Home » Real Estate

Category: Real Estate

Post
Why do mortgage pre-payment penalties rise as rates fall?  And why some borrowers are still breaking their mortgage early – Keji Allo

Why do mortgage pre-payment penalties rise as rates fall? And why some borrowers are still breaking their mortgage early – Keji Allo

With fixed mortgage rates trending lower in recent weeks, some homeowners are starting to wonder if it’s worth breaking their mortgage to lock in a better deal, and we’re reviewing the potential savings with more and more homeowners. But before making any moves, there’s one important thing to understand: your prepayment penalty could be higher...

Post
CANADAN HOUSING MARKET – Deji Fasehun (Realtor)

CANADAN HOUSING MARKET – Deji Fasehun (Realtor)

In the latter half of 2022 the Canadian housing market was almost brought to a halt by the surging mortgage rates, bringing to an end the country’s years-long real estate boom. Buying a home will probably not get easier in 2023, as the same challenges that existed in 2022 are expected to carry over into...