Understanding the 5 C’s of Credit (and How They Impact Your Mortgage) If you’re planning to buy, refinance, or renew in the Bay of Quinte region—including Belleville, Trenton, Brighton, and Prince Edward County—understanding how lenders evaluate your mortgage application is one of the best ways to know how to position yourself for the best rate.
The 5 C’s of Credit Read More »
Ontario is expected to table changes that would remove the full HST on newly built homes in the upcoming budget — and notably, this wouldn’t be limited to first-time home buyers. At a $1M purchase price, that’s up to $130,000 in potential savings. From $1M to $1.5M, the rebate would remain capped at $130,000, with
Ontario’s HST Rebate on New Construction Read More »
Why a Mortgage Pre-Approval Is One of the Smartest First Steps in Your Home Search If you’re thinking about buying a home in Belleville, Quinte West, Prince Edward County, or anywhere in the Bay of Quinte, getting a mortgage pre-approval should be your first move — not your last. A proper pre-approval does more than
Pre-Approval: The first step in home ownership Read More »
Rates, rates, rates… we’re all so focused on interest rates right now.But with the Bank of Canada holding steady and the U.S. Federal Reserve cutting 25bps, there’s a bigger question buyers need to consider: Are you costing yourself more by waiting for the “perfect rate”? Consider the Time-Value of money: Assume you’re watching a $450,000
Interest Rates & Time Value of Money Read More »