What does the resurgence of insured mortgages mean to you

The Resurgence of Insured Mortgages for Refinances: What Does This Mean for You?

If you’re considering making improvements to your property by adding secondary suites such as laneway homes or basement suites, there’s significant news that could impact your financing options. The insured mortgage landscape is evolving, allowing for more flexible refinance solutions that may be beneficial to homeowners like you. Here’s what you need to know: New

Mortgage Renewal Advice

Navigating Your Mortgage Renewal: A Comprehensive Guide

Mortgage renewal is a critical financial moment for homeowners. With significant numbers of mortgages coming due in the next few years, it’s crucial to be prepared. Here’s your guide to a successful mortgage renewal. The Renewal Landscape Current projections show: • 2024: 250 million dollars in mortgages maturing • 2025: 300 million dollars in mortgages

Let's talk economy and how it effects Canada

The Intricate Dance: Consumer Spending and the Housing Market

Consumer spending and the housing market are deeply intertwined, each influencing the other in complex ways. Let’s explore this relationship and what it means for homeowners and the broader economy. Current Consumer Spending Trends Recent data shows: • Retail sales growth is at 0.2% • This is significantly below the historical average of 4.69% since

Navigating New Horizons: BC Budget 2024 Unveils Major Benefits for Homebuyers and Businesses

As we step into Spring 2024, the BC Budget has brought forward some significant changes that promise to reshape the landscape for first-time homebuyers and small business owners alike. At Cultivate + Evolve Financial, we’ve been closely monitoring these developments, eager to explore how they can benefit our cherished clients and community. Empowering First-Time Homebuyers

Catherine Ellis Melville Explains the difference between SWITCH and Refinance

Navigating Mortgage Financing: Understanding Switch Transfers vs. Refinancing

🏠🔀 Switch Transfer vs. Refinance: What You Need to Know 🔀🏠 When it comes to navigating the world of mortgage financing, being well-informed about your options is crucial. In this article, we’ll explore the nuances and differences between two prevalent mortgage strategies: Switch Transfer and Refinance. Switch Transfer Explained: Objective: The primary purpose of a