Discover how the Bank of Canada's overnight rate impacts your mortgage. Changes in this rate affect variable rate mortgage payments: increases may lead to higher payments, while decreases can lower them. A steady rate, like the current 5%, means consistent payments for adjustable rate mortgages and unchanged interest calculations for static rates. Stay informed about these vital changes with Jessie Lavoie Mortgage Group, ensuring smart financial decisions in an evolving market.

Repairing your credit is possible, and with a solid plan and commitment, you can improve your creditworthiness.

In the simplest terms an equity mortgage, also known as an equity loan, is a mortgage that is lent to you on the amount of equity that is in your home.

Private Equity Mortgages and Alternative Lenders are used for those who are looking to use the equity in their home. Many people use Equity Mortgages when they are in financial hardships.

Everything you need to know to get started before finding your home.

Getting pre-approved for the purchase of your home will create a less stressful experience.

A down payment is the amount of money that is given to a lender to let them know you are serious about this investment. It helps establish that you are responsible enough to take on such a hefty loan, and that you are confident in this purchase as you are going to be putting your hard-earned money into it.

Mortgage Default Insurance is one of the most commonly confused terms. When it comes to insurance and your mortgage, there are many different terms associated with it, and this is why it gets so confusing.

Homeowners are too busy to keep an eye on mortgage changes, rates, and new products being offered; this is entirely understandable. Having your mortgage maintained regularly can save most homeowners thousands of dollars in the long – run.

One mistake that many people make is not being proactive when it comes to their mortgage renewal. They don't shop around, meaning they will be handed a mortgage product and rate from their current lender, which may not be best suitable for them.

There are times when it will be worth it to break your current mortgage for a different one. We would calculate your savings and costs to ensure refinancing for a lower rate would be cost-effective and beneficial.

Using the equity in your home can help in times of need.

It's property tax time!! If you are a homeowner you have or will be receiving your property tax bill. Here are some things to keep in mind!

Whether you are buying a first home, moving up to your dream home, or just want some advice from an expert, a mortgage broker is there to help you through the processWhether you are buying a first home, moving up to your dream home, or just want some advice from an expert, a mortgage broker is there to help you through the process.⁠ Warning! ⁠ These 10 reasons to use a mortgage broker will convince you to do just that.⁠

Almost 15 years ago, I decided to become a mortgage broker. I loved the idea of being able to help people get into a home and start investing in their future.

I used to think that social media was a way for me to spend my time scrolling mindlessly during late nights, staying up with the babies or filling the time between appointments. Now I know how wrong I was.

If you’re looking to purchase a home, that may need a little TLC once you move in, the Purchase Plus Improvements mortgage program may be the perfect mortgage for you. This will allow you to qualify for as much as 20% of the purchase price, OR $40,000 in extra capital to implement all of your ideas!

One of the topics I get asked the most about, is Mortgage Pre-Approvals! And although it is a common topic in the financing world, it is often misunderstood so below I have shared some insight on everything and anything you need to know about Mortgage Pre-Approvals!

Closing costs are something consumers often do not consider when purchasing a home, which is why it is imperative to have a Mortgage professional working for you! When purchasing a home, or even refinancing your mortgage, we have to consider ALL costs that will be incurred. Closing costs cannot be added to your mortgage.

Are you in the market to purchase a home, looking at consolidating your debt, or purchasing a rental property? Here are 10 reasons why you should have a Mortgage Broker in your corner!