Our Blog

Category: Mortgage (10 posts)

  • October 6, 2021 @ 5:40 PM
  • Posted by Siemens Group

What Is Home Equity and How Can I Build It?

Home equity is an essential asset for creating wealth and income. Learn how home equity is calculated, why it's important, and five steps you can take to build it. As you make monthly mortgage paymen

  • October 6, 2021 @ 4:25 PM
  • Posted by Siemens Group

What's Involved in Giving Your Child a Boost to Home Ownership?

What's Involved in Giving Your Child a Boost to Home Ownership? With the financial demands of school loans, living expenses, and finding a career path, many young people struggle to purchase their fi

  • September 8, 2021 @ 3:16 PM
  • Posted by Siemens Group

Bank Of Canada Rate Update Sept 8, 2021

Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing The Bank of Canada today held its target for the overnight rate at the effective lower boun

  • August 18, 2021 @ 6:27 PM
  • Posted by Siemens Group

Getting a Mortgage as a Student

Purchasing a home is most likely one of the most sizable purchases most of us will ever make, and finally, buying a home is a dream come true for most. For students, it may seem like this dream is fo

  • August 4, 2021 @ 4:42 PM
  • Posted by Siemens Group

What Happens if You Lose Your Job Before Closing?

A job loss a few days or weeks prior to closing your home purchase can be distressing; especially when you have no alternative source of income. Getting a new job can ease the situation, but it's not

  • July 21, 2021 @ 5:13 PM
  • Posted by Siemens Group

How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in BC

When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with

  • July 14, 2021 @ 6:40 PM
  • Posted by Siemens Group

Bank Of Canada Rate Update July 14, 2021

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ perc

  • July 7, 2021 @ 7:32 PM
  • Posted by Siemens Group

Risks of Putting Down a Firm Offer with a Pre-Approval BC

Risks of Putting Down a Firm Offer with a Pre-Approval Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you fin

  • June 28, 2021 @ 3:25 PM
  • Posted by Siemens Group

Low Rates in BC Helping Buyers Pay Off Their Mortgages at Record Pace

Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61%

  • June 9, 2021 @ 5:37 PM
  • Posted by Siemens Group

Bank Of Canada Rate Update June 9, 2021

Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rat