I see this time and time again. Clients have opted for a fixed rate mortgage with their bank – a chartered bank – and they find out the ‘great’ rate they signed up for comes with a massive curveball! IRD – Interest Rate Differential – get to know this term.  It is scary. To get […]

6 Tips To Help You Renew Your Mortgage A common statement that many of our new clients that come to us when their existing mortgage is up for renewal is “ we are so glad that we called you”. Or ” I am so happy that I did not just sign the original offer from my […]

As 2015 whips into gear, here are some borrowed quips on the rate forecast and housing market insights for the year to come…. The CREA revised its forecast for annual housing sales in December, projecting national activity to reach 485,200 units, a year-over-year increase of 0.8 per cent. In December, Scotiabank predicted that interest rates will stay […]

I shop the best rates and products from 90 different Banks, Credit Unions and Trust Companies including: TD Bank, Scotia, Credit Unions, and many others.  My services are free as the bank pays me a finder’s fee. The Industry is changing and banks now have to compete for business, so they value our referrals.  Keep […]

10 Most Commonly Asked Mortgage Questions  By Michael James Mortgage Evolution mjames@mortgageevolution.ca 604.770.4900    1. What’s the best rate I can get? Your credit score plays a big part in the interest rate for which you will qualify, as the riskier you appear as a borrower, the higher your rate will be. Rate is definitely […]

BMO Bank of Montreal found that up to 40 per cent of their first-time buyers expect some family help to get on the property ladder. Vancouver Sun reporter Derrick Penner sought some expert advice on how parents can approach the situation. Q: How can I help my child buy her first home? A: It can […]