Are you planning to invest in an income property in Quebec but don’t know the financing options for this type of property? Here is a brief overview of mortgage financing for multi-unit buildings for your reference. What is a multi-unit rental building? A “multiplex” or “multi-unit” is a property with

When the time comes to choose a mortgage for the purchase or refinancing of a property, several choices of lenders are available to us. In Quebec, the most popular lender is Desjardins. When you look across the country, Royal Bank takes position as Canada’s biggest lender.  Which bank should you choose

Mortgage rates are a key concern in Quebec and the rest of Canada because most Canadians are homeowners. In January, the key rate is at 3.25%. A year ago, it was 5%. Will the Bank of Canada lower its rate again? Nothing is certain, and no one knows exactly what

2020 was certainly not a great year in terms of economic conditions.  While economists and pundits expected rates to increase, the COVID-19 pandemic has certainly upended the Bank of Canada’s plans. In March 2020, the government announced health measures to contain the spread of the COVID-19 virus, leaving hundreds of

Contact a free mortgage broker or a certified and reliable financial advisor at the first sign of financial problems. These professionals are trained to help you manage your debts and to recover after a personal bankruptcy. Bankruptcy is an event that can have a big impact on your life but

If you are buying your first home, your mortgage is undoubtedly the largest amount of money you have ever had to borrow. Choose the right strategy. Get your mortgage pre-authorization.   Calculate your borrowing capacity and save time by obtaining mortgage pre-approval Whether you are a first-time buyer or an