you’ll have to make is how much money to put down. It’s a balancing act – the more … Continue reading How Much Should You Put Down on Your Mortgage
The Office of the Superintendent of Financial Institutions (OSFI) has maintained that it will not yield to pressure from various sectors that have called for the easing of its strict … Continue reading Why The Stress Test Will Still Stay Relevant
Ever felt the thrill of getting approved for a mortgage or hitting a jackpot at an online casino? Sounds unrelated, right? Not entirely. Dive in with us as we … Continue reading Mortgage and Canadian Online Casino Benefits: A Comparative Insight
A draw mortgage is a type of construction loan in which the bank allocates funds to the builder as the construction of the home progresses. The mortgage itself takes effect … Continue reading What is a Draw Mortgage?
It’s fall, and that means the leaves are changing colours, pumpkin spice is back in season, and – for some Canadians – it’s time to buy a house. If you’re … Continue reading Mortgage Advice for Canadians: What You Need to Know Before Buying a Home| Mortgage Tree