by Michelle McCullough | Nov 3, 2022 | Announcements, Bank of Canada, City of Prince George, Finance |
2022 has already been tough on Canadians’ wallets, and recent economic data shows the pain is unlikely to end soon. Inflation continues to run hot, and on October 26 the Bank of Canada further raised its benchmark interest rate to try to bring it under control....
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 | 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 Jamie Cunningham | Jul 30, 2020 | BC, Blog, Bristish Columbia, City of Prince George, Finance, First Time Home Buyers, Homeownership, Interest Rate, Mortgage, Mortgage Broker, PG Mortgage Broker, Pre-Approval, prepayment penalties, prince george |
We are often asked about monoline lenders – who are they, what benefits do they offer, and how do you get access to a monoline lender anyway? Good questions. “Mono” means “one”. So it’s a “one-line” lender that doesn’t do anything else except mortgage lending....
