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3 days ago · Deloitte Canada released a new economic outlook on Wednesday that calls for overall real gross domestic product (GDP) growth of 1.2 per cent in 2024. That’s slightly higher than the 1.0 per cent ...
5 days ago · Appraisals are vital in the home-buying process as they ensure you don’t overpay for a property and protect lenders from lending more than the home is worth. For mortgage refinances, appraisals provide updated information on your home’s value, which helps determine how much equity you can access. Types of Appraisals
1 day ago · How to renew your mortgage in Canada. Many banks start the mortgage renewal process as much as six months prior to the maturity of the mortgage. This is a great time to do research and shop around to see what is available.
5 days ago · If you own your home and have equity in it, one option is to refinance your mortgage so you have more spending power available. Now you can switch your mortgage to Scotiabank online with eHOME * *Subject to approval.
5 days ago · Documents requests are made on a case-by-case basis depending on the applicants, nature of income, etc. Proof of Identity: Government-issued photo ID (ex. driver’s license, passport, provincial identification card) with your current address. Health cards are generally not acceptable photo ID. Income and Employment:
4 days ago · If you are up for renewal, your mortgage rate should be selected based on your financial goals for your home. Your rate choice will also depend on stress testing of your mortgage if you choose to switch lenders.
4 days ago · Yes. Mortgage rates. About the same as the national average. Days to close. 18. What Are Our Picks for the Best 3-Year Fixed-Rate Mortgages?
