Barrie Mortgage Blog
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Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening
January 25, 2023 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening ...
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What is Mortgage Porting in Barrie, Orillia, Midland and across Ontario
January 18, 2023 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
When you own a home in Barrie, Orillia, Midland, Wasaga Beach or anywhere in-between, and decide to purchase a new property, you may have the option to transfer or 'port' your existing mortgage to the ...
read moreThis year create financial resolutions that you can stick to
January 5, 2023 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
A new year brings a host of new year's resolutions. It's very common for people to make these resolutions around family, friends, eating better, or even the cliché going to the gym more. This year, e ...
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Should You Spend the Full Mortgage Amount You're Approved For?
December 28, 2022 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
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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The Pros and Cons of Fixed vs. Variable Mortgages
December 8, 2022 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
When it comes to choosing a mortgage, borrowers in Canada have two main options: a fixed rate mortgage or a variable mortgage. But which type is best for you? Here, we'll take a look at the pros and c ...
read moreThe Pros and Cons of Locking In your Mortgage Rate
December 8, 2022 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Pros and Cons of Locking In The holiday season is upon us, bringing an end to a tumultuous year. 2022 saw inflation reach levels not seen for 40 years, followed by substantial interest rate hik ...
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Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
December 7, 2022 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening ...
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10 Things to Know About the Offer Process
November 30, 2022 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
10 Things to Know About the Offer Process Before making an offer on your dream house, here are the ten things you need to know about buying real estate to ensure your offer is solid. Buying real e ...
read moreA Six-Step, Back to Basics Financial Plan for Most Every Canadian
November 21, 2022 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
It's a tough time to know what the right financial move is at the moment. Interest rates are increasing, while stocks are in bearish territory. It's easy to forget that there are smart things that you ...
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10 Important Questions to Ask Your Contractor
November 9, 2022 | Posted by: Della Dwyer - Your Trusted Barrie and Surrounding areas Mortgage Broker
10 Important Questions to Ask Your Contractor Are you thinking about hiring a contractor before selling real estate? Here are ten important questions you should ask the contractor before signing a co ...
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