first time home buyer tips

Biggest Mistakes First-Time Homebuyers Make

  Not applying for a mortgage before looking for a home So you see a home you love, then you apply for a mortgage, and that home you loved just doesn’t work for your budget. How disappointing! This is a common mistake first time homebuyers make. If you want to avoid this and be as

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Interest Rates - Bank of Canada London Community Mortgage Movement

Benefits of Buying Vs. Renting

  Here’s a general list of the benefits of buying vs. renting that will be sure to help you in making your big decision when it comes to looking for a new home. Buying a home is an investment Buying a home is a great investment. Over time, your home will very likely increase in

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Interest Rates - Bank of Canada London Community Mortgage Movement

Bank of Canada reveals latest interest rate decision

The Bank of Canada has raised its benchmark interest rate by a quarter of a point. This is the fifth time since last summer that the Bank of Canada has pushed up the cost of borrowing for Canadians. The central bank’s target for the overnight rate is now set at 1.75 per cent. The cost

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Why You should Use a Real Estate Broker

Why Use a Real Estate Broker?

Plan on buying a home soon? Did you know that there are plenty of ways that a real estate broker can help you achieve your goal by finding the best home that meets your needs, all while ensuring your peace of mind? Below you find some of the main tasks a real estate broker performs

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Home Refinance

Unknown Benefits of Opting for a Home Refinance

If you own a home, there’s a good chance you’ll do a mortgage refinance at some point. Few borrowers stay with their original home loan for a full 30 years; most either refinance or sell the property long before the full term runs its course. When the borrower on a home loan has reached a

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