Earlier this month, we asked you what you wanted to see more of on our blog. There were no surprises when you said that you were happy to see more posts about mortgage interest rates (when are they going to stop going up?) and mortgage products (who offers the best mortgage and why?). We also weren’t surprised to see that you wanted to see more posts on real estate – a never-ending hot topic in Canada, especially when both mortgage rates and consumer debt levels continue to rise. But there’s one thing we want to make sure we always do here and that’s answer any questions you may have about mortgages and/or the home buying process.
As much as we might hope so, not everyone comes here to find the best mortgage rates. The stats on how often our education centre is visited proves that you are looking for information on specific parts of the process. Do you want to know what the minimum down payment on a house is? (It’s 5%.) Are you curious to see how CMHC insurance is calculated? (We made a video!) Or are you trying to find out how much money you can access through a home equity of line of credit?
No question is too big or too small. As you saw two weeks ago, we’re happy to clear up any confusion you may have about mortgages or any other step in your real estate transaction. What’s common knowledge to some can be seen as a foreign language to others – and we want to help you understand anything you may be unsure of.
If you’ve ever wondered how a product works or why the rules are what they are, ask us. If you are getting ready to buy and don’t understand some of the lingo that’s being thrown at you, let us explain it. Or if you’re unsure about something and don’t want to move forward without an explanation, let us know. We want to help our readers!
Do you have a question? Leave a comment or email our editor and we’ll answer it as soon as possible!