by Tribe Financial | Aug 6, 2021 | Blog, Homeownership, Mortgage
There are many social and cultural factors that influence homebuying trends, but perhaps none more so than the period of time we were born. Connected by shared values, attitudes and behaviours, generational groups tend to make decisions based on their place in the...
by Tribe Financial | Jul 9, 2021 | Announcements, Blog, Homeownership, Mortgage
You may be ready to buy a home but you’re finding that your budget is stretched to its limit with all of the closing costs adding up on top of the down payment you’re required to make. Some lenders offer a cash back mortgage that could be the solution you’ve been...
by Tribe Financial | Jul 2, 2021 | Blog, Homeownership, Mortgage
If you’ve missed mortgage payments or you’re anticipating difficulties moving forward, you should always deal with this as early as possible. Periods of financial difficulty are not uncommon and there are several options available to avoid an ultimate foreclosure. ...
by Tribe Financial | Jun 11, 2021 | Blog, Homeownership, Mortgage
Every time your mortgage renewal date is approaching – every five years, on average, depending on your specific term – it’s important to get your mortgage agent negotiating on your behalf. You should start the process 3-4 months in advance to give ample time to get...
by Tribe Financial | May 28, 2021 | Blog, Economy, Finance, Homeownership, Mortgage
A recent Equifax survey of Canadian consumers shows 40% feel that mortgage fraud is a growing problem. Even more unsettling is that 9% admit to not having been entirely truthful on their loan applications, and a similar number believe it’s acceptable to falsely report...
by Tribe Financial | May 14, 2021 | Blog, Economy, Finance, Mortgage
Since the global pandemic reached our shores, the Bank of Canada cut its overnight target interest rate in a number of unscheduled announcements, finally settling on the record low 0.25%. Understandably, these reductions were implemented in an effort to help offset...
