Mortgage Blog
Category: Mortgages (11 posts)
When Is Mortgage Refinancing a Bad Idea in Ottawa, Ontario?
June 3, 2020 | Posted by: Danny Ibrahim
Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when inter ...
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Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve
June 3, 2020 | Posted by: Roar Solutions
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...
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5 Smart Ways to Use a Home Equity Line of Credit
April 15, 2020 | Posted by: Danny Ibrahim
For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a ...
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What should you consider when refinancing your mortgage in Ottawa?
April 1, 2020 | Posted by: Danny Ibrahim
Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y ...
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Bank of Canada lowers overnight rate target to 0.25 percent
March 27, 2020 | Posted by: Roar Solutions
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. T ...
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Should You Pay Off Your Mortgage Early in Ottawa, Ontario?
February 18, 2020 | Posted by: Danny Ibrahim
It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will ex ...
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10 Essential Tips for Taking Out Your First Mortgage in Ottawa, Ontario
January 22, 2020 | Posted by: Danny Ibrahim
Taking out your first mortgage presents a major financial commitment, possibly the biggest one you'll ever make, so it's crucial that you get the best deal available. Getting a mortgage is often not a ...
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Should You Refinance Your Mortgage in Ottawa, Ont?
January 8, 2020 | Posted by: Danny Ibrahim
There is a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully wheth ...
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'Funded Billions' This Ottawa Mortgage Broker and Business Leader has all the Keys to Success
December 19, 2019 | Posted by: Roar Solutions
The team at Keyrate Mortgage wants their Ottawa and Carleton area mortgage clients to feel more comfortable when it comes to making one of the biggest financial decisions of their life. Danny Ibrahim ...
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Should You Spend the Full Mortgage Amount You're Approved For?
November 27, 2019 | Posted by: Danny Ibrahim
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...
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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!
November 20, 2019 | Posted by: Danny Ibrahim
Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...
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