Property Finance Corp Lic#12790

Refinancing your mortgage can be a smart move, but it's essential to know the right steps! 🏡💡

Top Refinancing Tips:

1. Check your credit score for better rates.
2. Know your goals—lower payments or access equity?
3. Compare lenders to find the best deal.
4. Calculate costs to ensure savings.
5. Lock in your rate to avoid surprises.

Ready to take control of your mortgage and save more? Click the images to read more and explore your refinancing options today! 🌟

🌐www.propertyfinancecorp.com
📞1-844-PF1CORP (731-2677)

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DID YOU KNOW? 🏡💡

Many Canadian mortgages offer prepayment options, letting you make extra payments toward your principal without penalties! This can help you pay off your mortgage faster and save big on interest. 💸⏳

Ready to take control of your mortgage and build equity quicker? Let’s explore your options today! 🌟

Call us @ 1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com

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📢 Bank of Canada Mortgage Rate Announcement Dates for 2024 📢

Stay informed and plan ahead! Here are the scheduled dates for the Bank of Canada's mortgage rate announcements in 2024. Mark your calendars to stay updated on key financial decisions that could impact your mortgage rates and financial planning.

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"The harder you work for something, the greater you’ll feel when you achieve it."

Hard work pays off! Let's put in the effort to achieve your real estate dreams.

Contact us today! 🏡💼

Call us @ 1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com

Happy Sunday! Why Home Inspections Are Important?

🔍 Home Inspections: A crucial step in the home buying process. They provide an objective evaluation of the home’s condition, identifying potential issues.

Don’t skip this step!

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Starting August 1st, 2024, the Department of Finance will allow first-time home buyers purchasing newly built properties to opt for a 30-year amortization on insured mortgages.

As Justin Trudeau says, "If you have a longer-term mortgage, you can make smaller payments to start. That means you can buy your first home sooner."

This change offers several advantages:
1. Lower Monthly Payments: Spreading payments over 30 years reduces the monthly amount, making homeownership more affordable.
2. Increased Qualification: More buyers can qualify for mortgages due to lower payment requirements.
3. Flexibility: Provides greater financial flexibility for new homeowners.

Traditionally, with less than a 20% down payment in Canada, buyers were limited to a 25-year amortization, resulting in higher monthly payments. This new policy allows for more manageable payments, broadening access to homeownership.

"Don't watch the clock; do what it does. Keep going." - Sam Levenson

Keep moving forward towards your real estate goals.

Time waits for no one! Contact us to get started. 🏡⏰

🌐www.propertyfinancecorp.com
📞1-844-PF1CORP (731-2677)

🏠 Cheers to a beautiful Sunday! 🌞

If you're considering buying a new home or selling your current one, now is the time to act.

Contact us for expert advice and top-notch service. Your dream home is just a call away! 📞✨

🌐www.propertyfinancecorp.com
📞1-844-PF1CORP (731-2677)

🔄Tip: Diversify your credit mix by having different types of credit accounts, such as credit cards, installment loans, and retail accounts.

A varied credit profile can positively impact your credit score.

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📢 Latest Bank of Canada Update 📢

The Bank of Canada has reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. This move aligns with their ongoing policy of balance sheet normalization.

🌍 Global Economic Outlook
- Expected to grow at about 3% annually through 2026.
- Inflation remains above target but is forecasted to ease gradually.
- The US is experiencing a slowdown with moderated consumption growth and resumed downward inflation.

🇨🇦 Canadian Economic Highlights
- Economic growth estimated at 1½% for the first half of the year, with GDP growth forecasted at:
1.2% in 2024
2.1% in 2025
2.4% in 2026
- Strong population growth (about 3%) means potential output is outpacing GDP, indicating increased excess supply.
- Household spending and housing remain weak, with signs of slack in the labour market.

📊 Inflation Forecast
- Core inflation is expected to slow to 2½% in the second half of 2024 and ease through 2025.
- CPI inflation is anticipated to drop below core inflation in the second half of this year due to base effects on gasoline prices, potentially edging up before stabilizing around the 2% target next year.

Stay informed and plan accordingly as these changes may impact financial decisions and economic planning.

💡💰 Need flexible financing options?

Consider a Home Equity Line of Credit (HELOC)! A HELOC lets you borrow against your home’s equity and only pay interest on the amount you use.

Perfect for home improvements, debt consolidation, or other expenses. Manage it wisely to avoid increasing your debt burden!

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Interested in a HELOC? Contact your lender today to learn more! 📞💬

"The only way to do great work is to love what you do." - Steve Jobs

Passion drives success in real estate.

Let's find your dream home or investment property together! 🏡❤️

Call us @ 1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com

📱Tip: Use credit monitoring apps to track your score, receive alerts for any changes, and get personalized tips for improving your credit health.

Stay proactive with technology!

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🌞 Sunday Funday in the Real Estate Market! 🏠

Your perfect home is out there waiting.

Why not take a step closer to it today? Get in touch for personalized guidance and exciting listings! 💬✨

Call us anytime this week @ 1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com

Where do you think the housing market is headed this year?
▪️ Prices will go up 📈
▪️ Prices will go down 📉
▪️ Prices will stay the same ➡️

Share your thoughts!

🔍 Check Your Credit Score! 🔍

A good credit score can get you better mortgage rates. 📈 Before applying for a mortgage, make sure to check your score and address any discrepancies. This simple step can save you money in the long run!

Call us @ 1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com

"Success usually comes to those who are too busy to be looking for it." - Henry David Thoreau

Stay focused and dedicated, and success will follow.

Let's make your real estate dreams come true! Reach out now. 🏡💪

1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com

💼 Investing in real estate?
Get the best tips and advice from the pros.

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📝 Daily Mortgage Tip: Always compare your mortgage options before making a decision. With "Your Mortgage App", you can easily compare different scenarios to find the best fit for you.

Make informed decisions every day!

Download Now!
Google Play: https://bit.ly/3d4dfyM
Apple Store: https://apple.co/3vBDEe2

DID YOU KNOW? 🏡💡

In Canada, the minimum down payment for homes under $500,000 is just 5%! 💰 For homes priced between $500,000 and $999,999, you'll need 5% for the first $500,000 and 10% for the amount above $500,000. 🏠🔑

Understanding these requirements can help you plan your home purchase more effectively. Ready to take the next step toward your dream home? 🌟

Call us @ 1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com

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Trying to decide between a fixed-rate or adjustable-rate mortgage? Not sure if FHA or conventional is the way to go? Ask us anything!

🌐www.propertyfinancecorp.com
📞1-844-PF1CORP (731-2677)

"The only place where success comes before work is in the dictionary." - Vidal Sassoon

Success requires hard work and dedication! Ready to put in the effort and reap the rewards in the real estate market?

Call us @ 1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com to embark on your journey to success today!

🏡 Thinking about buying your first home? Let us guide you every step of the way.

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💳 Navigating Credit Card Options in Canada! 🇨🇦
Ready to find the perfect credit card? Here’s your guide:

Rewards Cards: Earn points, cash back, and more on your purchases.
Low-Interest Cards: Save on interest with lower rates.
Secured Cards: Build or rebuild your credit with ease.
Learn how to choose the right credit card based on your financial needs, spending habits, and credit-building goals.

Make informed decisions and unlock the benefits! 🌟💼

Contact your bank for more details on the best credit card for you.

📊 Canada Real Estate Market Update - June 2024 📊

The Canadian real estate market is seeing mixed trends this June. While national home sales are down 5.2% year-over-year, some regions like Ottawa and Montreal are showing price increases. The national average home price is now $710,000, down 3% from last year.

🏡 Key Highlights:
▪️ GTA: Sales down 8% YoY, prices down 4% MoM
▪️ Vancouver: Sales down 7% YoY, prices down 1% MoM
▪️ Calgary: Prices up 3% YoY, sales up 2% YoY

Interest rates remain stable for now, but potential hikes could affect the market. Stay informed and plan accordingly!

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DID YOU KNOW? 🏡💡

In Canada, the standard amortization period for mortgages is 25 years, but you can opt for a shorter period! ⏳📉 Choosing a shorter amortization period means higher monthly payments, but you'll pay significantly less interest over the life of your mortgage. 💸✅ It's a great way to save money in the long run and build equity faster! 🏠💪

Want to explore your mortgage options and find the best amortization period for your needs? Let's chat and get you closer to owning your dream home! 🏡🔑

🌐www.propertyfinancecorp.com
📞1-844-PF1CORP (731-2677)

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🏡 Home Buying Process 🏡

Have questions about the home buying process? Drop them in the comments, and I'll answer them in our next post! 📝

🌐 Stay updated on market trends and expert insights.

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DID YOU KNOW? 🏡💡

Canadian mortgages come in two main types: fixed-rate and variable-rate! 🔄 Fixed-rate mortgages provide stability with consistent payments throughout the term, making budgeting a breeze. 💸✅ On the other hand, variable-rate mortgages offer lower initial rates, with potential fluctuations based on the prime rate, which can lead to savings if rates drop! 📉💰 Whether you prefer the predictability of fixed rates or the potential savings of variable rates, there's a mortgage option to suit your needs. 🏠✨

Ready to explore your mortgage options? Let's find the perfect fit for you! 🏡🔑

🌐www.propertyfinancecorp.com
📞1-844-PF1CORP (731-2677)

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🏡 Want to pay off your mortgage faster?

Many Canadian mortgages allow for prepayment, helping you save on interest! But watch out for potential penalties.

Check your mortgage agreement and talk to your lender today!

Call us @ 1-844-PF1CORP (731-2677) or visit www.propertyfinancecorp.com

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