General Mohsen Ravankhah 10 Oct
Introduction Becoming a homeowner is a dream shared by many, but for business owners and self-employed individuals in Canada, it can sometimes feel out of reach due to unconventional income streams. However, there’s a ray of hope in the form of the “Stated Income Program.” In this blog post, we’ll explore this specialized mortgage option, […]
Read MoreGeneral Mohsen Ravankhah 5 Oct
Introduction: When it comes to mortgages, most people are aware that they’ll be making monthly payments for a long time. However, what many homeowners don’t realize is that they have the option to make extra payments or pay off their mortgage early without incurring hefty penalties. This is where prepayment privileges come into play. In […]
Read MoreGeneral Mohsen Ravankhah 29 Sep
Introduction: Are you a self-employed individual with dreams of homeownership? Running your own business gives you freedom, but securing a mortgage can be challenging. Traditional lenders often struggle to understand the financial intricacies of self-employment. That’s where a mortgage broker can be a valuable partner, especially when exploring stated income programs. In this article, we’ll […]
Read MoreGeneral Mohsen Ravankhah 26 Sep
Introduction: Mortgage renewal – a term that often raises questions among homeowners. Whether you’re new to this or a seasoned homeowner, it’s crucial to understand mortgage renewal. In this guide, we’ll explain the basics, discuss when to act, and share tips for negotiating your mortgage renewal. Understanding Mortgage Renewal: The Basics Let’s start with […]
Read MoreGeneral Mohsen Ravankhah 20 Sep
Introduction: In recent months, Canada’s economic landscape has witnessed an unexpected twist—a surge in inflation. The annual inflation rate in August soared to 4.0%, a significant jump from 3.3% in July. This sudden spike has raised questions about potential interest rate hikes and how this could impact both the market and individual Canadians. In this […]
Read MoreGeneral Mohsen Ravankhah 14 Sep
Introduction: Canada is in the midst of a housing crisis that threatens affordability, population growth, and economic stability. A recent report from the Canada Mortgage and Housing Corporation (CMHC) reveals that the nation needs an additional 3.45 million homes by the end of this decade to ensure that households don’t spend more than 40% of […]
Read MoreGeneral Mohsen Ravankhah 13 Sep
introduction Canada’s housing market has been a topic of intense discussion and speculation in recent years. As home prices continue to surge, many have expressed concerns about the sustainability of this growth. In this blog, we will explore the various factors affecting Canada’s housing market and the possibility of a housing bubble burst, drawing parallels […]
Read MoreGeneral Mohsen Ravankhah 8 Sep
Introduction: Owning a home is a cherished dream for many Canadians, but the ever-rising costs of real estate can be a significant roadblock. The Canadian government recognizes this challenge and has introduced the First-Time Home Buyer Incentive to help aspiring homeowners leap into the real estate market. In this blog post, we’ll delve deeper into […]
Read MoreGeneral Mohsen Ravankhah 6 Sep
**Introduction:** Over the past five years, the Canadian real estate market has experienced a remarkable upswing in home prices, resulting in substantial equity gains for homeowners who entered the market in 2018. A recent study by Zoocasa analyzed property values in 15 major housing markets across Canada, unveiling impressive equity growth. In this blog […]
Read MoreGeneral Mohsen Ravankhah 6 Sep
Introduction: Buying a home in Canada is a significant financial milestone, but it comes with a range of costs that extend beyond the purchase price. Whether you’re a first-time homebuyer or moving to a new place, understanding these costs is essential for successful homeownership. In this blog post, we’ll explore the one-time and ongoing expenses […]
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