Mortgage Strategies Archives - Page 2 of 30 - Mortgage Rates & Mortgage Broker News in Canada

A First Home Savings Account should be on every first-time buyer’s holiday wish list

December 24, 2024 No Comments

Introduced in April 2023, the First Home Savings Account (FHSA) is a game-changer for Canadians looking to save for their first home.

Thinking of gifting a down payment this holiday season? Here’s what you should know

December 22, 2024 No Comments

With the holiday season in full swing, many Canadians are focused on gift giving. For some, that includes helping loved ones take their first steps toward homeownership with a financial contribution for their down payment.

Helping retired Canadians with a reverse mortgage

Helping retired Canadians navigate financial challenges: A solution for brokers

November 28, 2024 No Comments

Retirement is often considered a time to relax and enjoy the fruits of decades of hard work. However, for a growing number of Canadians 55 and older, this picture is clouded by financial uncertainty.

Pros and cons of a 10-year fixed mortgage: Is stability worth the cost?

November 10, 2024 1 Comment

The 10-year mortgage has long been a niche product in the Canadian mortgage market.

Forget the comparisons: success in brokering comes in many forms

October 2, 2024 5 Comments

I am tired of being told I am doing it wrong.

Unlocking the secrets to growing your business with the 55+ demographic

September 24, 2024 No Comments

In today’s competitive market, mortgage brokers are continuously seeking ways to diversify and grow their client base.

Challenges and opportunities for brokers

Challenges and opportunities for mortgage brokers in the current rate cycle

September 11, 2024 No Comments

The current rate environment presents new hurdles for mortgage brokers while also opening up potential growth opportunities for those able to adapt.

Preparing for your mortgage renewal: Tips to ease the stress of higher payments

August 13, 2024 1 Comment

Millions of Canadian homeowners are facing mortgage renewals in the coming years, with many feeling stressed as they prepare for higher payments amid persistently elevated interest rates.

Proof of down payment: The biggest hurdle for mortgage professionals

August 2, 2024 1 Comment

For mortgage professionals, verifying a client’s down payment sources can be one of the most challenging aspects of the mortgage approval process.

How a private bridge mortgage can save the day when your home hasn’t sold

July 17, 2024 No Comments

Selling your home while purchasing a new one can sometimes feel like a balancing act, especially when the sale of your current home doesn’t align with your next purchase.

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