What Are Closing Cost?

By: Sunlite Mortgage0 comments

What Are Closing Costs? Closing costs are the fees and expenses required to finalize a real estate transaction. They cover various services and administrative processes, ensuring the legal transfer...

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Helping Retired Canadians Navigate Financial Challenges with Reverse Mortgages

By: Sunlite Mortgage0 comments

Retirement is often seen as a time to enjoy life after decades of hard work. However, for many Canadians aged 55 and older, financial stress is becoming a significant...

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Will the Bank of Canada cut interest rates this year?

By: Sunlite Mortgage0 comments

Last fall, when the Bank of Canada (BOC) signalled that it was likely done raising interest rates and would start reducing rates in 2024, Bay Street traders, economists, car...

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CHIP Reverse Mortgage Broker

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A Chip reverse mortgage broker can help you find the best reverse mortgage for your needs. Reverse Mortgages are loans that allow you to borrow money against the equity...

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Shopping for a Commercial Loan? Avoid These Mistakes

By: Devon Jones0 comments

Like all businesses, inspectors sometimes need commercial loans to run equipment, expand, or market themselves. Fortunately, lenders have money, and they want to give it to you, but you...

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Bank Of Canada Rate Update June 1, 2022

By: Devon Jones0 comments

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1½%, with...

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How to Find the Perfect Mortgage Brokerage for Your Career

By: Devon Jones0 comments

If you are looking at joining a mortgage brokerage, you must do your due diligence. Your questioning should go far beyond asking about commissions and monthly fees. There are...

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Canada’s Bank Regulator Proposes Stricter Mortgage Rules

By: Devon Jones0 comments

The Canadian housing market has been under close scrutiny by the federal banking regulators for some time now. they had planned to increase the benchmark rate for the mortgage...

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