Sandhusranmortgages's blog

Sandhu & Sran Mortgages is your trusted choice for mortgage refinancing and renewal in Abbotsford. With years of experience and a wide lender network, we are proudly helping eligible borrowers in becoming homeowners. From searching the best mortgage rates to negotiating and finalizing the deal, we are your go-to mortgage brokers in Abbotsford, Edmonton, and Surrey. Get the lowest mortgage rates and flexible terms with us. For more insights, visit: https://www.sandhusranmortgages.com/blog/did-stress-test-got-removed-for-all-mortgage-renewals/

Sandhu & Sran Mortgages is your trusted choice for competitive residential and commercial mortgages in Abbotsford, Edmonton, & Surrey. With years of industry experience, we have managed to deliver 100% reliable mortgage approvals in the shortest possible time and the lowest interest rate. We work with lenders to find you flexible terms and conditions and a number of mortgage products to choose from. No matter, what your mortgage needs are, we are here to address them all. Contact us today to get started with your residential mortgage in Abbotsford application.

Are you a first time buyer looking for a competitive mortgage deal? Apply a residential mortgage for your first home and get approved with Sandhu & Sran Mortgages. Say no to financial worries and get access to the best mortgages for first time buyers in Abbotsford and Surrey. Rely on Sandhu & Sran Mortgages for quick mortgage approvals. For more insights, visit: https://www.sandhusranmortgages.com/blog/boldest-mortgage-reforms-in-decades-helping-more-canadians-own-homes/

Are you trying to find trustworthy mortgage brokers in Surrey who can assist you in getting approved for a mortgage? If so, you can trust Sandhu & Sran Mortgages. With years of experience in the field, we assist qualified borrowers in getting accepted for private mortgages, construction loans, or residential mortgages in Surrey. Regardless of your credit score, our network of lenders can provide you a variety of mortgage products to pick from. We are specialists in low-interest mortgage renewals and refinancing. Need a mortgage? Get starts with your mortgage application today.

Looking for reputable Abbotsford mortgage brokers who can help you in getting approved for a mortgage? If yes, rely on Sandhu & Sran Mortgages, With years of industry experience, we are helping eligible borrowers in getting approved for a residential mortgage, construction loan, or private mortgages in Abbotsford, Our network of lenders can provide you with a number of mortgage products to choose from, regardless of your credit score. We are experts in low-interest mortgage refinancing and renewals in Abbotsford. Do you need a mortgage to buy your dream property?

In its latest announcement regarding mortgages for First Time Home Buyer, Federal government raised the insured mortgage cap to $1.5M for a down payment of 20%. Also, the amortization period has been increased from 25 to 30 years, bringing a sigh of relief on home buyers worried about huge monthly payment. With the expected inflation levels lowering down constantly and bringing the percentage of just 2%, get ready for more amazing mortgage cuts to be introduced in coming months. If you are still planning to buy a home, nothing can be better than now.

In a recent move, the Bank of Canada (BoC) announced a further cut to the overnight lending rate. This is the third time in a year that the bank has lowered the lending rate, bringing it down to 4.25%. This action has received various reactions from economists, homeowners, and businesses. Many are trying to understand the reasons behind the interest rate cuts and their implications for the Canadian economy. Recently, Canada’s inflation has been high, with the Consumer Price Index (CPI) dropping to 2.5% in July, down from 2.7% in June.

Planning to apply a mortgage and wondering which mortgage rate type will suit you the best? One of the most important decisions a borrower will make when choosing a mortgage is whether to go with a variable or fixed interest rate. It’s a decision that can have a long-term impact on a homeowner, costing thousands of dollars in interest. In 2024, as inflation sweeps across the Canadian economy, we will examine whether a fixed or variable rate mortgage in Abbotsford is best suited to your specific situation and risk tolerance.

With a flexible credit line, home equity lines of credit (HELOCs) enable you to access the equity you’ve accumulated in your house. Variable-rate home equity loan options could continue to be a popular choice for homeowners in need of borrowing money in 2024, as interest rates are predicted to decline. But before requesting a HELOC, weigh the benefits, drawbacks, and other options. There are still several big banks that haven’t joined the HELOC market.

Are you thinking about buying your first house? If you’re a first-time home buyer, you might be really motivated to buy a house you can call your own and might want some financial support to realize this goal. Securing a lucrative mortgage at a competitive interest rate should be your top priority when it comes to purchasing a property. This blog offers advice to assist you in selecting the right mortgage option for a speedy first-home mortgage approval in Surrey.