General Danny Cardoso 10 Oct
5 Questions to Ask Your Mortgage Broker in Canada Shopping for your first mortgage can feel like a big step, but it doesn’t have to be confusing. As someone who’s helped many young Canadians navigate their first home purchase, I’ve found that asking a few key questions up front keeps everything clear and stress-free. 1. […]
Read MoreGeneral Danny Cardoso 29 Sep
What’s Changed Since the Pandemic? Remember those record-low mortgage rates in 2020 and 2021? Some of us locked in 5-year fixed terms under 2%. But if you’ve been waiting for those deals to come back, it might be time to adjust expectations. Ultra-low interest rates were a response to a global emergency. Central banks, including […]
Read MoreGeneral Danny Cardoso 22 Sep
How Bond Yields and Bank of Canada Policy Rates Drive Mortgage Rates: What to Expect Through 2026 As your mortgage broker, I believe one of the most important conversations we can have is around why mortgage rates move, what is driving them now, and what might happen over the next year. Below I explain how […]
Read MoreGeneral Danny Cardoso 24 Jun
Is Your Mortgage Pre-Approval Actually Useless? Here’s Why It Might Be A Rate Hold Isn’t a Guarantee—And That Could Cost You the Home Getting pre-approved for a mortgage should feel like progress. It’s exciting, empowering, and often the first concrete step toward buying a home. But here’s the hard truth: if your mortgage pre-approval wasn’t […]
Read MoreGeneral Danny Cardoso 16 Jun
Many homeowners think the only way to access their home equity is by selling or taking on a mortgage with monthly payments. But what if you could access funds without making a payment? No-payment mortgage options—like reverse mortgages, alternative lender loans, and private mortgages—allow homeowners to borrow against their property without immediate repayment. Instead, interest […]
Read MoreGeneral Danny Cardoso 3 Mar
Looking back, 2020 was an ideal time to buy a home. Prices were lower, and mortgage rates were around 3%. Those who entered the market then have seen significant gains, with home prices rising more than 30% since early 2020. But if you didn’t buy, does that mean you’ve missed your chance? Not at all. […]
Read MoreGeneral Danny Cardoso 18 Feb
When choosing a mortgage, many borrowers focus on getting the lowest interest rate. But what happens if life throws a curveball and you need to break your mortgage early? The penalty for breaking a mortgage can be significant—sometimes wiping out any savings you gained from a lower rate. That’s why it’s important to weigh your […]
Read MoreGeneral Danny Cardoso 5 Feb
Is the Economy Going to Crash? What Canadian Homebuyers Need to Know With new U.S. tariffs on Canadian goods already in place—and Canada retaliating with its own tariffs—many Canadians are asking: “Are mortgage rates going to go down in 2025?” “Is the economy going to crash?” “How will these tariffs impact home prices and affordability?” […]
Read MoreGeneral Danny Cardoso 16 Jan
With all the uncertainty surrounding Canada’s proposed capital gains tax changes, many property owners are asking, “Do I have to pay capital gains if I sell my house?” or “Should I sell my investment property before the tax rules change?” In June 2024, the federal government proposed increasing the capital gains inclusion rate—the portion of […]
Read MoreGeneral Danny Cardoso 6 Jan
As a mortgage broker, your role in empowering clients with the right information has never been more crucial. As we step into 2025, the dynamic mortgage landscape offers unique opportunities and challenges. This blog is designed to help you educate and guide your clients, ensuring they make informed financial decisions while maximizing their homeownership potential. […]
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