by cmsdudes | Apr 4, 2023 | Blog
Your payment schedule is the frequency with that you make mortgage payments and ranges from monthly to bi-monthly, bi-weekly, accelerated bi-weekly, or even weekly payments. Below is a quick overview of what each of these payment frequencies means: Monthly Payments: A...
by cmsdudes | Mar 6, 2023 | Blog
The Bank of Canada was the first major central bank to hit the pause button on rate hikes in late January. Given the slowdown in inflation in the recently released January CPI, The Bank of Canada will refrain from hiking interest rates this month. That is welcome...
by cmsdudes | Mar 6, 2023 | Blog
According to the Canadian Real Estate Association, the Spring market is anticipating a drop in home prices edging down approximately 6% from 2022, putting the average home price at $662,103 in 2023. The downward trend stems from rising interest rates and continued...
by cmsdudes | Mar 6, 2023 | Blog
Did you know? March is fraud awareness month in the mortgage industry, which makes this is a great time to talk about title insurance! As our insurance experts, FCT is a leading provider of title insurance and has some helpful information for you: For those who don’t...
by cmsdudes | Feb 6, 2023 | Blog
What the next few years will bring? Insights from Dr. Sherry Cooper Update February 2023 Even bond traders and economists are stumped about what the next few years will bring. The repercussions of a global economy that stopped suddenly, shed millions of jobs and...
by cmsdudes | Feb 6, 2023 | Blog
A second mortgage is a mortgage that is taken out against a property that already has a home loan (mortgage) on it. Generally people take out second mortgages to satisfy short-term cash or liquidity requirements, have an investment opportunity or to pay off...
