by Majid Habibi | 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 Majid Habibi | Oct 2, 2020 | Blog, Mortgage, Productivity
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 Majid Habibi | Sep 18, 2020 | Blog, Economy, 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 Majid Habibi | Sep 4, 2020 | Blog, Economy, 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 Majid Habibi | Aug 7, 2020 | Blog, Finance, Homeownership, Mortgage
Canadian seniors who are feeling the financial effects of the COVID-19 pandemic are showing interest in reverse mortgages as a way to stay in their current homes. With a reverse mortgage, Canadians aged 55+ can borrow funds against home equity. No payments are...
by Majid Habibi | Jul 3, 2020 | Blog, Economy, Homeownership, Mortgage
When you took out your current mortgage, you were required to make a number of key decisions, such as the type of rate you wanted – fixed or variable – the amortization period, whether it was open or closed as well as what term you wanted. A mortgage term...
