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2019 Predictions for the Mortgage Market in Canada

2018 was such a ride for the Canadian Mortgage Market. The Stress Test was introduced and a higher interest rate was implemented. This year won’t be any different. Those wanting to get a mortgage, apply for a second mortgage, or get any other types of mortgage on their existing home loan should read about the […]

Is the Month of May Really the Best Time to Sell a Home?

Most real estate articles and blogs say that the best time to sell a home is during spring and that the best time to buy one is during winter. If this is the case, won’t the home sellers and home buyers have a hard time meeting each other’s needs? A lot of home sellers who choose […]

Is It Easy to Get a Home Equity Loan in GTA for 2019?

Getting a home equity loan if you’re from the Greater Toronto Area shouldn’t be much of a hassle if you own your home and willing to work with lenders other than banks. It will help a lot too if you have some assistance from mortgage professionals in the GTA like us at Homebase Mortgages. But […]

Do Not Get A Second Mortgage Without Reading This

Just thinking about getting a second mortgage can be very intimidating. Maybe you’re unsure about whether getting a second mortgage can really help you. Understanding what it is and what it can do for you should allay your worries and make for a smoother application process. That’s why we wrote this article! Second Mortgage Definition […]

Top Uses for Home Equity Loans in Canada

Getting a home equity loan is one of the increasingly popular ways for Canadians to take advantage of current low-interest rates and increasing house prices. Below are the top uses that Canadians are utilising their home equity loans for. Funding Home Renovation A home equity loan is a smart way to raise funds for home […]

7 Things You Need to Know to Get a Second Mortgage in 2019

Getting a second mortgage remains as one of the best financial solutions for homeowners who are at a financial bind and need funds. Not everyone has a stash of savings in their bank and when a huge expense comes by, it is comforting to know that you can use your home equity to gain access […]

Should You Consolidate Debt? Your Debt Consolidation Considerations

Debt consolidation is becoming more popular these days but is it worth it to consolidate your debt? Basically speaking, debt consolidation is the process of making your life easier by converting multiple high-interest debts into a single lower-interest debt. It may not be for everyone but it is best to inform yourself about debt consolidation […]