Mortgage Blog

Mortgages Fit For You

Category: Mortgage Tips (29 posts)

Investing in Winnipeg Real Estate - When is it a Good Idea?

Investing in Winnipeg Real Estate - When is it a Good Idea?

September 17, 2019 | Posted by: Ron Chan

Whether you are a Manitoba resident, reside in a neighboring province, or have an address outside of the country for that matter, you’re considering taking advantage of the piping hot Winnipeg ... [read more]

Winnipeg Real Estate News Updates - Summer 2019

Winnipeg Real Estate News Updates - Summer 2019

August 12, 2019 | Posted by: Ron Chan

image: economicdevelopmentwinnipeg.com We spend a lot of time discussing mortgage rate news regarding the greater Winnipeg area, most recently here, but we also like to keep buyers informed about d ... [read more]

Why Buy a Vacation Rental in Winnipeg MB

Why Buy a Vacation Rental in Winnipeg MB

June 6, 2019 | Posted by: Ron Chan

Homeowners in Manitoba are taking note of the steady economy in the Greater Winnipeg area. Armed with equity in their current property, they are setting sites on the very exciting prospect of buying ... [read more]

How to Increase Vacation Rental Bookings in Winnipeg This Summer

How to Increase Vacation Rental Bookings in Winnipeg This Summer

May 6, 2019 | Posted by: Ron Chan

We just released an update regarding the impending new tax rules for Airbnb properties in Winnipeg, and how it may impact hosts who use homestay services to pay down their mortgage. The conclusion o ... [read more]

Airbnb Rules Winnipeg - Will Tax Increase Impact Host Mortgages?

Airbnb Rules Winnipeg - Will Tax Increase Impact Host Mortgages?

May 6, 2019 | Posted by: Ron Chan

We’ve been pretty vocal about the potential benefits of using Airbnb and VRBO to pay down a current or prospective mortgage. We’ve even provided some important tips to increasing your oc ... [read more]

How to Travel the World with a Mortgage

How to Travel the World with a Mortgage

April 23, 2019 | Posted by: Ron Chan

Winnipeg is home to a large number globetrotters. In fact, many of the city’s residents have become so after discovering Canada’s amazing central metropolis on their own travels. But whi ... [read more]

Why You Should Renovate Your Home (via Equity)

Why You Should Renovate Your Home (via Equity)

April 1, 2019 | Posted by: Ron Chan

In our recent article about when it’s a good idea to tap into your home equity, we named a home renovation as one of the top reasons. Of course, before you decide to do that, you need to come ... [read more]

Unexpected Benefits of a Mortgage Broker

Unexpected Benefits of a Mortgage Broker

March 17, 2019 | Posted by: Ron Chan

What we strive to do, for you. By now, you already know the key benefits of using a mortgage broker. They provide access to different lenders and therefore rates, can assist with loan pre-approvals ... [read more]

Winnipeg Mortgage News - Early Spring 2019

Winnipeg Mortgage News - Early Spring 2019

March 13, 2019 | Posted by: Ron Chan

The month leading into spring has started off with a bang and on the right foot for buyers and investors of Winnipeg real estate. Today we’re going to review the most recent updates for those ... [read more]

5 Year Fixed Mortgage Rates in Winnipeg to Drop Again?

5 Year Fixed Mortgage Rates in Winnipeg to Drop Again?

March 6, 2019 | Posted by: Ron Chan

Rememberback in January when we announced that the 5 year fixed mortgage rate dropped after the bond yield fell (December) and the Bank of Canada held interest rates steady at the onset of the new y ... [read more]

Mortgage for a Single Person - What You Need to Know

Mortgage for a Single Person - What You Need to Know

February 20, 2019 | Posted by: Ron Chan

We covered a lot of bases when discussing the mortgage possibilities for Winnipeg residents. We’ve provided explicit advice for young couples, new parents, and empty nesters, but what about wh ... [read more]

Mortgage for Young Couples - What You Need to Know

Mortgage for Young Couples - What You Need to Know

February 8, 2019 | Posted by: Ron Chan

Whether common law or newly wed, young couples all over Winnipeg are pondering the next most important step in their lives together - a mortgage. It’s a big step to take as you seek to leave y ... [read more]

How to Choose a Mortgage Broker in Winnipeg MB

How to Choose a Mortgage Broker in Winnipeg MB

January 29, 2019 | Posted by: Ron Chan

You already know the importance of using a mortgage broker (vs going at it alone) but now that you’ve made the wise choice to work with one, how do you go about appointing a broker to help wit ... [read more]

Winnipeg Real Estate News - Mortgage Rates 2019

Winnipeg Real Estate News - Mortgage Rates 2019

January 23, 2019 | Posted by: Ron Chan

Buyers in Winnipeg are doing backflips over the recent news There’s been some big news for prospective buyers of Winnipeg real estate at the onset of 2019. Whether you’re looking for a ... [read more]

Winnipeg Tech Sector - Positive Impact on Mortgage Investment

Winnipeg Tech Sector - Positive Impact on Mortgage Investment

January 16, 2019 | Posted by: Ron Chan

One walk through Winnipeg’s Exchange District and you’ll note something is buzzing within the windows of the mid-nineteenth century construction. Buttoned down suit-and-tie types ha ... [read more]

Commercial Investment Mortgage - What You Need to Know

Commercial Investment Mortgage - What You Need to Know

January 8, 2019 | Posted by: Ron Chan

Last week we discussed the positive outlook for residential investment mortgages in the greater Winnipeg area. In doing so, we touched on the concept of using a residential investment property to ea ... [read more]

Residential Investment Mortgage - Why It Makes Sense in 2019

Residential Investment Mortgage - Why It Makes Sense in 2019

December 27, 2018 | Posted by: Ron Chan

For the purposes of this article, the concept of a residential mortgage investment applies to buying a single detached home or condo in Winnipeg, as opposed to getting involved with a mortgage inves ... [read more]

Why Mortgage a Winter Cabin in Winnipeg

Why Mortgage a Winter Cabin in Winnipeg

November 30, 2018 | Posted by: Ron Chan

Have you always dreamed of owning a quintessential winter cabin? Something in the woods, but not too far removed from civilization that you can’t get wifi while enjoying at latte at a local ca ... [read more]

Why Buy a Home for the Holidays

Why Buy a Home for the Holidays

November 23, 2018 | Posted by: Ron Chan

There are a lot of purchase decisions to make over the holidays. Decorations, gifts, tickets to a wide variety of festivities, and perhaps seasonal travel plans. However, for some of you, buying a h ... [read more]

How to Increase Vacation Rental / Airbnb Bookings During the Holidays in Winnipeg

How to Increase Vacation Rental / Airbnb Bookings During the Holidays in Winnipeg

November 16, 2018 | Posted by: Ron Chan

Are you putting your Winnipeg home on the short term rental (STR) market and Arbnb to pay of your mortgage? It can absolutely be an effective strategy once you factor in the key considerations. In f ... [read more]

Getting a Mortgage When Relocating / Moving to a New City

Getting a Mortgage When Relocating / Moving to a New City

September 25, 2018 | Posted by:

Stats Canada’s recent economic indicators prove a Winnipeg population growth that is greater than the country’s average. That means if you are moving/relocating from somewhere in Canada, ... [read more]

Green Home Mortgage Benefits

Green Home Mortgage Benefits

September 12, 2018 | Posted by:

Whether touting greater energy efficiency than traditional builds or outright claiming NetZero status, green homes are the talk of the town in ever major city in Canada, Winnipeg included. Real esta ... [read more]

Getting a Mortgage After Retirement

Getting a Mortgage After Retirement

September 5, 2018 | Posted by:

In what seems to be a never-ending “Getting a Mortgage After…” content series that has touched on getting a mortgage after having a baby, after starting a new business, and after ... [read more]

Getting a Mortgage After Having a Baby

Getting a Mortgage After Having a Baby

August 29, 2018 | Posted by:

Before we dive into the details, let’s start with a hearty congratulations on your current or future bundle of joy!  Now, as all parents know, in addition to all of the awesomeness, havi ... [read more]

When Not to Use Home Equity

When Not to Use Home Equity

July 26, 2018 | Posted by:

Last week, we provided some advice to Winnipeg homeowners out there who are thinking about tapping into their home equity to take advantage of opportunities. For many of you, doing so is a wise choi ... [read more]

When to Use Your Home Equity to Your Advantage

When to Use Your Home Equity to Your Advantage

July 23, 2018 | Posted by:

One of the reasons people hold off on making a downpayment to buy a home is that they want to have liquid funds to allocate towards some other opportunity or quality of life improvement. However, th ... [read more]

5 Reasons Not to Pay Off Your Mortgage Early

5 Reasons Not to Pay Off Your Mortgage Early

July 11, 2018 | Posted by:

Last week, I published an important article on the good reasons to pay off your mortgage early. And while absolutely valid, there is certainly a flip side to the story, which is why I’m follow ... [read more]

5 Good Reasons to Pay Off Your Mortgage Early

5 Good Reasons to Pay Off Your Mortgage Early

July 3, 2018 | Posted by:

There are some compelling reasons for not paying down a mortgage early, with lucrative alternative investments being the primary one. If the same money you plan on using to pay off the debt on your ... [read more]

Using Airbnb to Pay Mortgage - 5 Things to Consider

Using Airbnb to Pay Mortgage - 5 Things to Consider

June 27, 2018 | Posted by:

Homestay services such as Airbnb (and VRBO, etc.) have become a popular means to not only generate revenue from a home, many people are using them to effectively pay down their mortgages, which can ... [read more]

Ron Chan
Ron Chan
Winnipeg, Mortgage Specialist
Read More News
Top