Author: Tim

Tim is a mortgage agent in Barrie who specializes in helping first-time home buyers. He works with a variety of lenders and can help customize a mortgage with the best rates & options that fit the needs of each customer.

How The Economic Machine Works by Ray Dalio

I came across this fantastic video recently, and while it’s not specifically mortgage related, it is a fantastic look at how the current economy issues are affecting the housing market.  It’s a long video (30 minutes), but if you’re at all interested in the economy and finances, this is the clearest and most concise explanation… Continue reading How The Economic Machine Works by Ray Dalio

Using the Home Buyers’ Plan for a Down Payment

Did you know that Canadians can use money (up to $25,000 per calendar year) from their RRSPs (Registered Retirement Savings Plan) tax-free for a down payment on their first home? It’s a program called the Home Buyers’ Plan (HBP), however there are some conditions for participating (the RRSP contributions must stay in the RRSP for… Continue reading Using the Home Buyers’ Plan for a Down Payment

Mortgage Monday Rate Update – July 2013

We’ve been doing these Mortgage Monday Rate Updates for going on two years now, and haven’t had much movement the entire time… but finally, there’s actually some movement to report. For those that are shopping for a new house, or looking to do a refinance (or even just a simple mortgage renewal), rates and numbers… Continue reading Mortgage Monday Rate Update – July 2013

Mortgage Monday Rate Update – June 2013

For those that are shopping for a new house, or looking to do a refinance (or even just a simple mortgage renewal), rates and numbers are an important part of the mortgage equation. When rates change even the slightest of percentage points, it could cost or save you thousands of dollars. Every once in a while, here… Continue reading Mortgage Monday Rate Update – June 2013