Original Article Source Credits:  Global News ,https://globalnews.ca/ 

Article Written By:  Kevin Nielsen

Original Article Posted on:  January 7, 2021 

Link to Original Article:  https://globalnews.ca/news/7561071/2020-home-sales-kitchener-waterloo/

Every aspect of the mortgage product and process has a unique set of terms, acronyms, and phrases for smooth and quick communication among professionals and to avoid misunderstandings. However, these words and phrases can be confusing to anyone who is not part of the daily operations of this industry.

Original Article Source Credits:   HGTV , https://www.hgtv.ca/

Article Written By:  Sharon Miki Chan

Original Article Posted on:  January 1, 2021 

Link to Original Article:  https://www.hgtv.ca/holidays/photos/new-years-resolutions-for-your-home-1945106/

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  December 4, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/12/first-time-home-buyer-incentive-to-become-more-useful-in-select-markets/

Original Article Source Credits:   HGTV , https://www.hgtv.ca/

Article Written By:  HGTV.ca Editorial Team

Original Article Posted on:  November 28, 2020

Link to Original Article:  https://www.hgtv.ca/bathrooms/photos/30-before-and-after-bathroom-renovations-1053018/#

Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:   Ephraim Vecina 

Original Article Posted on:  07 Dec 2020

Link to Original Article:  https://www.mortgagebrokernews.ca/news/canadas-federal-government-considering-foreign-home-buyers-tax-335996.aspx

Venturing into the housing market as a first time homebuyer can be a daunting process as there are many different steps that can be confusing. One of the most complicated steps you must go through when buying a house is acquiring a mortgage. There are several requirements when it comes to obtaining a suitable mortgage. If you do not meet them, your mortgage application may be declined, or worse, you may receive an expensive or unfavorable mortgage.

Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:  Ephraim Vecina 

Original Article Posted on:  18 Nov 2020

Link to Original Article:  https://www.mortgagebrokernews.ca/news/crea-ontario-sets-new-record-for-home-sales-inventory-growth-335354.aspx

Original Article Source Credits:   HGTV , https://www.hgtv.ca/

Article Written By:  Laura Grande

Original Article Posted on:  November 14, 2020 

Link to Original Article:  https://www.hgtv.ca/decorating/photos/ways-millennials-decorate-homes-differently-1943957/

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  OCTOBER 27, 2020

Link to Original Article:  https://betterdwelling.com/canadian-real-estate-price-increases-may-be-solely-due-to-the-bank-of-canada/

Homeownership gives a sense of pride to all of us. However, deciding to buy a house can be overwhelming when you are a first time home buyer and are unsure about the purchasing procedures. Therefore it’s best to hire professionals who can assist you with the requirements of your home-buying journey.

Original Article Source Credits:   HGTV , https://www.hgtv.ca/

Article Written By:  Sharon Miki Chan

Original Article Posted on:  October 10, 2020 

Link to Original Article:  https://www.hgtv.ca/decorating/photos/minimalist-design-style-ideas-1942944/#currentSlide=1

As the mortgage industry witnessed a significant change due to the pandemic crisis, there’s no telling about the vulnerabilities of the financial market. For a homebuyer, staying on top of these circumstances can help you better prepare when applying for a mortgage. However, as the housing authorities’ rules can alter anytime, it’s imperative to gather expert knowledge from reliable sources. You need to enlist the service of a mortgage broker who will guide you with the right kind of expertise and help you find a mortgage that is perfectly suited to your financial needs. Although several professionals offer similar assistance with mortgages, picking the right expert can be a daunting task. To help narrow down your search and make it more manageable, here’s a list of the top five things to look for when hiring a mortgage agent.

As a homeowner, you’re bound to have some form of debt, either as a mortgage, car loan, or credit card. Debt is a very common part of life and is often useful when you cannot afford to pay for what you need in one go. For example, buying a house is a costly commitment and usually requires a mortgage to support your purchase. However, the thing about debt is that if it isn’t managed with care, it can lead to several challenges, especially when life gets unsteady.

Are you thinking about using home equity to improve the status of your home? Employing the equity in your home is a brilliant way to fund renovations as you don’t need to wait too long to obtain the necessary finance. Similarly, as the interest rate on equity loans is lower than most financial products, you won’t find it very difficult to repay it over time. By paying down your high-interest debt, your credit score will improve and you will only have one monthly payment to worry about. 

While many people are aware of the type of house they want to purchase, they often struggle to find the means to finance their dream home. If you are facing a similar struggle, you need to enlist the services of a financial expert to help you create a purchase plan and obtain the finances you need to buy a new house.

If you’ve been caught up with life and haven’t found the time to evaluate your mortgage program, you may have missed out on low-interest rates and numerous benefits. Your existing mortgage may not even be meeting your current needs and financial demands. 

Most first-time homebuyers focus primarily on the features and cost of a new house. However, there are other fees, charges, and costs associated with homeownership that need to be considered. As a mortgage expert, I understand that it is easy to get carried away with the excitement of purchasing a new home and overlook vital costs.

If a borrower is struggling to qualify for a mortgage on account of insufficient credit or poor results after the stress test, using a co-signer can help convince a lender to lend to them. However, many people are not aware of what it means to co-sign on a loan and what is involved before, during, and after the process. This can lead to financial repercussions for both parties in the event of payment defaults.

Angela Milosevic wishes you and your family a happy and safe holiday season, and all the best for 2020!

I would like to inform my clients that I will be doing a draw on my Facebook page for the month of December and one for the month of January. The winners will win a $50 gift card.

If you need any assistance from me during the holiday season, feel free to get in touch with me by clicking here.