Mortgage Blog

Understanding and Utilizing Home Equity

If you've consistently made mortgage payments over the years, you've been accumulating home equity. As this equity grows, homeowners can access it, converting it into cas ...

Read More

• Oct 1, 2023
• CENTUM® Canada

Unlocking the Door to Your Dream Home: Exploring First-Time Homebuyer Options

Unlocking the Door to Your Dream Home: Exploring First-Time Homebuyer Options Home Sweet Home: these three words hold a special place in our hearts. Owning a home is ...

Read More

• Sep 27, 2023
• CENTUM® Canada

The Canadian Dream Home Blueprint - Pre-Construction Mortgages

What Is a Pre-Construction Mortgage? Pre-construction mortgage is like a sneak peek at your dream home. You lock in a deal with the builder before they even start swingi ...

Read More

• Sep 27, 2023
• CENTUM® Canada

Can a first-time home buyer have a mortgage co-signer?

Can New Home Buyers in Canada Use a Mortgage Co-Signer? Struggling to secure a mortgage or need a financial boost? Consider bringing in a co-signer. Dive deeper into t ...

Read More

• Sep 17, 2023
• CENTUM® Canada

Bank of Canada maintains policy rate, continues quantitative tightening

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of qu ...

Read More

• Sep 6, 2023
• CENTUM® Canada

Maple Scented Dreams: Navigating the Canadian Home Affordability Maze

Ah, the Canadian dream of owning a home! Picture yourself sipping maple syrup-infused coffee in a cozy house while watching hockey on your big-screen TV. While that may b ...

Read More

• Aug 25, 2023
• CENTUM® Canada

Top Reasons To Refinance Your Home And Reasons Why You Maybe Should Not.

Refinancing a mortgage means replacing your existing loan with a new one, either with your current lender or a different one. Canadians often consider refinancing ...

Read More

• Aug 23, 2023
• CENTUM® Canada

Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips

Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips The process of buying, selling, or refinancing a home involves a c ...

Read More

• Aug 9, 2023
• CENTUM® Canada

Navigating High-Interest Rates and Inflation: Your Path to Mortgage Resilience

Introduction As your trusted mortgage broker, I understand that the current economic backdrop in Canada is presenting challenges for many homeowners. With interest rat ...

Read More

• Aug 5, 2023
• CENTUM® Canada

Understanding Credit Scores and Maximizing Mortgage Opportunities in Canada

Introduction In Canada, your credit score plays a crucial role in your financial life, especially when it comes to major transactions like securing a mortgage. A ...

Read More

• Jul 27, 2023
• CENTUM® Canada

Navigating the Eh-mazing World of HELOCs in Canada

Ah, the Home Equity Line of Credit (HELOC) - a financial maneuver that gives homeowners in Canada the power to tap into their home's equity. But wait, is it as easy as si ...

Read More

• Jul 25, 2023
• CENTUM® Canada

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy ...

Read More

• Jul 12, 2023
• CENTUM® Canada

Borrowing Money from Uncle Dave Isn't Always an Option

Move over, banks! Private lending has become the cool new kid on the financing block in Canada. With more and more people looking for alternative options, private lending ...

Read More

• Jun 27, 2023
• CENTUM® Canada

Catching Up on Retirement with an Income Property: A Wise Investment Strategy

As the retirement landscape continues to evolve, many individuals find themselves concerned about the adequacy of their savings and the possibility of outliving their nes ...

Read More

• Jun 21, 2023
• CENTUM® Canada

Some great tips to help you save for a home

A home for most all Canadians is likely the most significant purchase you will make in your lifetime, so it is essential to be well-prepared. It is crucial to understa ...

Read More

• Jun 13, 2023
• CENTUM® Canada

Bank Of Canada Rate Update June 7, 2023

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 4.75%, wit ...

Read More

• Jun 7, 2023
• CENTUM® Canada

Strategies for Speeding Up Mortgage Repayment

Those of us who desire to own a home often long for the time when our mortgage is paid off. Although the majority of Canadian mortgages are usually amortized over the c ...

Read More

• Jun 3, 2023
• CENTUM® Canada

Local Homeowner Outruns Mortgage, Claims 'Cardio for my Budget' is the Key to Success

Ready to ditch your mortgage debt and live mortgage-free? Check out our "how to guide" on paying off your mortgage faster. We'll show you the financial ninja moves you ne ...

Read More

• May 25, 2023
• CENTUM® Canada

Benefits of Buying a New Home in the Summer

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 advanta ...

Read More

• May 17, 2023
• CENTUM® Canada

From Igloos to Insanity: Navigating the Great Canadian Housing Crisis

Ah, housing affordability - the elusive unicorn of the real estate world. It's the topic that's always on everyone's lips, but when it comes to actually finding it, it's ...

Read More

• Apr 25, 2023
• CENTUM® Canada