The latest from the team at Patching Mortgage
Variable vs Fixed, 2015 edition
As the overnight rate drops .25%, likely due to the decline in oil prices, all mortgage holders and people looking to get into the market
Bank of Canada lowers rate!!
Good Morning, The Bank of Canada lowered their key rate by 0.25% this morning. Good news for variable rate mortgage holders. For the full press
BC Homeowners update 2015
As many homeowners start to recieve their latest home assesments in the mail, many may notice a rapid growth in the value of thier homes.
Variable Rate Mortgage update – December 2014
The Bank of Canada left rates unchanged this morning, so no impact on the variable rates. The following is a link to the full press
Have You Considered Opting for a 50/50 Mortgage?
Hybrid mortgages – also known as 50/50 mortgage products – include an equal mix of fixed-rate and variable-rate components within your single mortgage. This means
Have you considered refinancing to pay off debt?
With the high cost of holiday gift-buying and entertaining now behind you, this may be the perfect time to get the New Year off to
Why Use a Mortgage Professional
There are generally two ways to get a mortgage in Canada: From a bank, or from a licensed mortgage professional. While a bank only offers
It’s not all about the rate
It’s easy to get caught up in the idea that comparing mortgage rates will guarantee you get the best bang for your mortgage buck. While
Choosing Your Mortgage Amortization
Selecting the length of your mortgage amortization period – the number of years it will take you to become mortgage free – is an important
Transition from a Renter to Home Owner
Transitioning from renter to homeowner is one of the biggest decisions you’ll make throughout your lifetime. That’s why it’s essential to surround yourself with a
Getting a Mortgage Pre-Approval
If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more
All the Single Ladies
It’s becoming increasingly apparent that a greater number of women are now taking the reigns when it comes to home purchases. There’s a growing trend