Pay off Mortgage Early

4 methods to pay off your mortgage early

Some homeowners are eager to get out of mortgage debt early. The reasons range from the psychological pressure of being indebted to slashing interest payments.

For retirees, paying off your home loan early can help you increase your cash flow. This is especially beneficial when you transition into a fixed income.

Young Woman with Face Mask at Office

How technology will empower real estate’s new normal amidst COVID-19

In Ontario, the government is gradually reopening the economy, allowing facilities from retail stores and parks to open with restrictions to prevent COVID-19 spread. Premier Doug Ford hasn’t set hard deadlines for things to go back to normal completely, but over the next few weeks, people are expected to slowly return to their offices — with caveats.

“If there are two words that will characterize the post-pandemic world, it would be behavioural change,” says Ram Srinivasan, managing director of consulting at JLL Canada.

Simple steps you can take to prepare for a recession amid coronavirus.

The fast-spreading new coronavirus has health authorities recommending that Canadians prepare a COVID-19 emergency kit. But they may also want to have an emergency fund.

With stock markets and oil prices plummeting to record lows, some economists are expecting a recession. RBC, for example, recently updated its economic forecast to predict Canada will experience a brief economic downturn before bouncing back somewhat in the latter months of the year.

Top 10 Spring Cleaning Tips for 2021

Believe it or not, it’s time to start thinking about spring cleaning your home. Spring cleaning is important for everyone, particularly if you’re an allergy sufferer. You owe it to yourself and your family to enjoy a clean that’s more than dirt-deep. Think allergen-deep.

And you don’t have to dread spring cleaning. Just follow our top 10 spring cleaning tips and tricks for allergy sufferers:

Tips for selling your home in a buyers’ market

In this market, sellers need to be realistic about the price they set

Any home will sell if the price is low enough but that’s of little comfort to people trying to sell their homes during a buyers’ market.

In this market, sellers need to be realistic about the price they set. Forget about last year’s property tax assessment or what homes in their neighbourhood sold for during the last two years, as those valuations are long gone.

Top 10 tips from the best mortgage brokers in Canada

Are you looking to refinance your mortgage? Looking to consolidate debt? Searching for a HELOC? Then you’ll want to read this article. We picked the brains of the best mortgage brokers in Canada. We asked them for their top tips when shopping for a loan product, and they certainly delivered.

Home transactions such as second mortgages, investment property purchases, HELOCs, and refinancing, are the largest financial decisions you will likely ever make. By reading this article, you’ll be better prepared the next time you’re looking to make such a decision.

Without further ado, here are our top 10 tips from CMI’s top brokers.

‘Sell before you buy’ is the new housing market battle cry

It’s spring, but the real estate market in much of Canada has yet to exit hibernation.

Home sales in Metro Vancouver for the month of March plummeted to the lowest level since 1986, according to the Real Estate Board of Greater Vancouver. Activity in Alberta and Saskatchewan was more than 20 percent below its 10-year average for the month, the Canadian Real Estate Association (CREA) said. In Toronto, sales volumes were flat.
Coaldale Mortgage - Market Update January 2017

Lethbridge & Coaldale Market Update – January 2017

Being Lethbridge and Coaldale mortgage professionals, the team at Mortgage Worx is consistently monitoring the housing market performances of each town and its surrounding communities.

In doing so, we can confidently provide our clients with the best advice and services possible when it comes to getting a mortgage.

Fort MacLeod Mortgage

3 Great Reasons To Use A Mortgage Broker

As Fort MacLeod mortgage professionals who have been helping people in the city and its surrounding areas find the perfect mortgage for years, our team is constantly asked numerous questions.

Questions regarding what exactly we do as mortgage brokers, how we differ from a direct lender and how much a broker costs are all concerns we see on a frequent basis.

To help answer some of these questions and ease your mind when faced with the decision of whether to work with a mortgage broker, we’ve compiled a short list of three reasons why you should use a broker when it’s time to get a mortgage.

Lethbridge Mortgages - Buying a home

Are You Really Ready To Buy A Home?

Buying a home is a big step in a person’s life and there are many factors that must be considered before you can sign any agreements and move into your new space.As Lethbridge mortgage professionals, the team at Mortgage Worx Inc. – The Mortgage Centre deal with many first-time homebuyers on a consistent basis and are able to help clients evaluate whether or not they are truly ready to buy a home.

With interest rates experiencing some favourable lows over the past year, many first-timers are eager to enter the homebuying market. However, taking advantage of good interest rates shouldn’t be the main reason you decide to purchase a home.

There are many reasons why you may or may not be prepared to purchase a home and our team has identified some of these for you to review before taking the plunge.