by Michelle McCullough | Sep 21, 2021 | City of Prince George, Credit, Debt, Finance, First Time Home Buyers, Homeownership |
It’s September and there is some optimism that we may be moving towards the end of life in a global pandemic. The Fall has always been a great time to go back to school on financial fitness, and this year it may be more important than ever. Here are some tips to help...
by Jamie Cunningham | Apr 8, 2021 | Bank of Canada, Bills, Credit, Debt, Economy, Finance, Homeownership, Interest Rate, Mortgage, PG Mortgage Broker |
Government policies to protect the economy during the pandemic resulted in exceptionally low mortgage rates for both fixed- and variable-rate mortgages. As we start moving towards recovery, fixed rates have started to edge upwards. The prime rate, which variable rates...
by Jamie Cunningham | Feb 4, 2021 | BC, Blog, Bristish Columbia, CMHC, Finance, First Time Home Buyers, Home Equity, Mortgage Broker, Mortgage Renewal, PG Mortgage Broker, Refinance |
Whether you are purchasing, refinancing, or moving your mortgage to a new lender, it’s important to have a clear understanding of the mortgage approval process. It’s a big financial commitment so you’ll want to be sure you can move through the...
by Jamie Cunningham | Dec 22, 2020 | Announcements, BC, Bristish Columbia, City of Prince George, Mortgage, Mortgage Broker, PG Mortgage Broker, Thank you |
Sending our warmest holiday wishes to you and your family. We would not be where we are today without your support. We want to thank you for continuously supporting us with your business, your referrals, your kind comments and every social media share. To prepare...
by Michelle McCullough | Dec 16, 2020 | Announcements, Thank you |
In the past we’ve taken the time to mail our clients, colleagues and lending partners a Christmas card to send well wishes and thank them for their support. However this year, like 2019, we wanted to do something a little different and give back to the...
by Michelle McCullough | Nov 30, 2020 | City of Prince George, Credit, Debt, Divorce, Home Equity, Mortgage Renewal |
Given the large financial commitment of a mortgage, it’s surprising that so many homeowners sleepwalk through the mortgage renewal process and don’t look at all their options in the marketplace. Many accept whatever their lender offers or just have a short...
by Jamie Cunningham | Oct 29, 2020 | Bills, Blog, Bristish Columbia, City of Prince George, Debt, Divorce, Finance, Home Equity, Home Improvements, Homeownership, Interest Rate, Mortgage, Mortgage Broker, PG Mortgage Broker, prepayment penalties, Refinance, Separation |
There has been a flurry of refinance activity this year given our rock bottom interest rates, providing homeowners with access to today’s low rates and the most cost-effective way to get needed funds. Refinancing means getting out of your current mortgage and...
by Michelle McCullough | Oct 5, 2020 | Credit, Credit Checks, Debt, Mortgage |
There’s a virtual credit file with your name on it! When it comes time to take out a mortgage, that file gets opened and the result is a credit score that will help determine whether and how much you can borrow and at what rate. The good news is that you are...
by Michelle McCullough | Aug 27, 2020 | City of Prince George, Down Payment, First Time Home Buyers, Home Equity, Mortgage Broker, Refinance, Rental Property |
The recent shock to the economy has had many Canadians thinking seriously about what their life might look like after their paycheques stop. Even if you have a workplace pension plan to look forward to, you may find it falls short of the income you’d like to live on....
by Katy Livingstone | Aug 25, 2020 | Uncategorized |
Stress Test Update. Effective August 2020, the benchmark rate or the stress test rate has been dropped to 4.79%. In May of this year, the benchmark rate used to qualify mortgage was 4.94%. Prior to the decrease in May, the Stress Test rate was 5.04% The drop in the...
