Mortgage Blog
Infinite Solutions, Infinite Possibilities
Benefits of Buying a New Home in the Summer
May 17, 2023 | Posted by: MorCan Financial Inc.
Summertime brings sunny days, warm weather, and an ideal opportunity for house hunting. If you're considering buying a new home, the summer months offer several advantages worth considering. In this ...
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First-Time Home Buyer Budgeting: What You Need to Know
April 20, 2023 | Posted by: MorCan Financial Inc.
As a first-time home buyer, budgeting is an essential part of the home buying process. By carefully planning your finances and considering all of the costs associated with purchasing a home, you can e ...
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Bank Of Canada Rate Update April 12, 2023
April 12, 2023 | Posted by: MorCan Financial Inc.
Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4. ...
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5 Things NOT to do When Selling Your Home
March 16, 2023 | Posted by: MorCan Financial Inc.
The process of selling a residential property can be time-consuming and emotionally involving, especially if it is your first sale. While your home's curb appeal influences a prospective buyer's poten ...
read moreBank of Canada Rate Update March 8, 2023
March 8, 2023 | Posted by: MorCan Financial Inc.
Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at ...
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Selling Your Home in the Winter: How You Can Make the Most of It
March 5, 2023 | Posted by: MorCan Financial Inc.
Selling your home in the winter can be a challenging task, but it can also be an opportunity to stand out in a crowded market. With fewer houses on the market and motivated buyers who are eager to mov ...
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Title insurance and home insurance–protect what matters most
February 27, 2023 | Posted by: MorCan Financial Inc.
When something goes wrong with your home and you suffer a loss, you need to be able to rely on your insurance coverage. Knowing which of your insurance policies to turn to isn't always easy. Title ins ...
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Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening
January 25, 2023 | Posted by: MorCan Financial Inc.
The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening ...
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Should You Spend the Full Mortgage Amount You're Approved For?
December 28, 2022 | Posted by: MorCan Financial Inc.
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...
read moreThe Pros and Cons of Fixed vs. Variable Mortgages
December 8, 2022 | Posted by: MorCan Financial Inc.
When it comes to choosing a mortgage, borrowers in Canada have two main options: a fixed rate mortgage or a variable mortgage. But which type is best for you? Here, we'll take a look at the pros and c ...
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