Fixed Mortgage Rates Are Falling: What You Need to Know

By: Devon Jones0 comments

Fixed Mortgage Rates Are Falling Renegotiate mortgage renewal or consolidate debt For the past couple of weeks fixed mortgage rates has been on the decline. That should be welcome...

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The Pros and Cons of a Collateral Charge Mortgage

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What the banks don’t want you to know about collateral charge mortgage Collateral Mortgage is the mortgage of choice that banks offer to Canadians. Most collateral charge mortgage has...

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Will the 2019 Federal Budget affect Millennials?

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How the 2019 federal budget will affect Millennials In the 2019 Federal Budget, the Canadian government announced changes to make home ownership easier for millennials. The interest rate charged...

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Savings on variable rate mortgage

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If you have a variable rate mortgage, you would have had about three increases in your mortgage payment over the last year. You may be wondering if now is...

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Tips on renewing or transferring your mortgage

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If you’re renewing your mortgage or switching your mortgage lender, I have great news! I have some money-saving updates to Canada’s mortgage rules that could save you some money...

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Getting a Construction Mortgage Loan

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Whether you’re in the process of buying and/or building a new home, getting a construction mortgage loan is one of the best things that you can do in order to make...

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How to Keep Your Credit Score in Excellent Shape

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From applying to a job to getting a mortgage, your credit score is a key indicator of your overall financial health, one that most institutions will leverage to determine...

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The 5 Biggest Influences on Your Credit Score

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Your credit score gives mortgage lenders a window into your overall financial health and helps them determine what mortgage products you qualify for, if any. Ranging from 300 to...

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Self Employed Mortgages Guide

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With nearly 20% of all income earners in Canada being self-employed (at least part-time), we often wonder why it is so difficult for this growing demographic to obtain a...

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The Benefits of Getting a Home Inspection Before Buying

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When an excited homebuyer puts an offer in on their dream home, the process begins. A home inspection will likely be a requirement for securing your mortgage. Hiring a...

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June is Pride Month. How will you celebrate?

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June is Pride Month There might not be any large-scale events this June to mark Canada’s annual Pride Month, but we at Sunlite Mortgage support and celebrate our LGBTQ+...

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