General Mohsen Ravankhah 29 Dec
Introduction: As we approach 2024, the Canadian housing market is displaying signs of a significant rebound. Experts anticipate a 9% surge in home sales and a steady increase in property values. This comes as a welcomed change after a series of steep interest rate hikes. Particularly, Alberta is expected to witness robust growth, contrasting with […]
Read MoreFirst Time Home Buyer Mohsen Ravankhah 29 Nov
Introduction: Embarking on the journey to homeownership is a thrilling venture, but for many Canadians, it comes with the significant hurdle of the mortgage stress test. Implemented by the Canadian government, this financial assessment is designed to ensure borrowers can weather potential economic storms. In this comprehensive guide, we’ll unravel the intricacies of the mortgage […]
Read MoreGeneral Mohsen Ravankhah 22 Nov
https://youtu.be/xHpyTtRbuUg?si=NNolms9jvqhUc40 CHIP Reverse Mortgage Wouldn’t it be nice if you had the money to do more of the things you want to do? A CHIP Reverse Mortgage could be just what you need. It’s the simple and sensible way to unlock the value in your home and turn it into cash to help you enjoy […]
Read MoreLatest News Mohsen Ravankhah 20 Nov
Introduction: Buckle up, Canada! The federal government is poised to usher in a housing renaissance with a groundbreaking fiscal update. Billions are set to be poured into reshaping the housing landscape, offering relief, and propelling the economy forward. Let’s dive into the game-changing highlights that promise to redefine affordable living across the nation Massive Funding […]
Read MoreGeneral Mohsen Ravankhah 16 Nov
Introduction: Navigating the Canadian mortgage market involves understanding the dichotomy between A lenders and B lenders. While A lenders are the traditional powerhouses, B lenders offer flexibility for those outside the conventional lending parameters. Let’s delve deeper into the intricacies, advantages, and disadvantages of both, shedding light on why clients might opt for alternative lending […]
Read MoreGeneral Mohsen Ravankhah 16 Nov
Mortgage Glossary
Read MoreGeneral Mohsen Ravankhah 12 Nov
Introduction: The Canadian residential mortgage market has witnessed intriguing shifts and trends in the first half of 2023, as highlighted by CMHC’s latest report. From changes in consumer behavior to alterations in market shares, the landscape appears to be transforming. Key Findings and Insights: Changing Landscape: The initial half of 2023 saw a slump in […]
Read MoreGeneral Mohsen Ravankhah 20 Oct
Introduction: In a world of rising interest rates and soaring real estate prices, Canadians are increasingly turning to innovative solutions to make homeownership more accessible. One such solution is the co-mortgage, a financial arrangement where two or more individuals jointly apply for and share responsibility for a home loan. In this blog, we’ll explore how […]
Read MoreGeneral Mohsen Ravankhah 19 Oct
Introduction: Securing a mortgage can be a challenging process, especially for individuals with limited credit history, low credit scores, or insufficient income. To help bridge the gap and increase approval chances, co-signers and guarantors play essential roles in the mortgage industry. In this blog post, we’ll explore everything you need to know about these two […]
Read MoreGeneral Mohsen Ravankhah 18 Oct
The world of mortgage rates is ever-changing, and if you’re approaching a mortgage renewal in a high-interest rate market, you might be facing some tough decisions. But fret not, as there’s a guiding light through this financial labyrinth – a Mortgage Broker. In this article, we’ll explore the challenges of mortgage renewal in a high-interest-rate […]
Read More