• Finding Your Financial Freedom

    DLC Parato Mortgage Group   |  

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    Money. It’s virtually impossible to get by in life without it, and everyone wants more of it. But many people struggle to manage their money and make it work for them. And all the stats are going in the wrong direction.

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  • Your Credit Rating: The Four C’s

    DLC Parato Mortgage Group   |  

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    This is how lenders and credit agencies determine the interest rate you pay, or whether you will qualify for a mortgage at all.

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  • 10 Mortgage Mistakes - We Can Help

    DLC Parato Mortgage Group   |  

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    Whether it is your first house or you’re moving to a new neighborhood, getting approved for a mortgage is exciting! However, even if you have been approved and are simply waiting to close, there are still some things to keep in mind to ensure your efforts are successful.

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  • Some Tips, Once You Have Bought Your First Home

    External Author   |  

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    Homeownership is accompanied by a new world of stresses and anxieties. As soon as you move in, you’ll no doubt discover things that aren’t working right or aren’t as you anticipated.  It’s a learning experience as you try to tackle the issues, sometimes an expensive experience at that.

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  • Hamilton and Burlington Home Prices Still Rising As Falling Sales Reflect Insufficient Supply

    DLC Parato Mortgage Group   |  

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    Existing home sales dipped 0.5% on a month-over-month (m/m) basis in August, marking the smallest of the five consecutive declines since March.

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  • 5 Approval Roadblocks You Should Know

    DLC Parato Mortgage Group   |  

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    September means back to school (and back to reality!) for most of us. To help you reset and get back on your feet, I have some great information about approval roadblocks to avoid, finding your perfect home type and how to talk to your kids about finances!

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  • All About Reverse Mortgages

    DLC Parato Mortgage Group   |  

    Retired with reverse mortgage

    While there are many different mortgage options out there, there is one type of mortgage available for seniors: a reverse mortgage. This article will be your comprehensive guide to reverse mortgages, what they bring to the table, and how they may be beneficial.

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  • Tips for Homeowners looking to Refinance

    External Author   |  

    Mortgage Refinancing rates in Ontario

    When should you consider refinancing?

    If you are currently managing more than one line of credit, or maybe you have some credit card debt that you can’t seem to get under control, refinancing can be a possible solution.

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  • The best mortgage rates

    External Author   |  

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    “What is your best rate?” Now you may think that this is an easy question for a mortgage broker to answer, but it’s really very complicated. You want me to just tell you what my best rate is for a certain term of mortgage.

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  • Bank of Canada Inflation Forecast

    DLC Parato Mortgage Group   |  

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    The Bank of Canada raised its inflation forecast in the newly released July Monetary Policy Report (MPR), making it one of the most hawkish central banks in the world. The Bank announced its third action to reduce its emergency bond-buying stimulus program by one-third. 

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  • Canadian Housing Continued to Slow in June

    DLC Parato Mortgage Group   |  

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    Ontario real estate is seeing an average year-over-year rate of price growth in the 30% range, however, as with B.C., gains are notably lower in the GTA and considerably higher in most other parts of the province.

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  • Is the housing market slowing down?

    External Author   |  

    After the frenetic pace of homebuying in Canada barely gave mortgage professionals the chance to catch their breath during the opening half of the year, the market appears to have cooled somewhat in recent weeks.

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  • The Slowdown In Canadian Housing Continued in May

    DLC Parato Mortgage Group   |  

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    The two-month slowdown in Canadian housing is welcome news. The OECD recently released a report showing that New Zealand, Canada and Sweden have the frothiest housing markets in the world.  Clearly, COVID led many around the world to alter their abode, driving prices higher almost everywhere.

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  • 10 Steps to Home Sweet Home

    DLC Parato Mortgage Group   |  

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    Congratulations! There is nothing more exciting than moving into a new home. Whether a new building or re-sale property, there are a few things you can do as soon as you take possession in order to make it your own. Invest a weekend or two into warming up a featureless space or refreshing someone else’s old homestead. Here are 10 things you can do to really own your new space and turn it into home sweet home: Change The Locks: Secure your home by changing the locks as soon as you take possession. Even DIY beginners can change a deadbolt lock. A…

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  • How to time your Real Estate Purchase with Bitcoin?

    External Author   |  

    How to time your Real Estate Purchase with Bitcoin

    It’s no secret that Bitcoin is known for its extreme volatility and adding zeros. There is a narrative within the Bitcoin community that this is a quote unquote “Super Cycle” and this time there won’t be a steep correction. While the argument sounds plausible, markets simply don’t work this way. It is true that the magnitude of the correction could be lower than -84% and -86% of the previous two cycles, make no mistake – there will be a significant correction.

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  • 10 First-Time Homebuyer Mistakes.

    DLC Parato Mortgage Group   |  

    10 First-Time Homebuyer Mistakes.

    As a first-time buyer, there are some homebuyer mistakes you should avoid to ensure a smooth and successful experience:

    THINKING YOU DON’T NEED A REAL ESTATE AGENT

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  • Canada’s First-Time Home Buyer Incentive (2021 Updated)

    External Author   |  

    Canada’s First-Time Home Buyer Incentive (2021 Updated)

    The dawn of 2021 has left many of us revisiting financial and lifestyle decisions made before the global pandemic threw the entire world into disarray.

    Looking back to September 2019, first-time buyers had reason to feel optimistic. September 2, 2019, marked the launch of the Canadian Mortgage and Housing Corporation’s all-new First-Time Home Buyers Incentive (FTHBI).

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  • Outside The Box.

    DLC Parato Mortgage Group   |  

    Outside The Box

    For most Canadians, a home looks like a few different things. It is either a single-family dwelling, a townhome, condominium or a high-rise. But Daniel Croft, Vice President of Giant Container Services, is looking to change that!

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  • Making The Grade: Common Myths About Credit Scores.

    DLC Parato Mortgage Group   |  

    How is your credit score calculated? It is a complex answer and, as such, common myths persist. Today, we are going to help you get a better understanding of your credit score and how to make the grade by busting the most common credit score myths!

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  • Bank of Canada Holds Rates Steady, But Pares Bond-Buying Program

    DLC Parato Mortgage Group   |  

    Bank of Canada sign

      Bank of Canada Scales Back Bond Buying Today, the Bank of Canada held its target for the overnight rate at the effective lower bound of ¼ percent. The Bank is also adjusting its bond-buying program from weekly net purchases of Government of Canada (GoC) bonds of $4 billion to $3 billion. This adjustment to the amount of incremental stimulus being added each week reflects the progress made in the economic recovery.   Finally, the Bank now suggests that the remaining slack in the economy could be fully absorbed by the second have of 2022--rather than 2023, suggesting that they may begin raising overnight interest rates before the end…

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