Privacy Policy
PRIVACY POLICY Last updated September 28, 2023 This privacy notice for MortgageMeNow ("we," "us," or "our"), describes how and why we might collect, store, use, and/or share ("process") your information when you use our services ("Services"), such as when you: Visit...
The Pros and Cons of Fixed vs. Variable Rate Mortgages
One of the most significant decisions you'll make when securing a mortgage is whether to choose a fixed or variable rate. Each option comes with its own set of advantages and disadvantages, and the decision should align with your financial goals and risk tolerance. In...
Teaching Kids About Money
Financial independence is a critical skill for future success that your children will not learn anywhere else. Not only does financial literacy help your children have more success in life, but it allows them to move out sooner and it avoids delaying your retirement...
Condition-Free Purchase Offers
When it comes to purchasing a home, most offers include “conditions” (or “subjects” if you are in the provinces of British Columbia or Manitoba), which are requirements or criteria to be met before the sale can be finalized and the property is transferred. Some of the...
7 First-Time Home Buyer Tips
Thinking of jumping into the market but feeling a little overwhelmed by the process? We're here to help! Here are some tips to help you get started on your path to homeownership. Rate discounts can save you thousands, even if they're small. Your bank may say that you...
A Look at Other Mortgage Products
Did you know there are multiple options for mortgage products outside of the traditional mortgage if you need something different? No-Frills mortgage products offer a lower interest rate compared to other products, but the low interest rate is the ONLY benefit. While...
Divorce & Spousal Buy-Out Program
When it comes to divorce or separation, some individuals will want to stay in their homes. Backed by CMHC, Sagen and Canada Guaranty, the Spousal Buy-Out Program allows one party to refinance the shared home up to 95% of its appraised value. To qualify, both you and...
Consumer Price Index Report
The most recent Consumer Price Index report was released and here are a few of the most important points. Inflation rose by 0.5% year over year in July to 3.3% due to increases in mortgage, food and energy prices. This puts Canada's headline rate above the U.S. for...
Converting your Basement into an Income Suite
With the current interest rates and economic scenarios, many Canadians may be looking for ways to bring in some extra cash. One option for this is to put your home equity to work and consider renovating your basement into a legal income suite! You can do this by using...
Appraisal coming up? Here’s how to get the best value!
What is an appraisal and why are they important? An appraisal is an assessment of the general condition of your home used to help determine the market value of your property. In order for a lender to provide a loan on your property, they must know the market value....