by Jodi | Nov 17, 2019 | Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Rates, Mortgage Tips, News, Uncategorized
What are the benefits of listing your Fort McMurray home in winter? There is less competition in the winter months. Fewer people are listing their homes because they think there is lower demand. It also means there is less competition for you as a seller since less...
by Jodi | Oct 24, 2019 | Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Rates, Mortgage Tips, News, Uncategorized
Tighter mortgage rules intended to cool off hot real estate markets like Toronto and Vancouver are impacting Fort McMurray home buyers too. For example, the mortgage stress makes it harder to qualify for a home loan even though you have good credit and a good income....
by Jodi | Sep 27, 2019 | Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Rates, Mortgage Tips, News, Uncategorized
While Whalen Mortgages provides some of the lowest mortgage rates in Fort McMurray, getting a deal on a mortgage is only part of the home buying process. Here’s an overview of the home buying process Fort McMurray residents must follow if they can’t afford to buy the...
by Jodi | Aug 15, 2019 | Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Rates, Mortgage Tips, News, Uncategorized
Fort McMurray residents recovering from a bad credit event like bankruptcy should do what they can to repair their credit. The question they face is: what is the best way to do so? A good first step is opening two new lines of credit and then being careful in how you...
by Jodi | Jul 15, 2019 | Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Rates, Mortgage Tips, News, Uncategorized
The Bank of Canada rolled out mortgage stress tests several years ago in a bid to ensure people could afford their homes. These stress tests require that potential home buyers could make their home payments if their income fell or interest rates went up. The interest...
by Jodi | Jul 1, 2019 | Mortgage, Mortgage Blog, Mortgage Broker, Mortgage Rates, Mortgage Tips, News, Uncategorized
A client recently called Fort McMurray Whalen Mortgages. She was our last hope. The big banks had told her that she didn’t qualify for her dream home, and if she didn’t have a solution soon, she’d lose the opportunity. The banks had told her to go save up 10% down....
Recent Comments