#Mortgage Broker with @TMGCanada, #Halifax, Nova Scotia. Proud father - connect with me. TMG The Mortgage Group (Atlantic) Inc. earl.smith@mortgagegroup.com
What will the roll of the dice give you? Will the interest rate go up or go down? What will happen next week with the Bank of Canada announcement?
Good news! When you come and chat with me, we will go through all your questions and I'll do my best to answer each one. Reach out!
THE RATES, TODAY (May 27, 2024)
Because I work with a wide variety of lenders I can access competitive, lower-than-advertised interest rates.
* This data is provided for information purposes only. Posted rates are subject to change without notice. buff.ly/4dVrYHm
Are you self-employed?
Yyou may have a bit of difficulty accessing finances to buy your home since your income could be a little less predictable. You will typically need to show a consistent average of income over 2 years plus some extra due diligence. Curious, let's chat!
Donβt cling to a mistake just because you spent a lot of time making it....oof...This one made me pause for a minute and think.
Some days we try so hard to make things work out, but in truth they were never meant to. Release yourself from that expectation. Pause, and let it go.
Mortgage Tip: Location Matters
When looking at homes make sure to find where you liked to live before you fall in love with a house. You can always make changes to a house. However, you can not easily move the home to have beach front access or be in the best school district.
Negotiating is my superpower! π¦ΈββοΈ
My industry expertise and lender relationships often allow me to secure better rates and terms than you might on your own. Plus I will help you look at the big picture of your finances! Reach out today.
π‘ New Homeowners: Quick Property Tax Tips! π‘
1οΈβ£ Property taxes cover local services.
2οΈβ£ Can be included in your mortgage.
3οΈβ£ Pay attention to your tax bill.
4οΈβ£ Budget for potential changes.
5οΈβ£ Pay on time
6οΈβ£ Need help? Ask away!
π π‘ #HomeownerHelp#TaxTips
A reverse mortgage can help by allowing you to tap into your home's equity. Cash is tax free. Advantages:
1. You continue to own your home.
2. Use borrowed amount to maintain your lifestyle (an annuity)
3. The lender will not require payments while you living in your home.
Spring is arriving like a gift! Full of fresh starts and new beginnings and warmer days!
Did you know gifting a down payment to a family member is becoming more normal in Canada? However there are things that you need to know.
More information? Reach out today and let's talk.
Jenga! Just like each block is crucial in the game, every component of your mortgage is essential. Building a solid financial foundation, making informed decisions about loan types and terms, balancing financial goals, and managing risks are key to keeping your mortgage steady.