Blog
Fraud Awareness
Did you know? March is fraud awareness month in the mortgage industry, which makes this is a great time to talk about title insurance! As our insurance experts, FCT is a leading provider of title insurance and has some helpful information for you: For those who don’t...
5 Things to Consider When Building Your Own Home
Building a new home is an exciting adventure but requires very different considerations. To help you have the best experience, here are 5 of the most important things to consider: 1. It’s All In The Numbers: Whether you are shopping for a pre-built home, or are...
Fixed Rate vs. Variable Rate: A Simple Overview
The decision to choose a fixed vs. a variable rate is not always an easy one. It depends on your tolerance for risk as well as your ability to withstand increases in mortgage payments. You can sometimes expect a financial reward for going with the variable rate,...
Five Financial Considerations Before Buying a Home
Transitioning from renter to homeowner is one of the most important decisions you’ll make in your life. This decision will impact your future greatly, creating obligations and also opportunities. Since mortgage rates are at an all time low, many of us are considering...
Buying and Selling a House in a Coronavirus World
The real estate market came to a grinding halt when Coronavirus hit in early March, and though it’s slowly coming back to life, buying and selling a house looks a little different now. With CMHC mortgage qualification rules changing as of July 1st and a new protocol...
Do you have the credit score you need to get a mortgage?
https://www.youtube.com/watch?v=bv4kIfJ91t8 For many people interested in buying a home, one of the major stumbling blocks can be a damaged credit history. Whether you are a first time homebuyer with a short credit history, have faced financial difficulties in...
Mortgage Talk with Shane Ferrao on Talk Time at Radio CEWR
Watch our live vlog from Talk Time at Radio CEWR with your co-host Shane Ferrao. Mortgage Talk with YourMortgageYourWay.ca is your source for home financing whether you are a first-time homebuyer, upgrading, downsizing, investing or just researching. We know that...
Bank of Canada – July 2018 rate increase
As many economists expected, the Bank of Canada recently announced that it is increasing the overnight rate by 0.25%. The rate hike was the central bank’s first interest rate move in six months and lifted the trend-setting rate to 1.5%, up from 1.25%. It was the...
Strategies to reduce your debt
According to a recent survey, nearly a third of debtholders are embarrassed or don’t know who to talk to about debt management. Canadians lack confidence in their bank’s willingness and ability to help with debt, but we know that effective debt management is a key...
New mortgage rule changes starting January 1, 2018
The greatest value that I share as a mortgage broker is the knowledge of the lending environment and in choosing which lender is best suited for your needs. Now, more than ever, new home buyers and existing home owners are going to rely this guidance and expertise in...
Answering Your Mortgage Questions – Mortgage Talk on AM640
Existing and future home owners need a long term Mortgage Strategy. It’s just too easy to quickly react to the media hype around variable vs fixed mortgage interest rates and make a bad decision. Since there is still a wide gap between fixed and variable rates, it’s...
Ready to Buy or Sell Real Estate in the GTA? Be Ready for Mortgage Rate Increases
“No one can guarantee an interest rate increase but it's good that people plan for that”, Shane Ferrao. Toronto is incredibly tight right now and continues to be a fairly solid investment - real estate continues to be very expensive and rents are going up quite a bit....
Why Use a Mortgage Broker?
Purchasing or building a house is an expensive endeavor and most people are required to take a mortgage to pay for the home. Scouring the market looking for the right mortgage to suit your situation could be a tedious process. However, having a mortgage broker act as...
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