A few months ago, I met a good friend from Ottawa for dinner in Brockville. As our conversation turned to my new career and how it was going, she sheepishly mentioned that a family member is currently their trusted mortgage professional and she won’t be a client of mine. I’ve had this conversation a few […]
The mortgage amount you qualify for is not actually what you can afford
The mortgage industry uses a formula to calculate the maximum amount one would qualify for. This is your blended mortgage payment (principal and interest), property taxes, heat, and debt payments (credit cards, car payments and other loans) in comparison to your gross income. However, that calculation does not factor in other lifestyle costs like bills, […]
A good mortgage professional listens
A good mortgage professional listens to your story and your future plans and then translates it into the product that fits you best. You say – I may move in a few years. I hear – portability and low payout fees. You say – we want to pay off our mortgage faster. I hear – […]
What She Said Talk – radio show/podcast guest
What She Said! · Managing Mortgage Stress, What We Deserve, Feeling Grüvi, and Healthcare Pushback I had the pleasure of talking to Candace Sampson, host of a radio show and podcast called What She Said! in early February. We talked about the recent Bank of Canada rate increase, its impact on mortgage rates, what your […]