What Happens if You Lose Your Job Before Closing?
August 4, 2021 | Posted by: Mortgage InGenuity
A job loss a few days or weeks prior to closing your home purchase can be distressing; especially when you have no alternative source of income. Getting a new job can ease the situation, but it's not ... [read more]
How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in Ontario
July 21, 2021 | Posted by: Mortgage InGenuity
When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with ... [read more]
Bank Of Canada Rate Update July 14, 2021
July 14, 2021 | Posted by: Mortgage InGenuity
Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program The Bank of Canada today held its target for the overnight rate at the effective lower bound of ΒΌ per ... [read more]
Risks of Putting Down a Firm Offer with a Pre-Approval Ontario
July 7, 2021 | Posted by: Mortgage InGenuity
Risks of Putting Down a Firm Offer with a Pre-Approval Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you fin ... [read more]
Low Rates in Ontario Helping Buyers Pay Off Their Mortgages at Record Pace
June 28, 2021 | Posted by: Mortgage InGenuity
Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61% ... [read more]
Buying Land To Build A Home in Ontario
June 16, 2021 | Posted by: Mortgage InGenuity
Buying Land To Build A Home 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 ... [read more]
Bank Of Canada Rate Update June 9, 2021
June 9, 2021 | Posted by: Mortgage InGenuity
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 rat ... [read more]
Your House-Closing Timeline: A Step-By-Step Guide | Ontario
June 7, 2021 | Posted by: Mortgage InGenuity
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 lo ... [read more]
What Are the Next Steps After Your Offer Was Rejected? In Ontario
May 19, 2021 | Posted by: Mortgage InGenuity
What are the next steps after your offer was rejected? Finding an ideal home can be a daunting process. It involves talking to a wide range of realtors and having a myriad of meetings with your mortg ... [read more]
Investing In An Apartment Complex
May 5, 2021 | Posted by: Mortgage InGenuity
Investing In An Apartment Complex Investing in an apartment complex is one of the most effective ways of building wealth in the real estate industry. Some of the benefits that are associated with inv ... [read more]
