by Snap Rates | Jul 14, 2022 | Mortgage
The largest residential mortgage lender in the U.S. is about to enter the Canadian mortgage market. Rocket Mortgage U.S. announced today that it will officially begin doing business across Canada under the brand Rocket Mortgage starting August 8. It will do so through...
by Snap Rates | Jul 14, 2022 | Mortgage
The Bank of Canada’s historic 100-basis-point rate hike on Wednesday is no joke for housing and mortgage borrowers. Here are 10 ways it may cost, or save, you a bundle: 1. Buying a home ‘on sale’ If you want to buy a house “on sale” the Bank of Canada just...
by Snap Rates | Jul 14, 2022 | Mortgage
Why are development fees set to go up by nearly 50 per cent? The cost of building housing in Toronto will soon rise by tens of thousands of dollars per unit as the city hikes development charges by nearly 50 per cent. The fees, which are charged to developers and help...
by Snap Rates | Jul 6, 2022 | Mortgage
Did you know, approximately 60 percent of people break their mortgage before their mortgage term matures? While this is not necessarily avoidable, most homeowners are blissfully unaware of the penalties that can be incurred when you break your mortgage contract – and...
by Snap Rates | Jul 6, 2022 | Mortgage
Credit Check up. A few simple steps to healthy credit… Just like you should have a physical every year to make sure you’re healthy, you should do the same for your credit report and score. Don’t wait until you go to buy something and you are turned down. And don’t...
by Snap Rates | Jul 6, 2022 | Mortgage
In life, things rarely go as planned. This is especially true when it comes to real estate! When it comes to buying a new home, in a perfect world, most of us would like to take possession of their new residence before having to move out of the old one. This makes...
