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 New To Canada Mortgage

By: sunlitemortgage0 comments

Are you new to Canada and looking to buy a home? The New to Canada Mortgage Program can help you get a mortgage, even if you still need to...

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Getting a Construction Mortgage Loan

By: sunlitemortgage0 comments

Understanding the essential construction loan documents is crucial for securing the necessary funds and ensuring a smooth construction process. Each document, from the initial construction loan application to the...

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Finding The Best Mortgage Broker in Toronto

By: sunlitemortgage0 comments

Securing a mortgage is crucial in buying or refinancing your home. Finding the right mortgage broker in Toronto can make all the difference. In this comprehensive guide, we’ll walk...

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Shopping for a Commercial Loan? Avoid These Mistakes

By: Devon Jones0 comments

Like all businesses, inspectors sometimes need commercial loans to run equipment, expand, or market themselves. Fortunately, lenders have money, and they want to give it to you, but you...

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Understanding the CMHC Spousal Buyout Program: A Comprehensive Guide

By: Devon Jones0 comments

Divorce can be a difficult and emotional process, especially when it comes to dividing assets and property. The Canada Mortgage and Housing Corporation (CMHC) Spousal Buyout Program is designed...

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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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How a Mortgage Pre-Approval Can Protect You from Rising Rates

By: Devon Jones0 comments

With interest rates rising, it’s important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how!...

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Bank Of Canada Rate Update April 13, 2022

By: Devon Jones0 comments

Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1%, with...

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5 Benefits of an Investment Property

By: Devon Jones0 comments

If you are looking at building your investment portfolio, real estate can be a powerful tool that brings passive income and tax breaks to the table. However, like most...

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Is Paying Off Your Mortgage Early Worth It?

By: Devon Jones0 comments

It’s a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to...

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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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