by Nick Bachusky | Aug 20, 2012 | Closing Costs, CMHC, First Time Homebuying, Inside Mortgages this Week, Mortgage Trends, OSFI
Good day everyone! [youtube]http://www.youtube.com/watch?v=n9o8o3YZFFU[/youtube] The most popular rates this week continue to be the 3.09 5 year rate and the 3.89 10 year rate. This week Adrienne Warren, a Bank of Nova Scotia economist, expects Canada to be in elite...
by Nick Bachusky | Aug 13, 2012 | Amortization, First Time Homebuying, Refinancing
I have included some pretty solid information that you should take some time to read if you are serious about buying a new home or not exactly sure what it is I do. 1. If I have mortgage default insurance do I also need mortgage life insurance? • You should. Mortgage...
by Nick Bachusky | Aug 7, 2012 | First Time Homebuying, Mortgage Trends, Refinancing
1. What’s the best rate I can get? • Your credit score plays a big part in the interest rate for which you will qualify, as the riskier you appear as a borrower, the higher your rate will be. Rate is definitely not the most important aspect of a mortgage, however, as...
by Nick Bachusky | Jul 26, 2012 | Closing Costs, First Time Homebuying
For first time homebuyers, there are many aspects to the transaction that often times it might seem a little overwhelming. My goal as a mortgage professional is to make sure my clients go through the process knowing that they can rely on me to get answers to...
by Nick Bachusky | Jun 25, 2012 | Amortization, CMHC, First Time Homebuying, Mortgage Trends
Hello Everyone! I hope you had a great weekend doing some of the several amazing Ottawa events that went on this weekend. I personally enjoyed the Community Cup at Brewer park, the Dragonboat festival at Mooney’s Bay and of course, Ribfest. I used to go to it...
by Nick Bachusky | Jun 21, 2012 | Amortization, CMHC, First Time Homebuying, Mortgage Trends, Refinancing
Wow, so after many debates on whether Jim Flaherty was going to step in or not to try to stop the increasing debt to income ratio for Canadians, he announced some pretty drastic changes yesterday. They are going into effect on July 9th, so talk with your clients and...
