The latest from the team at Patching Mortgage
You just bought a home, Congrats! What are your closing costs?
Congratulations you just received an accepted offer, and you are purchasing a home. As the completion date approaches hopefully your Realtor and Mortgage Broker has
What is Mortgage Insurance
What is Mortgage insurance? Mortgage default insurance protects lenders in the event a borrower ever stopped making payments and defaulted on their mortgage loan. It
The many kinds of Mortgages and the rates that come with it.
OK. You’ve began researching for a mortgage, and what’s the first thing you do? You Google – best rate “fill in the blank of the
Construction Mortgages, and what you need to know about them
So you’re looking to build a new home for you and your family? Or build a home as an investment property? If so, it’s important
A Brokers life – What you think I do, and what I really do
The primary purpose for producing this piece was to try and demystify the job of a Mortgage Broker. By now everybody that has a mortgage
6 Home purchase closing costs
Congratulations, you’ve just finished the mortgage process, removed subjects, and are now preparing for your meeting with the Notary to complete your new purchase. This
Is it all about rate?
Is It All About Rate? Most believe that it is. Many think that obtaining the lowest rate is essential to your real estate investment success. But keep in mind, rate is but one
Best ways to shop for a Mortgage
There comes a time in everyone’s life where they go from renter to homeowner. This is not an easy feat for most people, and one
A Brief history of Interest rates
January 1, 2017: OSFI imposed onerous capital requirements on default insurers, thus disadvantaging many bank competitors (and consumers) by jacking up rates substantially on low-ratio insured
Worst question ever – What’s your best rate ?!
Securing a mortgage can seem daunting. There are many variables, charges, and procedures that one must go through to secure a loan in order to