Original Article Source Credits: fool, https://www.fool.ca/

Article Written By Haris Anwar 

Original Article Posted on : May 13, 2020

Link to Original Article: https://www.fool.ca/2020/05/13/will-covid-19-trigger-a-housing-market-crash-in-canada/

Original Article Source Credits: the globe and mail, https://www.theglobeandmail.com/

Article Written By RACHELLE YOUNGLAI

Original Article Posted on : MAY 14, 2020

Link to Original Article: https://www.theglobeandmail.com/business/article-big-banks-are-tightening-lending-standards-for-real-estate-investors/

The Capri Mortgage Corporation team wishes you the happiest of holidays this season. May the New Year be filled with joy, health, and prosperity!

We would like to inform our clients that we will be closed from December 21, 2019, to January 3, 2020, but we will return calls on a need-be basis.

If you need any assistance from us during the holiday season, feel free to get in touch with us by clicking here. 

When buying a house, choosing a property is only one part of the process. The other part involves finding a mortgage to purchase your dream home. If it’s your first time applying for a private mortgage, you may have a ton of questions about this mortgage product and how it works. To ensure you have the fundamental details you need to make smart and educated choices, Capri Mortgage Corporation has answered some of the most frequently asked questions about private mortgages.

Winner in the 2019 West Kootenay Best of Business Awards as chosen by our readers.

While mortgages are the most popular financing tool when buying a house, they also happen to be the most complicated if you don’t know how they work. Mortgages come with various rules, exceptions, and requirements which can easily confuse new borrowers.

For most people, the dream of homeownership becomes a reality with the help of a mortgage. As one of the most used financial tools, mortgage products have a range of terms and rates that are variable or fixed. However, with multiple products to sieve through and lenders to deal with, clients can get overwhelmed and end up making errors that they live to regret.

Equity loans are beneficial as their interest rates can be significantly lower than other kinds of loans. It makes them an ideal source of credit when you are in need of money. However, ensuring you obtain this finance when you need it most means you should understand the details behind it. Unfortunately, when it comes to mortgage services, there are a ton of questions clients have but often find answers difficult to come by.

We are delighted to announce the launch of our new website!

New Website Coming Soon!