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How to Go No Subject to Financing
As much as I keep telling clients to put a subject to financing, many of you don’t listen! So here’s a blog post where I share how you...

John Lee - Arise Mortgage
Aug 25, 20213 min read
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Real Estate Prices & Interest Rate Predictions For 2022
"Hyperinflation, prices are going to go higher,"..."no, there’s going to be a correction, rates are going to go up,"..."NO it’s going to...

John Lee - Arise Mortgage
Aug 18, 20213 min read
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The Smith Maneuver Explained
What’s the Smith Maneuver? It’s a wealth-building strategy to create a tax-deductible mortgage. You may have heard, and envied, that...

John Lee - Arise Mortgage
Aug 11, 20212 min read
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Mortgage Pre-Approvals: What Are They, and Do You Need One?
There’s a common misconception among some homebuyers that if you’ve got a pre-approval, your mortgage is basically guaranteed. But this...

John Lee - Arise Mortgage
Aug 5, 20212 min read
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What is a Reverse Mortgage?
So what is a reverse mortgage? A reverse mortgage is a loan secured against the value of your home. It is designed exclusively for...

John Lee - Arise Mortgage
Jul 20, 20213 min read
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Interest Rate Differential Explained
How do banks calculate the penalty for your fixed rate mortgage? It’s by using the interest rate differential calculation and I’m going...

John Lee - Arise Mortgage
Jul 13, 20212 min read
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Fixed or Variable? With Rates Potentially Set to Rise, Which Option is Best for You?
Should you stick with the stability of a fixed mortgage rate or opt for a variable? It’s one of the most difficult decisions faced by...

John Lee - Arise Mortgage
Jul 7, 20212 min read
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How to Build Wealth Using Real Estate
Many people know that real estate is a great asset to build wealth with but how do people actually do it? In this blog, I’m going to...

John Lee - Arise Mortgage
Jun 22, 20213 min read
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How much car payments can reduce your mortgage qualifications
Lots of people know that in order for you to qualify for a mortgage, income is very important. But what people don't know is that your...

John Lee - Arise Mortgage
Jun 15, 20212 min read
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Should I go fixed or variable?!
One of THE most common questions we get is "Should I go fixed or variable?" Let’s break it down. There are actually 2 bets you’re making...

John Lee - Arise Mortgage
Jun 8, 20212 min read
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Mortgages for Investment Properties – What You Need to Know
Has the idea of buying an investment property ever crossed your mind? Maybe you’d like a place to rent out and have someone else pay some...

John Lee - Arise Mortgage
Jun 5, 20212 min read
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Don't Pay Your Mortgage Faster!
Wait what? DON'T pay your mortgage down faster?! Yup you heard that right. Keep reading to find out why! Conventional wisdom tells us to...

John Lee - Arise Mortgage
Jun 1, 20213 min read
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Mortgage Stress Test Changes Coming June 1 – What You Need to Know
Starting June 1, 2021, the minimum qualifying rate used for both the insured and uninsured mortgage stress tests will be increasing. ...

John Lee - Arise Mortgage
May 28, 20211 min read
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WHAT IS A MORTGAGE PRE-APPROVAL?
Have you talked to your bank or your mortgage broker to get pre-approved yet? If you’ve started your home buying process, I’m pretty sure...

John Lee - Arise Mortgage
May 26, 20213 min read
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Credit Score Explained
We all know your credit score is important but how is it actually calculated? You see, this is important because just like an exam, you...

John Lee - Arise Mortgage
May 17, 20214 min read
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Shopping for a Mortgage?A Stricter Stress Test is Likely on the Way
If you’re in the market for a mortgage over the next several months, you’ll want to read on. Several new mortgage changes are coming...

John Lee - Arise Mortgage
May 7, 20212 min read
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How to Pay off Your Mortgage Faster
Wondering how to pay off your mortgage faster? Here are two ways to pay your mortgage off faster! 1. Increase mortgage payments Depending...

John Lee - Arise Mortgage
May 4, 20212 min read
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How To Switch Your Mortgage To Another Lender To Take Advantage Of Mortgage Terms And Rates
Rates are currently at record lows! Although it’s easier to stick with your existing lender, you may be able to save thousands of dollars...

John Lee - Arise Mortgage
Apr 28, 20212 min read
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Bank of Canada Holds Rate - Any Loans Attached To The Prime Rate Will Not Change
This morning, Bank of Canada gave another update in response to a stronger-than-expected rebound from the pandemic. The outlook of the...

John Lee - Arise Mortgage
Apr 22, 20211 min read
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Is TFSA Or RRSP Better To Save Up For A Down Payment?
The government has two popular tax free programs that can help you save up for your down payment. Simply ask your local bank or...

John Lee - Arise Mortgage
Apr 20, 20213 min read
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