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September 2022

Trigger Rate

Posted on Sep 26, 2022

With another increase to Prime Rate in the cards for October, (unless you have a static payment), those with a variable rate are seeing another increase to your payment. I know this hasn't been an easy ride. I do very much believe that what comes up, must come down. If you can't handle the increases anymore, please reach out to me so that I can run...

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What's a Rate Hold?

Posted on Sep 25, 2022

Pre-approval is a term commonly used when it comes to mortgages.  Real Estate Agents often request that a client be pre-approved before they start shopping for a property.

As a mortgage broker our job is to pre-qualify the client, another way of saying pre-approved. We make sure the application and the math all makes sense before we submit to a lende...

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