A mortgage broker helps you find the best loan, but they can also save you money in unexpected ways. Understanding these benefits can help you make better financial decisions when buying a home. At Dare 2 Dream Mortgage Company, we focus on maximizing your savings. Here are five unexpected ways a mortgage broker can save … Read more
Buying a home is a major decision, and understanding the mortgage timeline can make the process smoother. Knowing what to expect each week can reduce stress and help you stay prepared. At Dare 2 Dream Mortgage Company, we guide you every step of the way to ensure you make informed decisions. Here’s a week-by-week breakdown … Read more
In today’s competitive housing market, understanding your credit score is of paramount importance when it comes to buying a home. A credit score not only influences your ability to secure a mortgage but also affects the terms of the loan you may qualify for, such as interest rates and payment amounts. This article delves into … Read more
When navigating the complex world of real estate financing, understanding the differences between residential and commercial mortgages is paramount. Each type of mortgage serves distinct purposes, caters to various borrower needs, and encompasses unique characteristics. In this article, we will delve into the key differences, loan insights, and factors to consider when evaluating residential and … Read more
In the complex landscape of home financing, understanding the various types of mortgages available is crucial for potential homeowners in Canada. The mortgage market offers a range of options, each catering to different financial situations and preferences. This article aims to elucidate the different types of mortgages in Canada, guiding you through the process of … Read more
As the financial landscape continuously evolves, understanding mortgage options becomes increasingly crucial, especially amid rising interest rates. Borrowers often find themselves faced with complex decisions regarding their mortgage loans, particularly when significant changes occur in the overall interest rate environment. This article aims to outline the current interest rate situation, its impact on mortgages, the … Read more
Embarking on the journey to homeownership can be both exciting and daunting. One of the most crucial steps in this process is understanding mortgage pre-approval. This article aims to elucidate the concept of mortgage pre-approval, its significance, and the steps you need to take to navigate the real estate market successfully. With the assistance of … Read more
Purchasing a home is a significant milestone in many people’s lives, often representing both a financial investment and a personal achievement. However, the process of securing a mortgage can be fraught with complications, especially for first-time homebuyers. To facilitate a smoother journey toward homeownership, it is essential to be aware of common pitfalls that can … Read more
At Dare 2 Dream Mortgage Company, we recognize that the journey to buy a home can be daunting for any home buyer. It’s important to understand the intricacies involved, especially in the dynamic real estate market of Vancouver. Our dedicated team is committed to helping you navigate the mortgage process, ensuring that you can fulfill … Read more
Navigating Commercial Mortgages in Canada: A Guide to Commercial Real Estate Financing In the dynamic world of commercial real estate, securing financing can be a nuanced process requiring an understanding of various factors, products, and market conditions. This guide aims to provide insight into navigating commercial mortgages in Canada, detailing how they function, the types … Read more
Refinancing a Mortgage in Canada: How to Refinance Your Mortgage for Better Rates Refinancing a mortgage in Canada is a strategic financial decision that many homeowners consider to improve their financial situation. By understanding the various aspects of mortgage refinancing, individuals can make informed choices that may lead to substantial savings. This article aims to … Read more
When it comes to securing a mortgage, potential borrowers often face the decision of whether to work with a mortgage broker or to go directly to a bank. Understanding the pros and cons of using a mortgage broker can significantly influence this choice. This article will explore the roles, advantages, and disadvantages associated with mortgage … Read more
Introduction: Getting into a home doesn’t just happen overnight: It takes research, discipline and a clear plan. Planning for a mortgage is an essential part of the plan. Getting approved for a mortgage may feel like biting off more than you can chew but it is fundamentally a process that may be broken down into … Read more
You have decided to own a house. The papers are ready to be signed. At this stage, before you move, it might be wiser to be acquainted with a few additional costs beforehand. These might seem a bit daunting at first, but if you know these, it makes the process more streamlined and hassle-free. … Read more
It is everyone’s dream to one day have a house they can call their own. We are here to help you determine whether it is the right time for you to buy a house and what you should expect in the process. Credit Be sure to establish and build your credit. Although amazing credit is … Read more
If you are coming to the end of your mortgage term and need to renew your mortgage, you face many opportunities. You have the ability to change the terms of your mortgage including repayment, refinancing, renewal or switching. You also have the option to either renew your agreement with your current provider or transfer your … Read more
New mortgage lending rules have made it tougher for borrowers to finance their real estate dreams. With tighter policies, the mortgage qualification criteria are stricter than ever, and this directly impacts the homebuyer market. With a higher qualifying rate, an environment of increasing interest rates, a slowing home sale market, and more stringent lender policies, … Read more
I want to wish you and your family a blessed and wonderful Holiday Season, and a happy, healthy, and peaceful New Year 2019! If you need any assistance from Chris Jung during the holiday season, feel free to get in touch with me by clicking here.
Vancouver is considering allowing duplexes in most areas of the city currently restricted to single-family homes, and the plan has prompted a lengthy public hearing that is far from over. The city clerk says 73 people signed up to speak at the hearing that began early Tuesday evening and adjourned hours later with 34 speakers … Read more
David Rosenberg, chief economist and strategist at Gluskin Sheff + Associates, joins BNN Bloomberg to weigh in on Canada’s latest jobs data, the Bank of Canada’s next moves and his outlook for markets as rates rise.
