Overall Factors Affecting Mortgage Rates

It’s interesting how something so minor can make or break our plans. The same theory applies to mortgage rates; a small percentage can allow or prevent an individual from purchasing a house. Rising mortgage rates can crush a dream, so knowing how the current mortgage rate can impact your life as a home buyer is vital. One of the most crucial factors affecting an individual's exact mortgage rate is their finances, such as their credit score and history, along with the amount of down payment. Other than personal factors, external factors can impact the current rates, such as inflation and overall economic growth. Inflation Impacts Mortgage Rates Inflation is an increase in the price of [...]

2024-08-22T12:11:42-04:00August 22nd, 2024|

More Single Women Are Purchasing Homes

In Canada, more single women are purchasing homes, and their numbers are rising. They are now the second-largest group of buyers, behind married couples. When it comes to single women vs. single men, single women account for 25% of buyers, whereas single men account for 10% of buyers. Why? Well, to find out, you’ll have to continue reading. Hopefully, those single ladies will inspire you to get in touch with experienced real estate brokers and start looking for your first Montreal home. Increasing Financial Independence and Decision-Making Power of Women One of the undiscussed aspects of the upward trend in single women buying homes is the increasing financial independence and decision-making power of women. Over [...]

2023-10-25T14:19:52-04:00October 25th, 2023|
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