by Alex McIvor | Jan 11, 2022 | Buyers, Mortgages
Homebuyers borrowed more money in 2021 than ever before. Breaking the last set record in 2005. In 2021, the MBA – Mortgage Brokers Association – estimates that $1.61 Trillion in debt was taken out by buyers for home purchases. While it’s still...
by Alex McIvor | Jan 7, 2022 | Buyers, Mortgages, Tips
Yes. What’s that you say? “That’s just a self-serving answer from a Realtor. That’s what you’d expect him to say.” And.. well… you’re not totally wrong. Let’s be honest. But before you tune out, let me explain why I think that. I’ll be quick..ish. Okay, so why is it a...
by Alex McIvor | Oct 29, 2020 | Mortgages
Interest rates dropping to record lows. Some lucky people have locked in unreal rates as low as 2.5%. Many homeowners are taking the opportunity to refinance. The rates are so low in fact that going with a 15-year over a 30-year mortgage is now a viable option for...