Frequently asked mortgage questions

It’s always best to start the mortgage process as early as possible. It allows us to address any issues before submitting your mortgage application. By beginning the process, we can ensure you a smooth and stress-free experience.

The decision between a fixed or variable rate mortgage depends on your risk tolerance. A variable rate mortgage is subject to changes based on the Bank of Canada overnight rate, while a fixed rate mortgage remains constant for the entire term. Each rating type has pros and cons, and we’ll help you determine which option best fits your unique situation.

Unfortunately, predicting the future of mortgage rates is impossible. Just as the COVID pandemic caused rates to drop unexpectedly, unforeseen events can cause rates to increase or decrease. However, you can review historical data to understand past rate changes and trends. Alternatively, you can stay tuned to my blog for the latest updates.

The first step is to contact me to discuss your unique situation and needs. We’ll walk you through the entire process, answer any questions, and guide you every step of the way. Contact us today to get started.