Mortgage Blog
Getting you the mortgage you deserve
How rising rates can affect your mortgage
June 1, 2022 | Posted by: Fortune Funding Mortgages
How rising rates can affect your mortgageThe one-two-punch of supply chain issues and the war in Ukraine has pushed inflation in Canada to its highest level in 30 years and spurred the Bank of Canada ...
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The Tax-Free First Home Savings Account (FHSA) explained
May 31, 2022 | Posted by: Fortune Funding Mortgages
If you or someone you know is saving for a downpayment on their first home, the Federal government announced a new program aimed at first-time buyers in their recent budget. The First Home Savings Acc ...
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There Are No Houses for Sale in My Area - What Do I Do?
May 6, 2022 | Posted by: Fortune Funding Mortgages
You're in the market for a home. You want to capitalize on mortgage rates before incremental Bank of Canada announcements increase them, and home values grow further. But there's one pr ...
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Bank of Canada Mortgage Rate Announcement - March 2022
March 3, 2022 | Posted by: Fortune Funding Mortgages
We concluded the month of February with a notice to all prospective home buyers and investors. The notice was simple - get a mortgage fast. Why? Because we saw it coming. We predicted that the Ba ...
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Higher interest rates are here. What does that mean for you?
March 1, 2022 | Posted by: Fortune Funding Mortgages
The Bank of Canada has been signalling for a while now that they will respond to inflation by raising interest rates. Sure enough, on March 2nd they announced a hike in the overnight rate by 0.25%. He ...
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Sensible strategies to help you thrive in 2022
January 4, 2022 | Posted by: Fortune Funding Mortgages
Sensible strategies to help you thrive in 2022 Canadians keep talking about the housing market! Are we in a housing bubble, will rates rise in 2022, and by how much, is this the right time to buy or ...
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Six tips for financial fitness this Fall
January 4, 2022 | Posted by: Fortune Funding Mortgages
Six tips for financial fitness this Fall It’s September and there is some optimism that we may be moving towards the end of life in a global pandemic. The Fall has always been a great time to g ...
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Should You Refinance Your Mortgage?
January 4, 2022 | Posted by: Fortune Funding Mortgages
There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether refi ...
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What's involved in giving your child a boost to homeownership?
January 4, 2022 | Posted by: Fortune Funding Mortgages
What's involved in giving your child a boost to homeownership? With the financial demands of school loans, living expenses, and finding a career path, many young people struggle to purchase their fir ...
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Preparing for higher rates
November 25, 2021 | Posted by: Fortune Funding Mortgages
Preparing for higher ratesGiven inflationary pressures, the Bank of Canada indicated in their last rate announcement that rate hikes could take place earlier than previously indicated, in mid-2022, wh ...
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