Tiny white and red model houses in a diagonal row, in reference to the housing market and mortgage professionals

The Housing Market and You

Matthew Jackson Mortgage Tips

As we welcome the third month of 2021 already, I wanted to write a blog post on the housing market and you. Over the years, I’ve written blog posts on the housing market and they’ve been great tools for those interested in buying. We all know that the housing market is constantly evolving and changing, so let’s chat about 2021 …

Scrabble letters on a wooden surface highlighting Vendor Take-Back Mortgage Options

When Can a Vendor Take-Back Mortgage be Useful?

Matthew Jackson Alternative Mortgages

Non-traditional mortgage options are becoming more popular these days following mortgage insurance and qualification changes. Implemented by the federal government, these changes have made it increasingly difficult for many Canadians to buy a home, particularly first-time homebuyers. One such option is a vendor take-back mortgage (VTB). With this solution, the seller extends a loan directly to the buyer. A VTB …

A clock, a miniature house, and piles of coins increasing in size; highlighting the options available for mortgage renewal

Renewing Your Mortgage? It’s Important to Weigh Your Options

Matthew Jackson Mortgage Renewals

Every time you’re in the market for a new mortgage, it’s beneficial to spend as much time considering your options as you did for your very first mortgage. This will ensure you save the most money possible throughout your mortgage term. A number of different factors such as the rate, term, amortization period, and prepayment will determine which mortgage is …

Man in suit handing over keys to home owner illustrating buying a home through a private mortgage broker

When Does a Private Mortgage Make Sense?

Matthew Jackson Alternative Mortgages

Stress test mortgage qualification requirements that were introduced last year have resulted in many more Canadians becoming familiar with private mortgage options out of necessity. Prior to this change, many borrowers viewed the world of private lending as somewhat of a mystery. Private mortgages have been around for years, but they were often reserved for people who had credit or …

The City of Kelowna view from West Kelowna with the bridge over the lake, highlighting where Mortgage Okanagan is located

Kelowna Real Estate and Mortgage Market Update

Matthew Jackson Mortgage Tips

This will be more of an opinion piece on the Real Estate Market in Kelowna and surrounding area along with where current mortgage rules are at. To start, I am currently looking for another home to buy and have been for quite a while. Looking for so long and obviously being in the industry, this year is the first time …