First-time homebuyer Archives - Page 4 of 13 - Ingrid Bjel McGaughey - Mortgage Broker

September 6, 2022 1 Comment

Fixed or variable rate mortgage: is rate the only thing to look at? One of the biggest questions you'll face when planning your mortgage, is whether to lock in to a fixed rate

April 11, 2022 1 Comment

Don't be nervous about getting a mortgage, a broker can help! One-third of Canadians already use a mortgage broker when getting a new mortgage (source: CAAMP).   And a report from the Bank of

January 18, 2022 1 Comment

"Conditional on financing" - do I need this? When you find the condo or house of your dreams, and want to make an offer to purchase it, do you need a financing clause?

November 22, 2021 1 Comment

I work with many first-time homebuyers in Toronto, Mississauga, Oakville, and throughout Ontario.  Some have already talked to a professional of one type or another about their mortgage, others haven't. All of them seem surprised at the

December 21, 2020 6 Comments

  Minimum down payment increase - what you need to know On February 15, 2016, the minimum down payment rules changed in Canada.  On homes purchased for more than $500,000, the portion of the house price over