Debt-to-Income Ratio and Why it Matters

What is a Debt-to-Income Ratio? Your debt-to-income ratio (DTI) is a numerical representation indicating how responsible you are with your finances and is used to determine the amount of risk you pose as a potential borrower.  This means that lenders will be able to assess your debt load, income and history of debt repayment by … Continued

The Niagara Region Homeownership Program

Homeownership in the Niagara Region 2022 has been a difficult year for many Niagara residents who are trying to achieve homeownership. In many cases, homeownership is out of reach for many people in Niagara as the prices of homes go up while wages stay stagnant. So what are Niagara residents to do in this day … Continued

Knowing Your Trigger Rate and Trigger Point

Are you a homeowner in the Niagara Region with a variable-rate mortgage? If so, you’ve probably heard of the impact that trigger rates and trigger points are having on homeowners across the country. As the Bank of Canada continues to raise interest rates in Canada, it’s become increasingly important for homeowners with variable-rate mortgages to … Continued

Accelerated Mortgage Payments Make a Difference

Know Your Options Determining your payment frequency type is essential when solidifying your mortgage plans. Knowing all of your options can have a major impact on your long term payment strategy and the overall cost of your mortgage. This is when hiring a mortgage broker that you can trust comes into play.  Payment Frequency Types … Continued

Niagara Golf Marathon Charity Event

The Niagara Golf Marathon is an annual fundraiser event for Niagara-based charities. This year the event takes place on Tuesday, June 14th at the Royal Niagara Golf Club where participants will be golfing 100 holes in 1 day! This year, all the proceeds will be donated to these 7 Niagara-based charities: Niagara Health Foundation Community … Continued

Should first-time homebuyers in Niagara be concerned about Mortgage Default Insurance?

If you haven’t heard of Mortgage Default Insurance before and you’re a first-time homebuyer in Niagara, don’t worry, you’re not alone and I’m here to help explain what this is. Mortgage Default Insurance is often overlooked but can have a major impact on the overall cost of your mortgage. This type of insurance protects the … Continued

Mortgage Knowledge you can rely on

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