Ottawa Mortgage Blog
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Is it a Good Time to Become a First-Time Home Buyer in Ottawa, Ontario?
May 20, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
We are facing a challenging time as we work together to combat COVID-19 in our country and even our own neighborhoods. With so much uncertainty in the air, is it a good time to think about buying a ho ...
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5 First-Time Homebuyer Mistakes To Avoid
May 6, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
Buying your first home is a scary and exciting process because it’s a HUGE commitment. It’s easy to get swept up in the excitement of home shopping and mistakes can leave you with buyer&rs ...
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5 Smart Ways to Use a Home Equity Line of Credit
April 15, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a ...
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Bank of Canada maintains overnight rate target and unveils new market operations
April 15, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the ...
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What should you consider when refinancing your mortgage in Ottawa?
April 1, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y ...
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Bank of Canada lowers overnight rate target to 0.25 percent
March 27, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. T ...
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Home Selling Season is Around the Corner: Tips to Get Ready in Ottawa, Ontario
March 18, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
Home selling season is rapidly approaching. In most cases, spring is the top time to sell a home. One reason spring is the top-selling season is that home buyers align their moving schedule with their ...
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6 Persistent Real Estate Myths You Really Need to Ignore in Ottawa, Ontario
March 4, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
Whether you're a home-buyer or a seller, it pays to understand the real estate market if you want to get a good deal. Unfortunately, a series of damaging ideas has grown up around real estate which ca ...
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Should You Pay Off Your Mortgage Early in Ottawa, Ontario?
February 18, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will ex ...
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Real Estate 101: Essential Tips for First-Time Home Buyers in Ottawa, Ontario
February 5, 2020 | Posted by: Jamie Small - Ottawa Mortgage Broker
Buying a home is always a big decision, but when you're a first-time buyer it's even more important to get it right. Without home-buying experience to draw on, it's easy to make mistakes you could reg ...
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