196685
191107

The Mortgage Gal

Dealing with rising mortgage rates

Dealing with rising mortgage rates

Jun 20, 2022 / 11:00 am

The mortgage world is not too much much fun lately. This week, I tried to unsubscribe from all of the rate increase notification bulletins. Turns out that...

Understanding mortgage purchase contracts

Understanding mortgage purchase contracts

Jun 6, 2022 / 11:00 am

Last week, I came across a clause in a purchase contract that caused me some angst. My client is in the midst of buying a pre-build. The clause is itemized on...

The changing mortgage landscape

The changing mortgage landscape

May 23, 2022 / 11:00 am

The last few weeks have been interesting in the mortgage world. With prime increasing we have seen upward movement for fixed rates which means reduced...

Latest on mortgage pre-qualification changes

Latest on mortgage pre-qualification changes

May 9, 2022 / 11:00 am

If you have a rate hold or mortgage pre-approval in place, it is important you reach out to your mortgage person to double-check your numbers. For the first...

Crunching the numbers for fixed and variable mortgages

Crunching the numbers for fixed and variable mortgages

Apr 25, 2022 / 11:00 am

The age-old debate of fixed versus variable mortgage rates has really heated up recently with the 0.5% increase in the prime rate. I am a variable fan myself,...

Importance of life and disability coverage as part of mortgage insurance

Importance of life and disability coverage as part of mortgage insurance

Apr 11, 2022 / 11:00 am

In my last column, I talked about buying home insurance as part of the home buying process. Another conversation I have with clients as part of their mortgage...

The importance of home insurance when buying a new home

The importance of home insurance when buying a new home

Mar 28, 2022 / 11:00 am

Two columns ago, I mentioned I am working on a package of information that goes a little deeper into the actual steps involved and timelines to consider once...

Always provide your mortgage broker with all the information

Always provide your mortgage broker with all the information

Mar 15, 2022 / 11:00 am

A couple of weeks ago, I went out for dinner with another mortgage broker. We pledged not to talk about work. That lasted all of about 15 minutes. We ended up...

Things to know when buying a home

Things to know when buying a home

Feb 28, 2022 / 11:00 am

Home buyers come in all shapes and sizes. More specifically, home buyers come with all different levels of knowledge and experience for navigating the process...

Lenders will take a close look at your eligibility for a mortgage

Lenders will take a close look at your eligibility for a mortgage

Feb 14, 2022 / 11:00 am

It feels like the spring housing market is off to a brisk start. I have had lots of calls over the last few weeks from people who are looking to get...

Start with the end in mind when looking for a mortgage

Start with the end in mind when looking for a mortgage

Jan 31, 2022 / 11:00 am

When I work with clients, part of what I do is try to get a sense of who they are and what their future plans are. We touch on plans with respect to family,...

Now is a good time to get a mortgage rate hold

Now is a good time to get a mortgage rate hold

Jan 17, 2022 / 11:00 am

Fixed mortgage rates are on the rise. Don’t panic. I will say that if you are seriously considering buying in the next few months its likely a good time...

New year is a good time to take a closer look at your mortgage

New year is a good time to take a closer look at your mortgage

Jan 3, 2022 / 11:00 am

Towards the end of each year I carve out time to look back on how the past year went. I think about what went well, and what I’ve accomplished. I also...

Mom of new homebuyer recognizes broker's commitment to client

Mom of new homebuyer recognizes broker's commitment to client

Dec 20, 2021 / 11:00 am

I had one of the weirdest compliments of my career this week. I met with a young first-time home buyer and her mother to go over her mortgage commitment and...

It pays to check your credit score when house hunting

It pays to check your credit score when house hunting

Dec 6, 2021 / 11:00 am

The second time was the charm. In August, I had a call from a couple looking to buy their first home. On the surface their application looked amazing. They were...

Dealing in a housing market with multiple offers can be stressful

Dealing in a housing market with multiple offers can be stressful

Nov 22, 2021 / 11:00 am

A topic that popped up multiple times over the last two weeks is multiple offers. They are the good, the bad, and the ugly of multiple offer situations....

What will the impact of B.C.'s new real estate purchase 'cooling off' period be?

What will the impact of B.C.'s new real estate purchase 'cooling off' period be?

Nov 8, 2021 / 11:00 am

On Nov. 4, the Province of B.C. issued a news release outlining the plan to introduce legislation in the spring of 2022 to implement a cooling off period for...

In the current market, buying or selling a home can be stressful

In the current market, buying or selling a home can be stressful

Oct 25, 2021 / 11:00 am

Over the last few months I’ve talked about the pressure that home buyers are facing in our current housing market. Clients trying to buy homes are facing...

When it comes to mortgages rate is not always a deciding factor

When it comes to mortgages rate is not always a deciding factor

Sep 27, 2021 / 11:00 am

Over the last two weeks, we’ve seen several lenders drop their fixed five-year interest rate. When deciding where to place my clients’ mortgages,...

Check your credit before applying for a mortgage

Check your credit before applying for a mortgage

Sep 13, 2021 / 11:00 am

In the past I’ve talked about the importance of connecting with a mortgage professional before you head out shopping for a new home. Even if you...

196383
194962