Deb Murdoch - TMG The Mortgage Group wishes you the very best in the holiday season and 2023! May you and your family stay healthy and happy!

1. What is the minimum down payment for purchasing my first or second home?
5% is the minimum down payment for a first or second home. Many think you need a higher down payment for your second home. At this point in time, you do not.

When you’re looking for a mortgage, it’s easy to get lured in by a promotional interest rate or be lost in trying to get the right kind of mortgage. This usually results in some key elements being overlooked, such as payments, prepayment options/penalties, etc. Deciphering mortgage terminology, knowing what to look for, and understanding the different types of mortgages can prepare you for the application process.

Season’s Greetings from Deb Murdoch - TMG The Mortgage Group. I wish you and your family a wonderful holiday season and a happy, healthy, and prosperous New Year 2022!

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Jessy Bains

Original Article Posted on:  June 15, 2021

Link to Original Article:  https://ca.finance.yahoo.com/news/canadian-real-estate-crea-says-sales-fell-in-80-of-markets-in-may-135801702.html

I’m Deb Murdoch, a leading mortgage broker at TMG The Mortgage Group.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

Original Article Source Credits:    CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  June 15, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/06/housing-market-moderates-in-may-but-prices-forecast-to-rise-19-3-this-year/

Original Article Source Credits:   Greedy Rates , https://www.greedyrates.ca/

Article Written By:  Greedy Rates

Original Article Posted on:  March 16, 2021

Link to Original Article:  https://www.greedyrates.ca/blog/5-ways-improve-credit-score/

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Kaitlin Last

Original Article Posted on:  MAY 24, 2021

Link to Original Article: https://betterdwelling.com/canadian-real-estate-is-seeing-home-buyers-fall-faster-than-sellers/

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  May 21, 2021

Link to Original Article: https://www.canadianmortgagetrends.com/2021/05/insured-and-uninsured-mortgage-stress-test-changes-confirmed-for-june-1/

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Stephen Punwasi

Original Article Posted on:  APRIL 30, 2021

Link to Original Article:  https://betterdwelling.com/home-prices-are-rising-as-more-supply-is-built-thats-how-it-works/

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Shane Murphy

Original Article Posted on:  April 19, 2021

Link to Original Article:  https://financialpost.com/moneywise/five-reasons-you-need-to-know-your-credit-score

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:   2019-03-21

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score/understand-credit-report.html

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Daniel Wong

Original Article Posted on:  MARCH 4, 2021

Link to Original Article:  https://betterdwelling.com/canadians-now-pump-more-into-residential-real-estate-than-business-development/

Purchasing a new home in a neighborhood that fulfills your lifestyle aspirations can help create beautiful memories for the whole family. However, there are numerous tasks involved with financing your dream, which could make the process stressful.

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2020-05-13

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score/improve-credit-score.html

Earlier this year, the Canada Mortgage and Housing Corporation made a now-infamous prediction that home prices would fall by up to 18% over the course of 2020 and into 2021.

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:   James Langton

Original Article Posted on:   December 10, 2020

Link to Original Article:  https://www.advisor.ca/news/economic/non-bank-mortgage-lenders-offered-billions-in-relief-in-q2/

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  DECEMBER 15, 2020

Link to Original Article:  https://betterdwelling.com/canadas-non-bank-lenders-see-arrears-rate-rise-11-despite-deferral-programs/

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/ 

Article Written By:  NA

Original Article Posted on:  NOVEMBER 16, 2020

Link to Original Article:  https://betterdwelling.com/cmhc-finds-toronto-and-vancouver-mortgage-debt-ratios-fall-but-not-as-it-seems/