How Easy is it for Foreigners to Secure a Mortgage in Canada?

Original article credits: First National,  www.firstnational.ca

Article written by: First National Financial LP

Original article posted:Sept. 20,2022

Link to original article: https://www.firstnational.ca/mortgage-brokers/resources-for-mortgage-brokers/article/residential-mortgage-commentary---as-autumn-arrives-the-market-cools-further

In the times of high interest rates, don't discount Rent-To-Own   What is Rent-to-Own? Rent-to-Own (RTO) is an agreement between a landlord and tenant in which the tenant agrees to rent the property for a certain period and has an option to buy before the lease expires. It’s essentially a hybrid approach to owning a property. You get to experience the property for a period before committing to a purchase.  In an RTO agreement, the buyer pays the seller a one-time upfront fee, known as an option fee, option consideration, or option money. The fee is the factor that gives the buyer the option…

How Can a Mortgage Broker Help You When Interest Rates are Rising?   Inflation, rising interest rates, increasing housing prices – it can all be overwhelming! What could possibly be next?! Let’s break it down and talk about how rising interest rates correlate to homeownership. Let’s get down to the basics… Rising interest rates represent an increase in the cost of borrowing. Increasing interest rates is a tactic utilized by the government and centralized banks to help “curb” inflation and the rising cost of goods. How? By raising interest rates, individuals are likely to spend less because the cost of borrowing increases. With fewer…

Original Article Source Credits:   CBC ,https://www.cbc.ca/

Article Written By:  Pete Evans

Original Article Posted on:   Jun 01, 2021

Link to Original Article:https://www.cbc.ca/news/business/stress-test-mortgage-real-estate-1.6046758

Original Article Source Credits:   Money Sense , https://www.moneysense.ca/

Article Written By:  TAMAR SATOV 

Original Article Posted on:  MAY 27, 2021

Link to Original Article:  https://www.moneysense.ca/spend/real-estate/what-home-buyers-should-know-about-the-canadian-mortgage-stress-test/

Original Article Source Credits:   CTV News , https://www.ctvnews.ca/

Article Written By:  Patricia Lovett-Reid

Original Article Posted on:  May 25, 2021 

Link to Original Article:  https://www.ctvnews.ca/business/pattie-lovett-reid-what-the-new-rules-around-uninsured-mortgages-mean-for-homebuyers-1.5440888

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  MAY 19, 2021

Link to Original Article:  https://betterdwelling.com/canadian-inflation-makes-the-fastest-two-month-acceleration-in-over-a-half-century/

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  MAY 19, 2021

Link to Original Article:  https://betterdwelling.com/canadian-inflation-makes-the-fastest-two-month-acceleration-in-over-a-half-century/

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Clayton Jarvis

Original Article Posted on:  April 6, 2021

Link to Original Article:  https://financialpost.com/moneywise/3-5-or-10-years-how-to-decide-which-mortgage-term-is-right-for-you

Original Article Source Credits:    CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  March 9, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/03/mortgages-lead-credit-growth-as-delinquency-rates-decline/

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  February 2, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/02/could-mortgage-rates-start-to-rise-sooner-than-expected/

Original Article Source Credits:   HuffingtonPost , https://www.huffingtonpost.ca/

Article Written By:   Daniel Tencer

Original Article Posted on:  01/02/2021 

Link to Original Article:  https://www.huffingtonpost.ca/entry/housing-forecast-canada-2021_ca_5fec942cc5b64e4421082979

Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:  Clayton Jarvis 

Original Article Posted on:  05 Jan 2021

Link to Original Article:  https://www.mortgagebrokernews.ca/news/buying-or-selling--key-projections-for-canadian-real-estate-in-2021-336564.aspx

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  JANUARY 5, 2021

Link to Original Article:  https://betterdwelling.com/canadian-mortgages-over-120-days-past-due-rises-at-the-fastest-pace-in-years/

Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:  Ephraim Vecina

Original Article Posted on:   06 Jan 2021

Link to Original Article:  https://www.mortgagebrokernews.ca/news/what-will-happen-to-bank-of-canada-rates-in-2021-336600.aspx

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  December 17, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/12/tight-market-conditions-keep-home-sales-and-prices-at-historical-highs/

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2019-09-09

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/preapproval-qualify-mortgage.html

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  November 17, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/11/record-low-supply-and-interest-rates-fuel-record-october-home-prices/

Original Article Source Credits:    CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  November 11, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/11/optimism-returns-to-the-markets-could-fixed-rates-start-to-rise/