Blog Articles
Time for a Better Rate?
Over the last few weeks mortgage interest rates have continued to drop. I’ve had many calls from clients wondering if it is worthwhile to break their current mortgages and re-do them into today’s lower rates. The straight answer is it all depends.
What’s Your Best Mortgage Rate?
The best rate for each client truly depends on their particular circumstances.
Mortgage Rules Tightening July 1
Reduced debt service ratios will significantly affect borrowers. Based on current guidelines, if you are qualified to purchase a home priced at $350,000 this price will drop to $310,000 under the new guidelines which come into effect July 1, 2020. If you have been pre-qualified to buy a home and are currently house hunting, I can not stress how critical it is that you touch base with your mortgage person to see how these changes may affect your application.
Buying a Strata Property – Read the Fine Print
I talked about buying strata properties in a previous column. After a few recent escapades with condo purchases I think I’d like to talk about it again. Strata properties can offer the convenience of shared maintenance costs, security, benefits like pools and workout...
Home Insurance Challenges at Closing Time
One of the pieces that you need to take care of prior to your mortgage closing (finalizing) is buying home insurance. Sounds fairly simple, but this part of the process can cause headaches for you.
Tracy Head
Your Kelowna Mortgage Brokers
Whatever your personal circumstances, Laurie Baird and Tracy Head will analyze your financial situation and recommend mortgage options that best suit your needs. Laurie and Tracy are the mortgage professionals that will help find the right mortgage solution for you.
Contact us today to find out how we can make owning your home and managing your mortgage more affordable and worry-free! We provide complimentary consultations and offer advice and guidance to help you realize your goal of home ownership sooner.
Laurie Baird
