Author: Cognitive Capital
Buying Land To Build A Home in Ontario
If you’ve been dreaming of escaping your unruly neighbors, the hubbub of the city, or the restrictions of your homeowners’ association, then buying land to build a home is your best choice. However, purchasing land isn’t a decision to be taken lightly as it requires thorough research and due diligence. Here are some tips if…
Bank Of Canada Rate Update June 9, 2021
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank…
Your House-Closing Timeline: A Step-By-Step Guide | Ontario
The process of buying a house can be quite exciting. However, the process is laborious, and it can also be nerve-wracking, especially if you do not know what to expect at what stage. The process is long, and it involves multiple steps that have to be followed before closing a deal. In real estate, closing…
Home Selling Season is Around the Corner: Tips to Get Ready
Home selling season is rapidly approaching. In most cases, spring is the top time to sell a home. One reason spring is the top-selling season is that home buyers align their moving schedule with their children’s school year. A home sold in April, may have a closing date in June that coincides with their child’s…
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…
Real Estate 101: Essential Tips for First-Time Home Buyers
Buying a home is always a big decision, but when you’re a first-time buyer it’s even more important to get it right. Without home-buying experience to draw on, it’s easy to make mistakes you could regret for years to come. Here’s what to avoid 1) Don’t Rush the Mortgage In the excitement of buying your…
10 Essential Tips for Taking Out Your First Mortgage
Taking out your first mortgage presents a major financial commitment, possibly the biggest one you’ll ever make, so it’s crucial that you get the best deal available. Getting a mortgage is often not a quick and straightforward process either, particularly since the options available to you will vary depending on factors such as your income,…
Should You Spend the Full Mortgage Amount You’re Approved For?
Before you start shopping for a new home, you’ll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not be what you can actually afford, based on your personal situation. Only you can decide…
Should You Refinance Your Mortgage?
There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether refinancing is a good idea for you. What is refinancing? To refinance means to apply for a new loan on your current mortgage.…
Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!
Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance at today’s low interest rates. With interest rates this low, you owe it to yourself to at least give refinancing a…