Rebecca Nickerson Mortgages
2725 Queensview Dr #500 K2B0A1 Ottawa, ON, Canada

Wishing you all of the Hope, Wonder, and Joy that the Season can bring! From my family to yours * * * #holidayseason #2020holiday #mortgages #mortgagerates #interestrates #themortgageadvisors #mortgagetips #mortgagebroker #firsttimehomebuyers #mortgageagent #realestate #homebuying101 #homebuyingtips #invest #ottawarealestate #ontariorealestate #ottawa #ontario #easternontario #orleans #nepean #barrhaven #manotick #kanata #stittsville #carp #almonte #carletonplace #arnprior #rebeccanickersonmortgages

Who is with me on this? I always say I will do better next year.... * * * #holidays #2020holiday #mortgages #mortgagerates #interestrates #themortgageadvisors #mortgagetips #mortgagebroker #firsttimehomebuyers #mortgageagent #realestate #homebuying101 #homebuyingtips #invest #ottawarealestate #ontariorealestate #ottawa #ontario #easternontario #orleans #nepean #barrhaven #manotick #kanata #stittsville #carp #almonte #carletonplace #arnprior #rebeccanickersonmortgages

Are you looking for mortgage information and advise that you can count on? * * Maybe you have a question and are looking for professional unbiased advice regarding a property? I can help with a purchase, a refinance, registering a HELOC or maybe even buying that investment property that you have been contemplating. *... * I offer professionalism in a very honest environment, I will walk you through the process step by step. I have access to many different lenders with a variety of different products to suite your financial needs and the best part is that you don't have to leave your house, the process is all virtual for your safety and convenience. [email protected] 613-864-8420 * * #mortgages #mortgagerates #interestrates #themortgageadvisors #mortgagetips #mortgagebroker #firsttimehomebuyers #mortgageagent #realestate #homebuying101 #homebuyingtips #invest #ottawarealestate #ontariorealestate #ottawa #ontario #easternontario #orleans #nepean #barrhaven #manotick #kanata #stittsville #carp #almonte #carletonplace #arnprior #rebeccanickersonmortgages See more

Who isn't excited for the weekend???? * * * What sort of things are keeping you entertained during this crazy time? ... * * * #weekendvibes #friday #mortgages #mortgagerates #interestrates #themortgageadvisors #mortgagetips #mortgagebroker #mortgageagent #realestate #homebuying101 #homebuyingtips #ottawarealestate #ontariorealestate #ottawa #ontario #easternontatrio #orleans #nepean #barrhaven #manotick #kanata #stittsville #carp #almonte #carletonplace #arnprior See more

Generally speaking, a higher credit score can translate to cost savings, perks and more. Your credit score is a key factor considered by lenders, so a better score can help you get more credit at attractive interest rates. A healthy credit score will help save you up to thousands of dollars over time and perhaps make it easier to achieve your financial goals. Here are some tips on how to achieve excellence when it comes to your credit. * * Always pay your bills on time. AL...WAYS Payment history heavily influences your credit score. In fact, it is the most influential factor for FICO. To stay on top of your payments, set up a calendar reminder or subscribe to automatic payments. * * Credit utilization is another key piece of your credit score puzzle. Credit utilization measures the balances you owe on your credit cards relative to your cards’ credit limits. A general rule of thumb with credit utilization is to stay below 35%. This applies to each individual card and your total credit utilization ratio. * * Limit the number of credit inquiries or applications Hard hits are credit checks that appear in your credit report and count towards your credit score. Avoid multiple inquiries during a short period of time. * * Increase the length of your credit history The longer a credit account is open and reported on your credit bureau the better it is for your score. Consider keeping the older accounts even if you do not use them often, try to use them from time to time to remain active. * * Use different types of credit It is better to have a mix of different credit such as a credit card, line of credit and a car loan. * #creditscore #credittips #mortgages #mortgagerates #interestrates #themortgageadvisors #mortgagetips #mortgagebroker #mortgageagent #realestate #homebuying101 #homebuyingtips #ottawarealestate #ontariorealestate #ottawa #ontario #easternontatrio #orleans #nepean #barrhaven #manotick #kanata #stittsville #carp #almonte #carletonplace #arnprior See more

As a mortgage agent, I look at your complete situation and educate you on your best options. I help you to find the product that will be best suited to your needs, at a very competitive rate. I help you figure out mortgage solutions and a mortgage plan specific to YOU. I want you to be comfortable and confident in your decisions about your mortgage. * * * Let me help you with your next mortgage, or contact me with any questions 613-864-8420 [email protected] * * * #workingforyou #mortgages #mortgagerates #interestrates #themortgageadvisors #mortgagetips #mortgagebroker #mortgageagent #realestate #homebuying101 #homebuyingtips #ottawarealestate #ontariorealestate #ottawa #ontario #easternontatrio #orleans #nepean #barrhaven #manotick #kanata #stittsville #carp #almonte #carletonplace #arnprior See more

Mortgage rates are at an all time low, should you break your mortgage to secure a lower payment? * * There is a lot of talk about rates these days, fixed rates have reach all time lows below 2%. The Bank of Canada just announced they will be holding the overnight benchmark rate. *... * The current market is creating a predicament for many who are locked into higher rates. Are you locked in a fixed rate that is above 3.00%? There could be hope to take advantage of the current market rates depending on the lender. * * Interest rates are at an all time low, it might make sense to pay the penalty and break your mortgage. * * Here is an example: Mortgage Balance: $330000 Mortgage interest Rate: 3.24% Monthly Mortgage Payment: 1602.64 Interest cost: $30611.45 Refinance example Mortgage Balance: $330000 New Mortgage interest Rate: 1.99% Monthly mortgage payment: 1395.80 Interest costs: $18717.80 Total interest savings: $11893.65 So long as the pre-payment penalty is lower than the savings (this would depend on the lenders calculation) you could be in a situation to save a lot. * * Sitting down and doing the math could be profitable , allow me to crunch the numbers to see if it makes sense. [email protected] or 613-864-8420 * * * #mortgage #mortgagebroker #mortgagerates #mortgagetips #mortgageagent #themortgageadvisors #realestate #realestateagent #homebuyers #homebuyingtips #moneysavingtips #firsttimehomebuyer #investing #investmentproperty #investmentopportunity #ontario #easternontario #ottawa #orleans #manotick #barrhaven #nepean #kanata #stittsville #carp #almonte #arnprior #carletonplace

Hello December, you are the last one so please be the BEST!! * * * What are you excited for? Looking forward to the holidays, or simply a countdown for this crazy year to be done?... * * * #december #holidayseason #mortgages #mortgagerates #interestrates #themortgageadvisors #mortgagetips #mortgagebroker #mortgageagent #realestate #homebuying101 #homebuyingtips #ottawarealestate #ontariorealestate #ottawa #ontario #easternontatrio #orleans #nepean #barrhaven #manotick #kanata #stittsville #carp #almonte #carletonplace #arnprior See more

Should you lock in with a fixed rate or ride the wave with a variable mortgage rate? * * This is a famously debatable question for so many home owners. Lots of people tend to favour the security of a fixed-rate mortgage over variable rate mortgage however there are pros and cons to both. *... * Fixed A fixed-rate mortgage is a fully amortizing mortgage loan where the interest rate on the balance remains the same through the term of the loan. Pro Fixed payment creates stability when budgeting Regardless of the market the amount of interest you pay will remain the same during the term Con Pre-payments are limited and much larger penalties associated with full pre-payment If interest rates go down, you will not receive the benefits of the lower rate Variable Avariable mortgage ratefluctuates with the marketinterest rate, known as the ' primerate', and is usually stated as prime plus or minus a percentage amount. The payments can fluctuate during the term of the loan. Pro If interest rates go down, you'll pay off your mortgage faster because more of your payment will go towards your loan principal The pre-payment penalties associated are much less than the fixed rate mortgage. Con It can carry a sense of insecurity for some home owners If interest rates go up, more of your payment will go towards interest, which means it will take you longer to pay off your mortgage (however, you may be able to switch to a fixed rate mortgage and lock in your rate) * * * Bottom line everyones risk tolerance and financial goals are different, when thinking about your next mortgage it is best to consult with a professional who can guide you in making the decision that will suit your own unique situation. * * Which mortgage loan are you more likely to take? * * #mortgage #mortgagetips #mortgagerates #mortgagebroker #mortgageagent #interestrates #fixedmortgage #variablemortgage #themortgageadvisors #realestate #homebuying101 #homebuyingtips #ottawarealestate #ontariorealestate #ottawa #ontario #easternontario #easternontario #orleans #nepean #barrhaven #manotick #kanata #stittsville #carp #almonte #carletonplace #arnprior

Are you thinking of buying a home that is not quite up to your standard? * * Or maybe you are a realtor looking to market a property when you know it needs little work? *... * Don’t shy away from the fixer upper. I can help you with that! * * ThePurchase Plus ImprovementsMortgage allows borrowers to a simpler and more affordable option for buying a fixer-upper. Homeowners are able to buy their new home and pay for the renovations all with one convenient mortgage and with as little as a 5% down payment. * * This program is a great way to increase equity value in your home right away, but also taking advantage of the great rates that are currently available. We can look to include renovations in to your mortgage amount (up to either 20% of home cost or $40000). Reach out for more details. [email protected] or 613-864-8420 * * * #mortgages #mortgagebrokers #themortgageadvisors #mortgagetips #mortgagerates #interestrates #realestate #investinginrealestate #investmentproperty #firsttimehomebuyer #homebuying #homebuyingtips #realestateottawa #realestateontario #realtorsofinstagram #ontario #easternontario #ottawa #orleans #manotick #barrhaven #kanata #nepean #stittsville #almonte #carp #carletonplace #arnprior See more

On 11/11 we take a moment to say thank you to all those who made the ultimate sacrifice. * Lest we forget. * #canadaremembers

Top Reasons Why Anyone Should Invest In Real Estate * * 1 Appreciation In addition to a build-up of equity by paying down your mortgage, you will also gain from the increase in property value. Real estate prices tend to go up in value over time not down. You can take advantage of appreciation and use your property as leverage. ... * 2Income A rental property or investment suite attached to your home can add to your cash flow and income either by helping with personal costs or allowing you to re-invest. Cash flow will be strengthened over time as you pay your mortgage down and funds can be used to supplement your income. * 3Tax Benefits You may receive tax deductions on mortgage interest, operating expenses like insurance, property taxes and repairs. You can deduct these costs from the income you receive. * 4Asset Value There will always be value in your land and your structure or home. Other investments may not leave you with a tangible asset to sell at the end. * 5 Leverage You can use the equity in your home to secure another loan through a lender to purchase another property or other investment opportunities. You can maximize from your return on investment by using your properties to purchase or invest further. * * #mortgage #mortgagebroker #investmentproperty #investmentstrategies #interestrates #themortgageadvisors #mortgagerates #mortgagetips #homebuyingtips #incomeproperty #incomeopportunities #mortgageadvice #ottawarealestate #ontariorealestate #ontario #easternontario #westernontario #southernontario #northernontario #ottawa #orleans #manotick #nepean #barrhaven #kanata #stittsville #carp #almonte #carletonplace #arnprior See more

This morning, the Bank of Canada kept its target overnight benchmark rate unchanged at percent. As a result, the Bank Rate remains at percent. Canada’s prime rate will remain at 2.45% * * The central bank communicated that it has no intention on raising rates until the economy rebounds. It is of course impossible to predict the course of the pandemic and economic picture, but it is reassuring to see the Bank of Canada standing fast on its accommodative monetary policy. Y...ou can find the full communication here https://www.bankofcanada.ca//09/fad-press-release-2020-09/ * * BoC’s next scheduled policy announcement is October 28, 2020. * * #mortgages #bankofcanada #mortgagebrokers #mortgageottawa #themortgageadvisors #mortgageagent #interestrates #homebuyers #firsttimehomebuyer #mortgagetips #finance #ottawa #easternontario #ontario #orleans #nepean #manotick #barrhaven #kanata #stittsville #carp #almonte #carletonplace #arnprior See more

Is it time to re-evaluate your home finances? * * * Would you like to look at reducing your housing costs?Are you paying too much interest with your current mortgage lender? ... * * * While many are spending more time at home are you realizing it is time to do those renovations you have been dreaming about? * * * Whether you are looking at taking advantage of transferring your mortgage to reduce your payments and interest, or looking to access some equity from your home, there is no time like the present. Mortgage rates are at an all time low and it you may save by renegotiating your mortgage terms now. I am here to help explore your options and help you save 613-864-8420 or email [email protected] * * * #mortgagerates #mortgage #mortgagebroker #mortgagetips #mortgagepro #themortgageadvisors #ottawamortgages #mortgageottawa #realestate #ottawabusiness #ontariomortgages #ontariomortgageagent #interestrates #refinance #firsttimehomebuyer #money #ottawa #nepean #barrhaven #orleans #manotick #kanata #stittsville #almonte #carletonplace #arnprior #carp See more

What are you doing for your special friend today? * * * *... * Rebecca Nickerson Mortgages with The Mortgage Advisors 613-864-8420 [email protected] * * * * * #internationdogday #dogmom #dogdad #dogsofinstagram #doglife #mortgages #mortgagebroker #mortgagebrokerottawa #themortgageadvisors #interestrates #ottawa #realestate #realestateottawa #ottawawest #ottawaeast #orleans #manotick #barrhaven #nepean #kanata #stittsville #carletonplace #almonte #arnprior #easternontario

Today we get to celebrate our little fur babies! Nobody can win over our hearts like our canine pals * * * *... * * #internationdogday #dogsofinstagram #doglife #mortgages #mortgagebroker #mortgagebrokerottawa #themortgageadvisors #interestrates #ottawa #realestate #realestateottawa #ottawawest #ottawaeast #orleans #manotick #barrhaven #nepean #kanata #stittsville #carletonplace #almonte #arnprior #easternontario See more

Don't get caught surprised with unexpected closing costs at the last minute!

Here is a good article on some of the closing costs that not all home buyers expect to pay, better to be prepared than to find out about these fees at the last minute.

The Bank of Canada’s 5 year conventional mortgage rate fell from 4.94% to 4.79% What does this mean to home buyers? * * * *... * This rate is used to calculate the stress test to qualify for a mortgage. This is the rate you need to show you can afford to pay if rates went up. This also means that buyers stand to qualify for a larger mortgage when buying or qualifying for a home, more buying power! Let’s chat about how this can benefit you. rebeccanickerson@themortgageadvisors@com or 613-864-8420 * * * * #mortgage #mortgagerates #mortgagebroker #themortgageadvisors #bankofcanada #interestrates #stresstest #homebuying101 #realestate #ottawarealestate #ottawa #firsttimehomebuyer #easternontario #kanata #nepean #manotick #orleans #barrhaven #almonte #arnprior See more

Happy long weekend to everyone!!! * * * *... Wishing everyone a safe, relaxing and fun long weekend! * * * * * #mortgage #mortgageottawa #mortgagebroker #mortgagetips #ottawa #realestateottawa #realestate #realtor #realestateinvesting #interestrates #themortgageadvisors #ottawa #kanata #almonte #stittsville #carp #nepean #manotick #barrhaven #orleans #kemptville #arnprior See more

The global economy is starting to pick up, and the Canadian economy is starting to recover. The Bank of Canada is still expecting a slow recuperation and has decided to hold the overnight rate at 0.25%. https://www.bankofcanada.ca//07/fad-press-release-2020-07/