Category: First Time Home Buyers (53 posts)
First Home Savings Account for Winnipeg Buyers
April 12, 2023 | Posted by: Ron Chan
After months of nothing but news of rising inflation and mortgage rates, new buyers in Winnipeg Manitoba have something to get excited about. The federal government has launched (as of April 1 ... [read more]
Mortgage for First Responders in Manitoba
April 19, 2022 | Posted by: Ron Chan
There are more than 1,000 firefighters and paramedics working for the City of Winnipeg. When you factor in law officers, nurses, and others designated as first responders in the province that numb ... [read more]
3 Other Reasons to Buy a Condo in Winnipeg
March 28, 2022 | Posted by: Ron Chan
When you search online for information about getting a condo mortgage in Winnipeg you will find this popular article by your's truly. In the article we discuss common considerations such as income ... [read more]
There Are No Houses for Sale in My Area - What Do I Do?
March 14, 2022 | Posted by: Ron Chan
You're in the market for a home in Winnipeg. You want to capitalize on mortgage rates before incremental Bank of Canada announcements increase them, and home values grow further. But there's one p ... [read more]
Best Place to Get a Mortgage Canada
August 9, 2021 | Posted by:
After the most tumultuous annum of the last half century or so, individuals and households throughout Canada are looking to make some big life changes for the year ahead. Taking control of their liv ... [read more]
Mortgage Broker for Students
May 24, 2021 | Posted by:
Toss your hat into real estate before getting your degree? We’ve worked with our fair share of teachers in the greater Winnipeg area, helping them buy their very first home along with the oth ... [read more]
Mortgage Treats for Buyers This Halloween Season
October 26, 2020 | Posted by:
Halloween is upon us and new buyers throughout Winnipeg are staring at a cauldron full of mortgage treats. What do we mean? No, we’re not talking about the real estate listing of &ldquo ... [read more]
Wait to Get a Mortgage? Scary Things Can Happen If You Do
October 19, 2020 | Posted by:
I heard this house has good bones…. Have you been putting off buying a home in Winnipeg? Given the current real estate market you could be missing out on a tremendous opportunity. But now th ... [read more]
“Turkeys” to Avoid When Getting a Mortgage in Winnipeg
October 12, 2020 | Posted by:
This article was penned on Thanksgiving of 2020, but even if you find it well after the leftovers are done the concept holds true - there are some “turkeys” to avoid when it comes to get ... [read more]
3 Things for First Time Home Buyers to Give Thanks for in 2020
October 6, 2020 | Posted by:
Thanksgiving 2020 is upon us. We know it can be a challenge to find a reason to feel grateful in one of the most grueling years of all time, but there are silver linings found everywhere you look. T ... [read more]
Common Mortgage Mistakes to Avoid in 2020-21
September 11, 2020 | Posted by:
Want to know what leads to a bad real estate purchase? Making a mistake in the early stages. What do we mean by early stages? We’re talking about here and now, the moment that you decide it&rs ... [read more]
Mortgage Broker - What Do I Need to Get Started?
August 25, 2020 | Posted by:
Great first question! However, it’s one that often prevents prospective home buyers from initiating contact. The unknown often keeps people from venturing into new territory, and given the mon ... [read more]
Mortgage Broker for Teachers
August 18, 2020 | Posted by:
You’re in one of the most appreciated yet underpaid professions, yet the latter won’t stop you from getting a mortgage - especially since you live in Winnipeg which boasts the most affor ... [read more]
Mortgage and Emotional Health - Can Buying a Home Make You Feel Better?
July 6, 2020 | Posted by:
“Uncertainty” seems to be the keyword of 2020 thus far, and that has weighed heavy on the emotional wellbeing of people throughout the world, Winnipeg included. While mental health as a ... [read more]
Winnipeg Real Estate News Updates - May 2020
May 8, 2020 | Posted by:
We’re passed the midpoint of the spring season which means it’s time for a news update as it applies to the mortgage and real estate market in Winnipeg Manitoba. Despite all that has b ... [read more]
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Mortgage During Coronavirus - Why a Broker is Important
April 20, 2020 | Posted by:
We look forward to the moment when we no longer have to address the coronavirus health crisis in our discussions about buying a home in Winnipeg. But alas, we’d be remiss if we ignored the ele ... [read more]
Mortgage During Coronavirus - How Winnipeg is Resilient
April 4, 2020 | Posted by:
A lot of households throughout the greater Winnipeg area were planning on getting a mortgage just before the health crisis made landfall on Canadian soil. Many still want to, but are wondering if it ... [read more]
5 Biggest Wastes of Money - Why Get a Mortgage Instead
March 9, 2020 | Posted by:
It’s March. Data shows that by now over 80 percent of households have abandoned their prior New Year resolutions. Among those goals was to stop spending money on unnecessary things and instead ... [read more]
Buying a Home in the Spring 2020 - Panic Grows Purchasing Power
March 3, 2020 | Posted by:
This is not going to be a commentary on the health concern that has much of the world on edge. Nor will we discuss whether or not the media is capitalistically enticing views and clicks by whipping ... [read more]
Mortgage Stress Test Canada - 2020 Changes Good for New Buyers
February 25, 2020 | Posted by:
This month (February 2020) the Canadian government announced changes to the stress test rate for insured mortgages. Given a lack of experience in the market, new buyers may not know what this means. ... [read more]
Winnipeg Real Estate News Updates - Winter 2020
February 3, 2020 | Posted by:
We’re over a month into 2020 which means it’s time for another update regarding mortgage rates and real estate in Canada, especially as it applies to our neck of the woods - Winnipeg. Th ... [read more]
Mortgage Broker or Real Estate Agent / Realtor First?
January 28, 2020 | Posted by:
Most first time homebuyers know that connecting to a mortgage broker and Realtor (or real estate agent) is a necessary place to begin the purchase process, but there is some confusion regarding the ... [read more]
Practical Mortgage Tips for Newlyweds
January 22, 2020 | Posted by:
We feel a bit guilty about penning a recent article about getting a mortgage when in the middle of a marriage separation, with Valentine’s Day just three weeks away. To make up for it, we&rsqu ... [read more]
How to Get Money for Mortgage Down Payment - 6 Other Ways
January 14, 2020 | Posted by:
There’s more (much more) where this came from… Even with good credit, getting the cash together for a downpayment on a mortgage is the biggest obstacle. There are countless of tips out ... [read more]
Mortgage Predictions 2020 - For First Time Buyers in Winnipeg
December 28, 2019 | Posted by:
The new year is upon us and all over the greater Winnipeg area prospective buyers are wondering what’s to come before they pull the trigger on new mortgage. Today, we have a few key prediction ... [read more]
DIY Mortgage - Why a Do It Yourself Mortgage is a Bad Idea
December 18, 2019 | Posted by:
It’s not this simple… For starters, let’s not confuse a do-it-yourself (DIY) mortgage scenario with DIY mortgage calculators. You can absolutely manage that part on your own, and ... [read more]
Winnipeg Real Estate News Updates - Winter 2019
December 11, 2019 | Posted by:
early winter real estate news, hot off the press 2019 is coming to a close as winter is officially getting started, which means that it’s time for a news update regarding the real estate stat ... [read more]
Scary Things That Can Happen When Buying a House Without a Broker
October 17, 2019 | Posted by:
In continuing with our Halloween season theme (see: should you buy a haunted house) we now take a look at one of the most horrifying things first time buyers can do - securing a mortgage without the ... [read more]
Should You Buy a House With a Basement?
October 3, 2019 | Posted by:
You’re in the market for a single detached home or townhouse and are wondering if you should seek some extra square footage down under. By the latter we mean a basement (not Australia) ... [read more]
Should I Buy a Condo Before a House
September 7, 2019 | Posted by:
This is a very common question for those entering the real estate market for the first time. On the surface, most first time buyers assume that a condo is the way to go, but there are a few key thin ... [read more]
Winnipeg Real Estate News Updates - Back to School 2019
September 5, 2019 | Posted by:
Labor Day long weekend is over and whether or not you count kids in your household you could use a “back to school” season refresher on real estate / mortgage news in the Greater Winnipe ... [read more]
Should You Buy a House with Your Parents?
August 19, 2019 | Posted by:
Recent graduates and other young individuals/professionals all over the greater Winnipeg area are looking to take advantage of amazing mortgage rates and very affordable housing prices. However, man ... [read more]
Mid-Summer Mortgage Rates News - Winnipeg Wins Again
July 15, 2019 | Posted by:
A month simply can’t go by without a news update about mortgage rates in Canada. Why should it? After all, you’re on the hunt for your first or second home and demand to be informed with ... [read more]
Should You Buy a House Before a Car?
July 4, 2019 | Posted by:
There are two major purchases the typical person makes in one’s life - a car, and a home. The former almost always comes first given the price differential, however does this order actually ma ... [read more]
Why Buy a House in the Summer - What Winnipeg Needs to Know
June 24, 2019 | Posted by:
You may have heard that the summer is not a great time to buy a house. However, the reason for saying this is steeped in the fact that there tends to be a greater number of buyers on the market, inf ... [read more]
How to Afford a First Home When You Think You Can’t
June 18, 2019 | Posted by:
Interesting title, right? But it’s true, as all over the city there are individuals and young couples (etc) who are under the assumption that they can’t afford a first home, when with so ... [read more]
Mortgage Rates - News Winnipeg Buyers Are Excited About (again)
May 30, 2019 | Posted by:
It’s time for another news update, and with the summer season around the corner things are looking brighter than ever for new buyers in the Winnipeg market. In fact, even those who have been s ... [read more]
Getting a Mortgage After University - What You Need to Know
April 16, 2019 | Posted by:
Spring convocation for the University of Winnipeg (and other institutions) is coming up fast and while some are taking the opportunity to backpack across the country or world before settling into th ... [read more]
Winnipeg Real Estate News on Mortgage Rates Gets Even Better
April 10, 2019 | Posted by:
Once again we find ourselves interrupting our regularly scheduled programming (blog) with breaking news about the Winnipeg real estate market and mortgage rates. And once again, the reports are espe ... [read more]
Spring Mortgage - Tis the Season to Buy a Home?
February 26, 2019 | Posted by:
Spring is the season of renewal. While this may seem like a set up to discuss mortgage renewals, we’ll save the cheeky lead-ins for another time and instead shift focus to first time hom ... [read more]
3 New Year Resolutions a Mortgage Broker Can Help You Accomplish
December 20, 2018 | Posted by:
2019 is upon us and like most of the population you have a slate of new year resolutions that you actually hope to accomplish this time around. But did you know that studies show approximately 80% o ... [read more]
Why Buy a Home Now in Winnipeg - Winter 2018-19 Season
December 12, 2018 | Posted by:
Both the end of any given year and the new one to begin gives people time to pause and make some big decisions. Yes indeed, the winter is a major transition season for many households and one big th ... [read more]
How to Get an Affordable Mortgage
December 5, 2018 | Posted by:
Perform a Google search for “how to get an affordable mortgage” and you’ll find a list of lenders and brokers all pointing you to their mortgage calculators. That’s not exact ... [read more]
Getting a Mortgage After Starting a New Business
August 22, 2018 | Posted by: Ron Chan
Starting a new business is an exciting time in your life (especially if it’s your first) but at the same time it can be a somewhat scary prospect. The latter is the case not just because of th ... [read more]
Getting a Mortgage After Starting a New Job
August 10, 2018 | Posted by: Ron Chan
There are a lot of questions and concerns about getting a mortgage after beginning a new job. With Winnipeg being one of the faster growing cities in the country, there are a lot of new arrivals com ... [read more]
Winnipeg Mortgage and Real Estate News Updates - July 2018
July 19, 2018 | Posted by: Ron Chan
Now that we’ve just passed the midpoint of July (and reached the midpoint of the summer season) it’s time for another important Winnipeg real estate news update for those of you wh ... [read more]
Millennials of Winnipeg - What You Need to Know About Getting a Mortgage
June 20, 2018 | Posted by: Ron Chan
So you’re a millennial, born somewhere between 1981 and 1996, and aged 22 to 37, which puts you in a pretty broad category, perhaps too much so for any supposed expert to draw a firm conclusio ... [read more]
Best Time of the Year to Get a Mortgage in Winnipeg
May 8, 2018 | Posted by: Ron Chan
After weighing both the typical and not-so typical considerations over whether or not you're ready to enter into a mortgage, you have come to the conclusion that you are indeed ready to bu ... [read more]
The Other 5 Ways to Know If You're Ready for a Mortgage
May 4, 2018 | Posted by: Ron Chan
Last week, you were asked to consider the four main things to indicate that you're ready for a mortgage in Winnipeg. The article discussed downpayments, monthly payments and mortagge rates, real est ... [read more]
How to Know If You Are Ready for a Mortgage in Winnipeg
April 30, 2018 | Posted by: Ron Chan
It's the question everyone inevitbaly asks themselves, 'Am I ready for a mortgage?'. Like the decision to get married, or have kids, it may seem like there are other pieces of the puzzle that need t ... [read more]
Condo Mortgage Winnipeg - Things to Consider
April 11, 2018 | Posted by: Ron Chan
A condominium is often the first home purchase for many across Canada, Winnipeg included. On the surface, it's often the most affordable option, but there are many reasons people opt for a condo ove ... [read more]
In Canada First-time homebuyers can tap their RRSPs to help with a home purchase
February 20, 2018 | Posted by: Ron Chan
Thinking about buying your first home? Wish you had saved up a good down payment? Maybe you have, but didn’t know it. Designed to help first-time buyers get into home ownership, the federal Ho ... [read more]
First Time Home Buyer in 2014? Want to Make up $750...read this
February 6, 2015 | Posted by: Ron Chan
Did you know, the Canadian federal government created the First-Time Home Buyers' Tax Credit (HBTC) to help with the purchase of a first home? Through this initiative the HBTC helps first-time buyers ... [read more]
