Admin GTA REALTORS Release 2025 Outlook and January Stats “A growing number of homebuyers will take advantage of lower borrowing costs as we move toward the 2025 spring market, resulting in increased transactions and a moderate uptick in average selling pric... Feb 5, 2025
Admin BMO projects a 1.50% Bank of Canada rate by year-end if U.S. tariffs on Canada take effect. That would be a full 100 basis points (1%) below BMO’s current forecast, which projects the Bank of Canada’s rate to reach 2.50% by year-end. BMO has updated its forecast in response to the potential ... Feb 5, 2025
Admin How Bond Yields Affect Mortgage Rates in Canada If you’re looking to secure a mortgage, understanding the relationship between bond yields and mortgage rates can help you time your borrowing decisions effectively. What Are Bond Yields? Government b... Feb 3, 2025
Admin U.S. Tariffs on Canada: What They Mean for Real Estate and Mortgage Markets While the direct impact on housing may not be immediately apparent, the ripple effects of increased costs, inflationary pressures, and economic uncertainty could shape the lending landscape in the mon... Feb 1, 2025
Admin What is an Appraisal and Why is it Important for Your Mortgage Investment? What is an Appraisal? An appraisal is an unbiased professional opinion of a property’s market value. Conducted by a licensed appraiser, this process evaluates various factors, including the property’s... Jan 28, 2025
Admin How to Rebuild Your Credit for a Better Mortgage Rate Don’t worry—at Lendworth, we specialize in helping borrowers with less-than-perfect credit. Here’s a step-by-step guide to rebuilding your credit and how we can support you on your journey to better m... Jan 25, 2025
Admin What Is a Weighted Balance Debt? A Smart Alternative to Refinancing This is where the concept of weighted balance debt comes into play. By leveraging a second mortgage at a higher interest rate instead of refinancing your entire mortgage, you can maintain a lower over... Jan 24, 2025
Admin Equity-Based Lending: Lendworth's Expertise in Underwriting Practices At Lendworth, we believe in simplifying this process through equity-based lending—a practice that offers a straightforward path to financial solutions by focusing on the value of the property rather t... Jan 22, 2025
Admin Navigating the Mortgage Landscape in January 2025: Stats, Rates, and Inflation Current Mortgage Stats The mortgage market has seen some fluctuations over the past year. As of January 22, 2025, the average rates for various mortgage terms in Canada are as follows: 5-year fixed-ra... Jan 22, 2025
Admin How to Become a Mortgage Representative for Lendworth As a leading mortgage brokerage and private lender in Southern Ontario, Lendworth is expanding its team and looking for motivated individuals to join our dynamic workforce. Here's how you can become a... Jan 20, 2025
Admin Understanding Inflation in Canada and Its Impact on Interest Rates From groceries and gas to housing and energy, inflation affects nearly every aspect of daily life. But how does inflation tie into interest rates, and what does this mean for Canadian households, busi... Jan 18, 2025
Admin Unlock Financial Flexibility with Lendworth: Your Trusted Partner in Private Lending Why Choose Private Lending? Private lending is an excellent alternative to conventional bank loans. Unlike traditional lenders, private lenders focus on the value of your property and its equity rathe... Jan 17, 2025
