Why You Should Buy Commercial Real Estate Now

EditorAbout Mortgage Brokers, Commercial Mortgages, Financial Tips, General Interest, Investment Property, Mortgage Types

Tired of paying high leasing rates at your current commercial location? Well, what if you knew you could save more in the long term if you opted to buy a building for your business today? Low interest rates, low vacancy rates and a tight supply are creating the perfect purchasing situation for entrepreneurs across the country. According to Steve Murphy, … Read More

Refinancing Just Became a Whole Lot Harder

EditorAbout Mortgage Brokers, FamilyLending.ca, Financial Tips, Mortgage Term, Mortgage Types, Real Estate Advice, Refinancing my Property

Ottawa’s latest round of mortgage policies could have quite the impact on current homeowners, especially those shouldering a large amount of debt. If you have a mortgage and are planning to refinance or renew in the coming months, you could be in for a bumpy ride. The two factors that will most impact your experience? Whether or not you plan … Read More

Slowing Housing Market a Good Thing?

EditorAbout Mortgage Brokers, FamilyLending.ca, First Time Home Owner, General Interest, Mortgage News, Mortgage Types

Is a slowing housing market the kiss of death for the Canadian economy? While there’s no doubt that a falling market comes with its fair share of bad karma, it doesn’t necessarily mean that we’re headed towards a full on market crash similar to the U.S. In fact, a decline in home prices could actually come with some benefits. Here’s … Read More

Deciding on Debt: How the New Rules Will Impact Your Mortgage Hunt

EditorAbout Mortgage Brokers, FamilyLending.ca, Household Budget, Housing Costs, Mortgage News, Mortgage Term, Mortgage Types, Residential Mortgages

Two things are clear about the current Canadian housing market. First, interest rates are going to go up. The Bank of Canada governor, Mark Carney, Finance Minister Jim Flaherty, and pretty much anyone involved in the banking industry has been warning of a hike, if not several, potentially before the end of the year. Second, the nation’s major banks have … Read More