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by Jeremy
Earlier this week, Canada Mortgage and Housing Corporation (CMHC) released the results of their 2014 First-Time Homebuyers Survey, giving us some insight into what the average first-time buyer looks like in Canada. The survey polled 860 first-time buyers from all across Canada, who had undertaken a mortgage transaction in the last 12 months. Some of the interesting takeaways from the survey are: 84% of first-time buyers researched their mortgage options online, and 40% specifically on social media 70% of first-time buyers were satisfied with their mortgage broker Only 49% of first-time buyers were contacted by their mortgage broker post-transaction Some of the alarming numbers that…
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Posted by Jeremy
Whether you’re a first-time buyer or empty-nester, being properly prepared for your mortgage application will ensure the process…
Posted by Jeremy
Calgary’s red hot real estate market is going to cool down slightly for the second half of the…
Posted by Jeremy
For some people, getting out of a mortgage early is a realistic option, especially if they are doing…
Posted by Jeremy
Anytime you apply for a credit product (mortgage, car loan, credit card, etc.), your lender is required to…
Posted by Jeremy
According to a recent survey by LAWPRO®, 61 per cent of Canadians don’t know what options are available…
Posted by Jeremy
People can work hard to prepare for financial turmoil, but sometimes life just happens. When things get tougher…
Posted by Jeremy
The average consumer goes into a fixed-term mortgage thinking they will “set it and forget it”, but the…
Posted by Jeremy
According to a study released this week by Altus Group Canada, 80% of Canadian renters under 50 would…
Posted by Jeremy
According to Equifax Canada, one in ten Canadians admit it’s okay to inflate their annual income on a…
Posted by Jeremy
If you’re planning for a big purchase, like a home, you’re likely paying extra careful to your spending…
Posted by Jeremy
Financial difficulty, whether short-term or long-term, can happen to anyone at any time. Your home is one of…
Posted by Jeremy
You’ve probably heard a lot of tips on credit and insurance fraud in the past, but are you…