Skip to content
Pegasus Mortgage Lending Center Inc.

Other

Everything that does not sit in one of the situations above.

Property Tax and Mortgage Fusion: Smart Strategy or Potential Pitfall?

These taxes, enforced by your municipality or local governments, contribute to community services like schools, roads, and public facilities. The amount you pay is based

Common Questions for Home Buyers in Canada: What to Ask Yourself

As per their recent announcement, CREA predicts a 3.3% annual decline in the national average home price, estimating it to reach $680,686 by the year-end,

The Key to Better Credit: Managing Your Credit Utilization Ratio Wisely

Having a good credit score is not enough; you've got to aim for a great one. The question arises: what's the sweet spot? Anything 650

Mastering Money Metrics: Understanding the Differences Between Debt-to-Income and Debt-to-Credit Ratios

They are vital metrics shaping your financial standing. But what's the real difference between them? Your debt-to-income ratio compares your monthly debt payments to your

Mortgage Brokers: Are They Your Homebuying Ally or Obstacle? Pros and Cons Explored

You walk in, sit with one of their in-house mortgage experts, and discuss your options. It's the way it's always been done, but is it

Real Estate Investment: A Wise Financial Move or a Risky Gamble?

It's a place where people make big money and fulfill their dreams, but it has its risks. Investing in real estate is a major step

Comparing Savings Options: Regular vs. High-Interest Savings Accounts

It is a secure haven for stashing your funds, allowing you to accrue cumulative interest while strategically keeping your savings out of immediate reach to

Readvanceable Mortgage

Making Your Mortgage Work for You: The Readvanceable Mortgage Strategy

This blog will explain the readvanceable mortgage Strategy, a financial approach ensuring your mortgage works tirelessly for you. This strategy is not just about owning

Interest Rate

Sluggish September Sales Attributed to Prolonged Interest Rate Expectations

They now predict a 9.8% drop in sales for 2023, down from the 6.8% decline forecasted in July. This downward revision is primarily attributed to

A Comprehensive Guide to Canadian Mortgage Terms

Whether you're puzzled by the differences between fixed and variable rates, want to grasp the implications of amortization, or need to understand the role of

Portable vs. Assumable Mortgages: Which is Better for Your Financial Situation?

A portable mortgage permits you to transfer your mortgage to a new property, while an assumable mortgage enables a buyer to assume the existing mortgage

Smart Savings Strategies: A Comprehensive Guide to RESPs

However, planning for their academic future can sometimes feel confusing. The good news is, it doesn't have to be. Understanding Registered Education Savings Plans (RESPs)