by Majid Habibi | Mar 20, 2020 | Blog, Economy, Homeownership, Mortgage
Concern surrounding coronavirus – COVID-19 – has led to a crash in oil prices and economic uncertainty surrounding capital markets, which has resulted in most Canadian banks significantly reducing both fixed- and variable-rate mortgage rates. Around the world...
by Majid Habibi | Mar 6, 2020 | Blog, Economy, Homeownership, Mortgage
In 2017, the federal government announced a set of strict mortgage qualification rules including the much-talked about, and often-debated, stress test. Implemented for federally regulated lenders, the stress test was created to help alleviate overheating housing...
by Majid Habibi | Feb 7, 2020 | Blog, Economy, Finance, Homeownership, Mortgage
The decision to become a homeowner represents a significant milestone. It’s, therefore, extremely important to consider all your options when it comes to the different types of available homes to ensure you find the right one that fulfills as many of your personal and...
by Majid Habibi | Jan 17, 2020 | Blog, Economy, Finance, Homeownership
The most popular mortgage selected by Canadians is the five-year fixed-rate option. While this isn’t always the best choice, it’s definitely the most common. But a lot can happen in five years. What if you need to buy a bigger home to accommodate your growing family...
by Majid Habibi | Jan 3, 2020 | Economy, Finance, Homeownership, Mortgage
Sometimes, you may just need an added boost to qualify for the loan amount required to get you into your new home, particularly following the introduction of tighter mortgage qualification rules. If you’re experiencing difficulty meeting traditional lender...
by Majid Habibi | Dec 20, 2019 | Economy, Guest Post, Mortgage
Historically, real estate has proven to be a sound investment option. Nowadays, with rental properties scarce and rental fees through the roof, investing in real estate could be considered a great option, especially if you cater to the right demographic in the right...
