by Peter Lirantzis | Nov 6, 2020 | Blog, Homeownership, Mortgage
How Does Skipping a Mortgage Payment Work? Many lenders provide the option for you to skip a mortgage payment each year to help alleviate those tight financial months where everything seems to come due at once. But this also may be an option to help you push...
by Peter Lirantzis | Oct 23, 2020 | Announcements, Homeownership, Mortgage
The federal government introduced a six-month Mortgage Deferral Program – which officially wrapped up September 30th – to help Canadians stay in their homes while the job market recovered from COVID-19. With the deferral program coming to an end, stress has mounted...
by Peter Lirantzis | Oct 9, 2020 | Blog, Economy, Homeownership, Mortgage
Often times, when you buy a property, there’s a gap between your home’s closing date and the day in which your lender withdraws your first mortgage payment from your bank account. During those in-between days, interest is accumulated on the money you owe, and a...
by Peter Lirantzis | Oct 2, 2020 | Blog, Economy, Homeownership, Mortgage
In the simplest of times, debt has a way of creeping up and quickly causing grief in our everyday lives, not to mention the havoc it can wreak during a pandemic, creating extra stress and uncertainty. A debt consolidation mortgage is an affordable way to pay...
by Peter Lirantzis | Sep 25, 2020 | Blog, Mortgage
The arrival of COVID-19 has fundamentally changed the way we live our lives – from the way we work, think, dress, shop and interact with others. As a society, we’re also spending more time in our homes than ever before. The days of leaving the house from 9 to 5,...
by Peter Lirantzis | Sep 18, 2020 | Blog, Homeownership, Mortgage
One of the most challenging obstacles to homeownership is saving enough money for a down payment. Thankfully, mortgage default insurance provides a break to homebuyers that enables you to put less money down. The minimum down payment required to purchase a...
by Peter Lirantzis | Sep 4, 2020 | Blog, Homeownership, Mortgage
Both a home appraisal and an inspection are important steps within the home buying process, so it’s well worth your effort to distinguish the differences between them and learn how they can both be used to your advantage to uncover detailed information about a...
by Peter Lirantzis | Aug 28, 2020 | Blog, Finance, Mortgage
We’re capable of convincing ourselves of pretty much anything, especially concerning our personal spending habits and debt levels. When we start spending beyond our means, there are many short-term things we can do that will help put a band-aid on our debt...
by Peter Lirantzis | Aug 21, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
The Canadian real estate market was in good shape heading into 2020, but the busy spring season was delayed a bit thanks to COVID-19. The good news is that it has come back white hot, breaking records throughout the summer and showing no signs of slowing down anytime...
by Peter Lirantzis | Aug 14, 2020 | Blog, Economy, Homeownership, Mortgage
Your credit rating affects all aspects of your financial activities when it comes to borrowing money, as it helps lenders determine the level of risk associated with lending money to you. If you have a solid credit score, lenders believe you’re more likely to make...
