Understanding the Impact of Summer Fluctuations on Your Mortgage
The summer season is arguably the hottest season for real estate (summer pun intended), due to its large array of market availability....
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John Lee - Arise Mortgage
Jul 17, 20233 min
Mortgage Insurance: A Want or Need?
The home-buying process is one that comes with many different options, each unique to you and your situation. Just like mortgages! While...
John Lee - Arise Mortgage
Jul 12, 20232 min
Bank of Canada Increases Interest Rate by 0.25% - Jul 12
This morning, the Bank of Canada announced that they have increased its key interest rate once again by 0.25%. The prime rate will be...
John Lee - Arise Mortgage
Jun 29, 20233 min
5 important questions to ask your mortgage broker
The mortgage process can be a tedious one, which is why working with a mortgage broker you trust is essential to ensure you are...
John Lee - Arise Mortgage
Jun 16, 20233 min
How to obtain a loan without a traditional source of income
Amongst those that added remote work to their career trajectory during the pandemic, were those who decided to dip their toes into the...
John Lee - Arise Mortgage
Jun 7, 20232 min
Bank of Canada increases interest rate by 0.25% - Jun 7, 2023
This morning, the Bank of Canada announced that they have increased its key interest rate by 0.25%. The prime rate will be increased from...
John Lee - Arise Mortgage
May 30, 20233 min
Is a Short-Term Mortgage Right for Me & My Finances?
Purchasing a mortgage is a large investment, especially when you factor in all of the various rates, payment plans, and terms and...
John Lee - Arise Mortgage
May 17, 20233 min
Refinance Your Mortgage This Spring: Why Now Is the Perfect Time
All across Canada, we are all enjoying the beautiful spring weather. Long walks, hours spent in the garden, endless sunshine, what more...
John Lee - Arise Mortgage
Apr 28, 20232 min
Benefits of Canada's New First Home Savings Account
Canada's new First Home Savings Account is a government initiative aimed at helping Canadians save for their first home. This new savings...
John Lee - Arise Mortgage
Apr 27, 20233 min
Are You Ready to Become a Mortgage Broker? Here’s What You Need to Know.
The real estate market is always changing and expanding. Over the years, the market has expanded to the point where there are new...
John Lee - Arise Mortgage
Apr 17, 20233 min
Can a Larger Down Payment Result in a Lower Rate?
As many are looking to purchase a home in 2023 following the pandemic, they are often swayed by the idea that they have to put down at...
John Lee - Arise Mortgage
Apr 12, 20232 min
Bank of Canada Holds Current Interest Rate - April 12
This morning, the Bank of Canada announced that they will hold the current interest rate. The prime rate will continue to stay at 6.70%....
John Lee - Arise Mortgage
Mar 27, 20233 min
Rent-to-Own: Is It Right For You?
With the Bank of Canada’s recent fluctuations of interest rates, the past few years have not been kind to the real estate market. Many...
John Lee - Arise Mortgage
Mar 20, 20233 min
How Does Different Debt Affect Your Approval?
Let’s talk about the elephant in the room: Debt. Whether it be credit card debt, tax debt, previous mortgage debt, or student loans, you...
John Lee - Arise Mortgage
Mar 8, 20232 min
Bank of Canada Holds Current Interest Rate - March 8
This morning, the Bank of Canada announced that they will hold the current interest rate. The prime rate will continue to stay at 6.70%....
John Lee - Arise Mortgage
Feb 20, 20233 min
How close is your trigger rate?
With each announcement The Bank of Canada releases, many Canadians are starting to pay more attention to the rate of their mortgage. If...
John Lee - Arise Mortgage
Feb 8, 20233 min
Winter Maintenance Home Checklist
One thing Canada is known for: Its winters. Although the snow brings many exciting activities for you and your family to enjoy, it is...
John Lee - Arise Mortgage
Jan 17, 20233 min
The Importance of Choosing The Right Mortgage Features
When many are looking for a mortgage, often they have tunnel vision. They see the word “rate” and want to search for the lowest rate...
John Lee - Arise Mortgage
Jan 17, 20232 min
Most Common Mortgage Terms: Explained
One of the most exciting moments in life is purchasing a home. The process of purchasing a home can be a lengthy one, which is why it is...
John Lee - Arise Mortgage
Dec 13, 20222 min
Why is Vancouver the Best City To Buy Real Estate In?
It’s no secret that Vancouver, British Columbia has some of the highest housing prices in the country. However, did you know that it...
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