Will the Bank of Canada cut interest rates this year?

By: sunlitemortgage0 comments

Last fall, when the Bank of Canada (BOC) signalled that it was likely done raising interest rates and would start reducing rates in 2024, Bay Street traders, economists, car...

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How to Qualify for a Home Equity Line of Credit (HELOC)

By: Devon Jones0 comments

If you’re a homeowner looking to access funds for home improvements or other expenses, a home equity line of credit (HELOC) may be a good option for you. But...

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5 Key Benefits of Getting a Second Mortgage

By: Devon Jones0 comments

Taking out a second mortgage can be beneficial for many homeowners, as it can provide them with extra financial flexibility and allow them to increase their equity in the...

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Home-Buying 101: A Guide to Purchasing Your First Home

By: Devon Jones0 comments

Buying a home involves a lot of complex steps, but by doing your homework ahead of time, you can boost your know-how and have more confidence in your decision....

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Tips for Picking the Right Home to Flip

By: Devon Jones0 comments

Guide to Choosing a House to Flip for Maximum Profit Not every property will make a promising flip. Here is everything you need to know to maximize your profits...

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The Ultimate Guide for First-Time Home Buyers

By: Devon Jones0 comments

Buying a home is always a big decision, but when you’re a first-time buyer it’s even more important to get it right. Without home-buying experience to draw on, it’s...

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The Ultimate Guide to Preparing Your Home for Selling Season

By: Devon Jones0 comments

Home selling season is rapidly approaching. In most cases, spring is the top time to sell a home. One reason spring is the top-selling season is that home buyers...

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Rent to Own Homes vs. Mortgage: Which is Right for You?

By: Devon Jones0 comments

If you’re hoping to achieve your dreams of homeownership, rent-to-own and mortgage are two options to consider. Here is everything you need to know about these unique approaches to...

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Housing Upgrades impact on Your Insurance Rates

By: Devon Jones0 comments

Housing upgrades have the potential to leave you underinsured so it is important to always contact your home insurance before starting a home renovation. Home renovations are trendy right...

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March 2, 2022 Bank of Canada Rate Update: Key Takeaways

By: Devon Jones0 comments

Bank of Canada Increases Policy Interest Rate The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ %...

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Understanding Your Credit Score

By: Devon Jones0 comments

There are two credit reporting agencies in Canada that provides credit scores – Equifax and TransUnion. Your credit or (Fico) score is made up of three-digit number that is...

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Finding the Best Mortgage Rates in North York

By: Devon Jones0 comments

If you are looking for a mortgage in North York, your Sunlite Mortgage agent who has access to many lenders is the person to talk to for the best...

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