Author: Joseah Biwott

Buying a home is a big deal, and mortgages can seem a bit confusing at first. But don’t worry – we’re here to break it down in simple terms. What’s a Mortgage? Think of a mortgage like a big loan that you get to buy a house. You borrow the money from a bank or…

A mortgage is basically a loan you use to buy a house. You borrow a good chunk of money from a lender, like a bank, and agree to pay it back over time (usually 15, 20, or 30 years). Your house becomes the security for the loan, meaning if you don’t make payments, the lender…

Interest rates shot up in 2023, and everyone’s wondering if we’ll catch a break in 2024. Well, the truth is, while nobody has a crystal ball, we can at least look at expert opinions, what’s happening in the economy, and past trends to get a better idea. The Story So Far Around the world, central…

Understanding the down payment rules in Canada In Canada, there are specific rules when it comes to home down payments. Such rules are dependent on the total purchase price of the property you are eyeing to buy: Calculating the down payment for a $300K house As your chosen property costs $300,000, your minimum down payment…

A mortgage is basically a loan you use to buy a house. You borrow a good chunk of money from a lender, like a bank, and agree to pay it back over time (usually 15, 20, or 30 years). Your house becomes the security for the loan, meaning if you don’t make payments, the lender…

Buying a home is a big deal, and mortgages can seem a bit confusing at first. But don’t worry – we’re here to break it down in simple terms. What’s a Mortgage? Think of a mortgage like a big loan that you get to buy a house. You borrow the money from a bank or…

Are you considering investing in a new home? If this is your first time to become a homeowner, it is essential that you do your research about the property that you are interested in before finalizing anything. More importantly, if the property that you are eyeing costs $600,000, you should also be honest about your…

Understanding the down payment rules in Canada In Canada, there are specific rules when it comes to home down payments. Such rules are dependent on the total purchase price of the property you are eyeing to buy: Calculating the down payment for a $300K house As your chosen property costs $300,000, your minimum down payment…

Understanding the down payment rules in Canada In Canada, there are specific rules when it comes to home down payments. Such rules are dependent on the total purchase price of the property you are eyeing to buy: Calculating the down payment for a $300K house As your chosen property costs $300,000, your minimum down payment…

Interest rates shot up in 2023, and everyone’s wondering if we’ll catch a break in 2024. Well, the truth is, while nobody has a crystal ball, we can at least look at expert opinions, what’s happening in the economy, and past trends to get a better idea. The Story So Far Around the world, central…