Buyers
Alex
If you’re a beginner shopping for a mortgage, you’ve probably heard that you can go with a bank or with a mortgage broker, but what’s the difference? In this article we’re going to go...
Perch
Most of us don’t deal with bank drafts on a regular basis. So if you’re not familiar with what they are or how it works, we’re here to get you sorted. Protip: If you need to move around a large...
Ali
First of all, what is mortgage default insurance? Mortgage default insurance (also known as mortgage loan insurance, or simply mortgage insurance) was put in place to help Canadian home buyers...
Alex
So, lucky homeowner, you’ve got one property and are still paying off the mortgage. But while the market’s down a second property is looking more and more appealing. You’ve done all the math...
Alex
So interest rates are on the rise, and the burning question for everyone with a variable rate mortgage and potential home buyers is: how high will they go? While we can do our best to forecast future...
Ali
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!) You will receive an email after you submit this form to finalize your newsletter subscription. *...
Perch
How do I pay my down payment? Real estate transactions involve a lot of money. (Duh.) Unless you’re starring in the latest Hollywood flick, you’re not going to need a suitcase full of cash to...
Ali
How to increase your pre-approval chances If you plan on buying a home, you’ll probably want to get pre-approved by your mortgage lender before you start placing offers to make sure you can...
Alex
Before we begin, we want to clarify that this article presents a very brief overview of real estate taxes and your specific circumstance may differ. Please get help from a licensed accountant...
In most cases, when you buy a house with a mortgage, whether it’s through a bank, a credit union, or a private lender, the lender
What is a mortgage assumption? A mortgage assumption is when you sell your home to a buyer and transfer your mortgage to them as well.
You’ve been approved for a mortgage, congratulations! Then the unthinkable happens: your appraisal condition cannot be satisfied because the value came in lower than expected.
What should you look for in a mortgage? Whether you’re looking for a new home, or you’re an existing homeowner, shopping for a mortgage isn’t
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!) You will receive an email after you submit this form to finalize
It’s hard enough for the average Canadian to get approved for a mortgage, but it’s even more challenging for newcomers to Canada. In 2021, more
With all the excitement and stress that comes with buying a property and getting a mortgage, there’s a lot to manage as a first-time home
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Home buyers looking for desperate sellers who can’t cover their increased mortgage payments at renewal may be waiting for nothing. Despite recent news headlines, homeowners
