Author: Cognitive Capital
10 Important Questions to Ask Your Contractor
Are you thinking about hiring a contractor before selling real estate? Here are ten important questions you should ask the contractor before signing a contract.
Bank of Canada Rate Update October 26, 2022
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate at 4% and the deposit rate at 3.75%. The Bank is also continuing its policy of quantitative tightening. Inflation around the world remains…
Best Ways to Plan for Your Down Payment
Do mortgages seem unaffordable? These tips will help you plan for your down payment so you can start talking to a private lender mortgage broker in no time. Buying your first house can be exciting, but before you can start to tour potential homes, you need to save a reasonable down payment. Large down payments…
Common Mistakes That House Flippers Make & How to Avoid Them
Mistakes That Can Make House Flipping a Flop Common Mistakes That House Flippers Make & How to Avoid Them Making it in the world of house flipping means making sound and prudent decisions. Read on to learn more about common house flipper mistakes. Buying a property to flip is no easy feat. House flipping is…
How Mortgage Rates Affect Buying Power?
Do You Know How Your Mortgage Rate Affects Buying Power? To maximize your purchasing power, you should understand how interest rates impact your home buying power. With rising home values and rising interest rates, you may want to consider a private lender when looking at ways to finance your mortgage. Purchasing power refers to how…
Bank Of Canada Rate Update September 7, 2022
Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.25%, with the Bank Rate at 3.5% and the deposit rate at 3.25%. The Bank is also continuing its policy of quantitative tightening. The global and Canadian economies…
Should You Pay Off Your Mortgage Early?
It’s a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will explore some of the reasons you may want to hold off on that final payoff amount. Other Debts If…
How Many Homes Should You View Before Buying?
If you are beginning the home-buying process, you may begin to wonder how long it will take until you find the perfect home for you and your family. The answer to that varies due to different factors. Check out these three factors on how many homes you will tour before buying: The State of the…
Bank Of Canada Rate Update July 13, 2022
Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.5%. The Bank is also continuing its policy of quantitative tightening (QT). Inflation in Canada is…
Tips for Buying Rental Investment Properties
Most people float the idea of investment property around at some point in their life, and the growing popularity of real estate buy-and-flip shows only makes the prospect more enticing. However, before taking out multiple mortgages or meeting with private lenders, it’s imperative to understand more about real estate investment. Now is a great time…
