Courtney Matthews Mortgage Broker

If COVID-19 has you facing financial difficulties, it’s important to know your options. If you don’t think you’ll be able to make your mortgage payment, take ac...tion with these 3 steps: Talk to your mortgage professional Clarify the financial picture Stay informed This Financial Literacy Month, make a plan to repay your debt. Your mortgage professional has the tools to help you get through these uncertain times. Learn more: http://ow.ly/JYIs50Casmj

The hot seller’s market in Halifax continues, with no sign of slowing down.

In Nova Scotia, the average home price has jumped by 21 per cent since last September.

Genworth Canada has rebrand to Sagen. Sagen is one of Canada’s three mortgage default insurance companies. The other two are Canada Mortgage and Housing Corporation (CMHC) & Canada Guaranty. If you’re putting between 5% and 19.99% down, it’s mandatory in Canada that your mortgage is insured with one of these companies.... Mortgage default insurance protects lenders, in the event a borrower ever stopped making payments and defaulted on their mortgage loan.

Wishing all of my current and future clients a safe and happy Thanksgiving weekend. Regular office hours will resume Tuesday, October 13th at 9:00 a.m.

Wondering if its worth breaking your current mortgage for the current record-low rates? Read on...

If youre currently in the market for a new home, I have the BEST rate available for the next 60 days. Under 2% for a 3 year fixed . PM me for details or email [email protected]

More good news for homebuyers The Bank of Canada qualifying rate is set to drop from 4.94% to 4.79% on August 17th. This means youll qualify for a little more mortgage than you did a week ago.

Mortgage Broker Questions Answered Q- What is a mortgage broker and why would I use one? A- Mortgage brokers dont lend money directly to you. Mortgage brokers arrange transactions by finding a lender for you.... Some mortgage products are only available through brokers. Since brokers have access to a number of lenders, they may give you a wider range of mortgage products and terms to choose from. Q-How much does it cost to work with a mortgage broker? A- Good news! It usually costs you nothing. Mortgage brokers generally dont charge fees for their services. Instead, they usually receive a commission from the lender when they arrange a transaction. Q- Do all Mortgage Brokers work with the same lenders? Mortgage brokers dont all have access to the same lenders. This means the available mortgages vary from broker to broker. When youre considering a mortgage broker, its a good idea ask which lenders they deal with.

Mortgage term renewing in July? Lower your rate, pay off your mortgage sooner or leverage your equity for cash flow. Let me take a second look I can save you tens of thousands of dollars or help you own your home free and clear years sooner. PM me to book an appointment or message 902-880-1127 [email protected] for details

On July 1 eligibility criteria for buyers with less than 20% down payment tighten. Buyers will need higher credit scores and lower debt burdens to qualify.

Interest-Free for Three During these unprecedented times, some mortgage lenders have stepped up to take a little stress out of your home buying process.... For the first 90 days of a new mortgage, the lender will cover the interest and you pocket the difference. Heres an example of how it works: $325,000 mortgage 2.49% 5-year fixed rate 25-year amortization Regular payments would be: $1,456.37 Interest portion paid by the mortgage lender: Month One: $674.37 Month Two: $672.75 Month Three: $671.13 Total Savings : $2,018.25 What would you do with the extra cash flow? Contact me for details 902-880-1127 or [email protected]

Great news for homebuyers Bank of Canada has dropped is mortgage qualifying rate to 4.94% What does this mean for you? You now qualify for a little more $$ house on the same income & if you didnt qualify before you may now! Message or call for more information 902-880-1127

If youre currently on the hunt for your next home, the market in Nova Scotia, especially in HRM, is still hot , with the most desirable properties selling quickly and usually over asking price. Arm yourself for success with these tried and true strategies.

The pandemic has been a catalyst for many folks to look at refinancing their current Mortgage Canadian fixed and variable mortgage rates are low. If your mortgage term is nearing renewal it may be time to consider refinancing. One of the best reasons to refinance is to lower the interest rate on your existing term. Historically, the rule of thumb is that refinancing is a good idea if you can reduce your interest rate by at least 2%. However, many lenders say 1% savings is e...nough of an incentive to refinance. Refinancing can be a great financial move if it reduces your mortgage payment, shortens the term of your loan, or helps you build equity more quickly. When used carefully, it can also be a valuable tool for bringing debt under control. I can help you refinance your mortgage held with any lender. Contact me for more information.

Is it time to buy your first home? Did you know Nova Scotia down payment assistance loans can range between $7,500 and up to $14,000 for first time home buyers who dont have a 5% down payment saved? Even better, theyre interest free! Message or call me for details

Interesting thoughts during unprecedented times. What do you think?

Are you ready for your dream home?

Homebuyers often find themselves inundated with info once they embark on their home buying journey A common question I get asked is, whats the difference between a Mortgage Broker and my banks Mortgage Specalist? ... Heres the skinny Mortgage Brokers are not tied to any one lender, giving them access to more lending institutions and more mortgage products. Mortgage Specialists work for a particular lender, giving them in-depth knowledge of a particular lenders mortgage products.

More positive news from some of Canadas top lenders ... the overwhelming message continues to be one of empathy towards struggling borrowers, as well as resilience and positivity for the future.

One of the most frequently asked questions when seeking a mortgage or refinance approval has to do with credit score. We arent taught this stuff in school, so many people struggle to understand how to maintain a healthy score. Here are some great tips to keep yours in top shape

If youre in search of an amazing realtor look no further. Dawna is a rockstar in her field and a genuine awesome human!

Some good news from our countrys top lenders on how COVID-19 is affecting the home buying process.

Support for individuals, businesses and industries facing financial hardship due to COVID-19 can be found on the Government of Canada website: https://www.canada.ca//departm/economic-response-plan.html

Did you know that 63% of Canadians are planning to renovate their home in the next 5 years? According to the Mortgage Consumer Survey by Canada Mortgage and Housing Corporation (CMHC) over a 3rd of Canadian homebuyers were not aware that they could include renovation costs as part of their mortgage!

Provinces across are helping renters during the COVID-19 pandemic through eviction bans, rent freezes and supports. See what is available in your province here: