Author:
External Author
|
Dec 29, 2021
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Categories:
Business Financing
,
Certified Real Estate Investment Adviser
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Commercial Financing
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Construction Mortgage
,
Debt Consolidation
,
First Time Home Buyers
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
Original Article Source Credits: Better Dwelling, https://betterdwelling.com/
Article Written By: Stephen Punwasi
Original Article Posted on: Dec 27, 2021
Link to Original Article: https://betterdwelling.com/the-smith-maneuver-the-loophole-canadian-real-estate-owners-use-to-lower-taxes
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Author:
External Author
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Dec 23, 2020
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Categories:
Business Financing
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Certified Real Estate Investment Adviser
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Construction Mortgage
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Mortgage Broker
,
Rental Property Financing
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: NA
Original Article Posted on: DECEMBER 2, 2020
Link to Original Article: https://betterdwelling.com/canadian-realtor-commissions-are-growing-over-11x-faster-than-the-economy/
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Author:
External Author
|
Sep 09, 2020
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Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Construction Mortgage
,
Debt Consolidation
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/
Article Written By: John Gittelsohn
Original Article Posted on: August 24, 2020
Link to Original Article: https://ca.finance.yahoo.com/news/real-estate-investors-skip-paying-110000020.html
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Author:
Keith Uthe Demystifying Mortgages
|
Aug 16, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
For the second time since the beginning of the pandemic, the Bank of Canada has lowered the benchmark qualifying rate a further .15% to 4.79%. For a buyer with an annual income of $80,000 that is approximately $6,300 of additional mortgage space compared to the previous qualifying rate of 4.94% and approximately $11,000 more than the qualifying rate of 5.04% that was in place at the beginning of the pandemic.
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Author:
External Author
|
Aug 12, 2020
|
Categories:
Certified Real Estate Investment Adviser
,
Construction Mortgage
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
Original Article Source Credits: Canada Mortgage and Housing Corporation , https://www.cmhc-schl.gc.ca/
Article Written By : NA
Original Article Posted on : July 15, 2020
Link to Original Article: https://www.cmhc-schl.gc.ca/en/housing-observer-online/2020-housing-observer/overview-q12020-national-mortgage-credit-trends
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Author:
External Author
|
Aug 05, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/
Article Written By : Steve Huebl
Original Article Posted on : July 23, 2020
Link to Original Article: https://www.canadianmortgagetrends.com/2020/07/how-the-government-has-saved-the-economy-from-covid-19-so-far/
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Author:
External Author
|
Jul 02, 2020
|
Categories:
Construction Mortgage
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
Original Article Source Credits: The chronicle herald , https://www.thechronicleherald.ca/
Article Written By : Myke Thomas
Original Article Posted on : Jun 19
Link to Original Article: https://www.thechronicleherald.ca/lifestyles/homes/bank-of-canada-expected-to-hold-overnight-target-rate-464282/
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Author:
External Author
|
Jul 02, 2020
|
Categories:
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Broker
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/
Article Written By : Steve Huebl
Original Article Posted on : June 30, 2020
Link to Original Article: https://www.canadianmortgagetrends.com/2020/06/mortgage-rates-keep-setting-new-record-lows/
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Author:
Keith Uthe Demystifying Mortgages
|
Jun 30, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
In response to the COVID-19 pandemic and in an attempt to protect the economic future of Canadians, the Canadian Mortgage and Housing Corporation (CMHC) announced in early June that it would be tightening its qualification rules for mortgage insurance from July 1, 2020. Fortunately, they are two other mortgage insurers: Genworth and Canada Guarantee and neither of them are changing their qualification rules.
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Author:
External Author
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Jun 03, 2020
|
Categories:
Mortgage Associate
,
Mortgage Broker
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Refinancing
,
Rental Property Financing
,
Second Mortgage
Original Article Source Credits: Canadian mortgage trends , https://www.canadianmortgagetrends.com/
Article Written By : Steve Huebl
Original Article Posted on : April 22, 2020
Link to Original Article: https://www.canadianmortgagetrends.com/2020/04/one-in-20-homeowners-have-missed-a-mortgage-payment-due-to-covid-19/
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Author:
External Author
|
May 27, 2020
|
Categories:
Business Financing
,
Commercial Financing
,
Mortgage Broker
,
mortgage prequalifying
,
Mortgage Refinancing
,
Rental Property Financing
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Author:
Keith Uthe Demystifying Mortgages
|
Apr 08, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
Are you planning to buy a new house but don’t know where to begin when it comes to financing it? If you’re struggling to make sense of the mortgage system and the different options available, you’re not alone. Mortgages can be complicated if you aren’t aware of how they work. Moreover, it isn’t easy to make the right decisions based on your needs and capabilities if you don’t understand what your choices are. To help you make sense of mortgages, Keith Uthe Demystifying Mortgages has explained the different types of mortgages available to you.
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Author:
External Author
|
Mar 18, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
Original Article Source Credits: HuffingtonPost, https://www.huffingtonpost.ca/
Article Written By Canadian Press
Original Article Posted on :2/18/2020
Link to Original Article: https://www.huffingtonpost.ca/entry/mortgage-stress-test_ca_5e4c2e67c5b6eb8e95b3bcc2
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Author:
External Author
|
Mar 11, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
Original Article Source Credits:Canadian mortgage trends,https://www.canadianmortgagetrends.com/
Article Written By Steve Huebl
Original Article Posted on : February 26, 2020
Link to Original Article: https://www.canadianmortgagetrends.com/2020/02/latest-in-mortgage-news-meridian-credit-union-raises-125-million/
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Author:
External Author
|
Mar 04, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
Original Article Source Credits:bloomberg, https://www.bloomberg.com/
Article Written By Chris Fournier
Original Article Posted on : February 19, 2020
Link to Original Article: https://www.bloomberg.com/news/articles/2020-02-18/morneau-eases-stress-tests-for-canadian-insured-mortgages
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Author:
Keith Uthe Demystifying Mortgages
|
Mar 02, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
The problem with this new stress test is that the central bank is still allowing the 6 central banks to dictate the average interest rate that will be used as the benchmark stress test. This is unfair to those that know they get better rates and products from monoline lenders.
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Author:
Keith Uthe Demystifying Mortgages
|
Jan 29, 2020
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
A New Year brings another opportunity to cultivate healthy financial habits and manage your money better. When you consult a mortgage expert, you will receive unbiased advice on how to make wise investments and help set you up for the future. As a mortgage broker or specialist in Calgary, Alberta, I, Keith Uthe , want to ensure you become more financially secure, and to do so, I have put together a list of five tips to help you improve your finances in 2020.
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Author:
Keith Uthe Demystifying Mortgages
|
Jan 22, 2020
|
Categories:
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
The Bank of Canada has once again decided to hold the prime lending rate at 1.75%. What this means for borrowers is that the prime rate used for most lenders is 3.95% in calculating adjustable/variable-rate mortgages. Contact me with questions or requests for more information. https://globalnews.ca/news/6445742/bank-of-canada-rate-announcement-jan-22-2020/
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Author:
Keith Uthe Demystifying Mortgages
|
Nov 20, 2019
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
Keith Uthe Demystifying Mortgages wishes you the happiest of holidays this season. May the New Year be filled with joy, health, and prosperity!
My personal vision is that ‘Everyone shall live a life of abundance.’ With that in mind, let us start 2020 off on the right foot by scheduling your five-minute mortgage review with me. Five minutes of your time could save you thousands of dollars in mortgage interest and increase your financial abundance. In recent months, we have saved clients’ between $8,000 and $20,000 in mortgage interest. Wouldn’t it be great to add that money to your wealth rather than the banks’ wealth?
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Author:
Keith Uthe Demystifying Mortgages
|
Aug 20, 2019
|
Categories:
Business Financing
,
Certified Real Estate Investment Adviser
,
Commercial Financing
,
Construction Mortgage
,
Debt Consolidation
,
Home Mortgage
,
Licensed Mortgage Agent
,
Lowest mortgage rate
,
Mortgage Associate
,
Mortgage Broker
,
mortgage interest
,
mortgage preapproval
,
mortgage prequalifying
,
Mortgage Rates
,
Mortgage Refinancing
,
Mortgage Specialist
,
Rental Property Financing
,
Second Mortgage
If you’re considering purchasing a house or investing in real estate, chances are you need to obtain a mortgage to fulfill your dream. Your knowledge of the various mortgage products and lenders may be limited, which may make selecting the right option a little challenging.
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