Mortgage Blog
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Category: Mortgage (17 posts)
Bank Of Canada Rate Update January 26, 2022
February 1, 2022 | Posted by: Mortgage InGenuity Inc.
Bank of Canada maintains policy rate, removes exceptional forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ...
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Top 10 Questions to Ask Your Mortgage Broker in Ontario
January 25, 2022 | Posted by: Mortgage InGenuity Inc.
Top 10 Questions to Ask Your Mortgage Broker The mortgage world can sometimes be difficult to navigate when buying a home. However, an experienced Mortgage Broker can help walk you through the proces ...
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How Much of A Mortgage Can You Afford?
January 18, 2022 | Posted by: Mortgage InGenuity Inc.
How Much of a Mortgage Can You Afford? Mortgage Application: How Much of A Mortgage Can You Afford? The mortgage application process involves a buyer's due diligence in calculating how much mortgage ...
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Prequalification and Pre-Approval—What is the Difference? Home Buying in Ontario
January 11, 2022 | Posted by: Mortgage InGenuity Inc.
What is the Difference Between Pre-Qualification and Pre-Approval? Prequalification and Pre-Approval-What is the Difference? Prequalification is a basic review of the borrower's information to deter ...
read moreBank Of Canada Rate Update December 9, 2021
January 4, 2022 | Posted by: Mortgage InGenuity Inc.
Bank of Canada maintains policy rate and forward guidance 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 ...
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What to do if You Are Denied a Mortgage
December 28, 2021 | Posted by: Mortgage InGenuity Inc.
What to do if You Are Denied a Mortgage Main reasons Why your mortgage application is Denied and What to do If Mortgage lenders reject Yours Mortgage lenders often reject loan application requests f ...
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How to Know if it's Time to Refinance
December 21, 2021 | Posted by: Mortgage InGenuity Inc.
How to Know if it's Time to Refinance According to mortgage advisors, mortgage refinancing is one of the ways to make and save money from your home loan. When done right mortgage refinancing benefits ...
read moreBank Of Canada Rate Update Oct 27, 2021
December 14, 2021 | Posted by: Mortgage InGenuity Inc.
Bank of Canada maintains policy rate and forward guidance, ends quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with ...
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What Is Home Equity and How Can I Build It?
November 30, 2021 | Posted by: Mortgage InGenuity Inc.
Home equity is an essential asset for creating wealth and income. Learn how home equity is calculated, why it's important, and five steps you can take to build it. As you make monthly mortgage paymen ...
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Bank Of Canada Rate Update Sept 8, 2021
November 16, 2021 | Posted by: Mortgage InGenuity Inc.
Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower boun ...
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Getting a Mortgage as a Student
November 2, 2021 | Posted by: Mortgage InGenuity Inc.
Purchasing a home is most likely one of the most sizable purchases most of us will ever make, and finally, buying a home is a dream come true for most. For students, it may seem like this dream is fo ...
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What Happens if You Lose Your Job Before Closing?
October 26, 2021 | Posted by: Mortgage InGenuity Inc.
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 ...
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How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in Ontario
October 19, 2021 | Posted by: Mortgage InGenuity Inc.
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 ...
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Bank Of Canada Rate Update July 14, 2021
October 12, 2021 | Posted by: Mortgage InGenuity Inc.
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 ¼ per ...
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Risks of Putting Down a Firm Offer with a Pre-Approval Ontario
October 5, 2021 | Posted by: Mortgage InGenuity Inc.
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 ...
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Low Rates in Ontario Helping Buyers Pay Off Their Mortgages at Record Pace
September 28, 2021 | Posted by: Mortgage InGenuity Inc.
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 moreBank Of Canada Rate Update June 9, 2021
September 14, 2021 | Posted by: Mortgage InGenuity Inc.
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 ...
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