Blog

Bank of Canada maintains overnight rate target at 1/2 per cent

Published on Fri, 20 Jan 2017 14:44:18 +0000

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Uncertainty about the global outlook is undiminished, particularly with respect to policies in the United States. The Bank has […]

Read more
8 Things to Be Aware of When Buying a Second Home

Published on Mon, 16 Jun 2014 19:58:26 +0000

You can afford a second home, let us show you how! Now that low interest Canadian mortgage rates are readily available, it seems like the perfect time to invest in a second home. Here’s what you should know before purchasing a second property. Things to Learn About Before Buying a Second Home 1) Do your […]

Read more
A Few Things to Ask Your Mortgage Broker

Published on Mon, 16 Jun 2014 19:37:52 +0000

There are no silly questions. Listed below are a variety of questions to think about when speaking to your mortgage broker: How long have you been working in the mortgage industry? Years of experience is essential when it pertains to taking care of challenging mortgages. What type of education or licensing do you have? You […]

Read more
Additional Costs of Buying a Home

Published on Mon, 16 Jun 2014 19:28:51 +0000

Plan for these unanticipated costs when creating your budget. A number of first time homebuyers are often shocked when they see the total cost of their home purchase, including the additional expenses, on closing day. Here’s a list of a few of the “hidden” expenditures you should expect to pay. Land Survey Despite the fact […]

Read more
Bank Or Broker?

Published on Mon, 16 Jun 2014 19:07:56 +0000

Who should you consult for your mortgage pre-approval? Handle your mortgage like every other major purchase– that is, be sure you make the effort to compare rates and shop around. Not every Canadian mortgage rate is the same. Bank Rates When you visit a bank, it’s worth bearing in mind that their loan officers are […]

Read more
Bidding War: How To Survive

Published on Mon, 16 Jun 2014 18:49:56 +0000

Do you have what it takes to win a bidding war? Bidding wars occur when multiple offers are placed on a house. The seller can take any offer, depending on the best conditions proposed. Do’s and Don’ts. Be careful not to allow multiple bids steer you into a spiral of “ignorant bidding”. Do your financial […]

Read more
Bridge Financing

Published on Mon, 16 Jun 2014 18:31:32 +0000

Bridge the gap between one mortgage and the next. What happens if you find your perfect home the day after you put your current home on the market? Like many people, you probably get excited. Don’t worry! There is an answer– bridge financing. What is Bridge Financing? Bridge financing is short term financing that’s based […]

Read more
Construction Mortgages

Published on Mon, 16 Jun 2014 18:19:14 +0000

Considering building a new home? Here is what you will need to understand. Building a home is complex; your low mortgage rate shouldn’t be. Let’s take a look at three different ways to finance your newly constructed home in Canada: Builder/Contractor built a home with your money: Customer has made an agreement with a registered […]

Read more
For Sale By Owner – How Does This Change The Home Buying Process?

Published on Mon, 16 Jun 2014 16:52:59 +0000

The DIY guide for selling and buying a for sale by owner property When it comes to selling your home, a growing number of people are opting for the do it yourself approach. The private sale of homes is becoming relatively common thanks to advances in Internet technology and an increase in For Sale By […]

Read more
Hot Real Estate Market: Tips For Buyers

Published on Mon, 16 Jun 2014 16:36:51 +0000

Don’t get burned by a hot market Know Your Budget It’s a risk for any buyer to get in over their head with too high of a best mortgage rate investment. Remember to consider all costs related to buying a home and owning a home. You will need to make the mortgage payments, pay the […]

Read more
FamilyLending.ca is near you.

FamilyLending.ca is expanding in order to serve you better! At FamilyLending.ca, we are committed to providing you with the knowledge and understanding of financial products that are right for your particular situation. Click on the map markers to learn more about the FamilyLending.ca mortgage brokerage office in your community.

FamilyLending.ca has access to best rate mortgages from coast to coast. Why pay more when you can have the lowest mortgage rate out there? So what are you waiting for - how can FamilyLending.ca help you?