Mortgage

Canada’s headline inflation reading took another step towards the magic 2% figure by slowing to an annual rate of 2.8% in June. That’s the slowest annual pace since March 2021, and below market expectations for a reading of 3%. Statistics Canada reported that on a monthly basis, headline inflation advanced 0.1% in June following a … Read more

You own your primary residence, but you’re thinking about buying a second home. Congrats! Being in a financial position to make that kind of real estate investment is a major accomplishment, and you should be proud of that. The first thing you’ll want to do after celebrating your awesomeness is to determine the function of … Read more

When it comes to purchasing a home, one of the biggest decisions you’ll face is choosing the right mortgage. With various options available, it’s essential to consider your financial goals and long-term plans. Among the alternatives, a 40-year mortgage has gained popularity for its potential benefits. In this article, we will explore the advantages and … Read more

As a firefighter, you put your life on the line every day to protect your community. You deserve a safe and comfortable place to call home. However, buying a home can be a daunting task, especially for first-time homebuyers. That’s why it’s important to know about the various home loans for firefighters. In this blog, … Read more

Total property listings in Perth have hit their lowest level in 13 years, pushing up property prices, according to a national buyers’ agency, which also identified three city districts tipped for plenty of upside potential. Kate Hill (pictured above), Adviseable property buyer, said a significant undersupply of listings in Perth is adding fuel to price … Read more

If you’re like most law firms, your website is critical to your success. It’s where potential clients go to learn more about you and your services, and it’s often the first impression that people have of your firm. A slow website can be a major turn-off for potential clients, so it’s important to make sure … Read more

If you’re new to real estate, or preparing to make an offer on your first home, you might be wondering what mortgage is best for a novice home buyer. This is especially important now that mortgage rates have essentially doubled, putting budgets front and center. It also means the popular 30-year fixed is no longer … Read more

This is the second of a two-part series exploring the impact of artificial intelligence on the mortgage industry. In Part 1, we looked at ways in which generative AI tools like Chat GPT are “levelling the playing field” for mortgage professionals when it comes to creating more efficient work processes. In this piece, we’ll explore … Read more

At MortgageDepot, we understand that the prospect of purchasing a home can be both thrilling and overwhelming. As you explore the housing market, you may come across a unique opportunity: the fixer-upper. This type of property can be a diamond in the rough, offering you the chance to create your dream home while potentially saving … Read more