by Nick Bachusky | Nov 8, 2014 | CMHC, First Time Homebuying, Mortgage Trends
CMHC just released their latest edition of Ottawa’s Housing Market Outlook and I will summarize what I feel are a few key points and interesting trends. CMHC is not just your government mortgage default insurance lender but an organization that gathers much of...
by Nick Bachusky | Sep 25, 2014 | Closing Costs, First Time Homebuying, Mortgage Trends, Real Estate Investing, Taxes
This is a very interesting article written by one of Ottawa’s most trusted realtors, Ryan Jones, who I have the pleasure of working with. I thought that we should have more people know about this potential reality because it could really impact their...
by Nick Bachusky | Aug 5, 2014 | Closing Costs, First Time Homebuying, Mortgage Trends
I just wanted to take this great article from Rob Carrick, financial writer with the Globe and Mail and make it more focused to people in Ottawa looking for advice for saving for their down payment. The original article can be read HERE. We will go through 9 tips on...
by Nick Bachusky | Jun 11, 2014 | Amortization, CMHC, First Time Homebuying, Mortgage Trends, Real Estate Investing, Refinancing
In March and April 2014, CMHC completed an online survey of 3,584 recent mortgage consumers, all prime household decision-makers who had undertaken a mortgage transaction in the past 12 months. Fifty-five percent had undergone a mortgage renewal, 22% had refinanced...
by Nick Bachusky | Mar 5, 2014 | First Time Homebuying, Innovations, Mortgage Trends
I think this is a wonderful chart that every new borrower of mine should look at in detail and think about all of the questions. It is my duty work to answer the questions with you as well. I know that there are a lot of questions here and it may seem...
by Nick Bachusky | Sep 30, 2013 | First Time Homebuying, Mortgage Trends, Real Estate Investing
I really enjoyed this article in the September 30th edition of the Globe and Mail written by Robert McLister. You can find the original article here. I put this article on my Facebook and a real estate agent pointed out that this was written by a mortgage broker....
