Dave Destefano | Professional Mortgage Broker

Dave Destefano || February 11, 2022

Using The Home Buyers' Plan for Your Down Payment

Saving a down payment is a problem for many new home buyers. High home prices and strict mortgage rules require up to a 20% down payment for houses with a sale price of over $1 million. At the same...

Dave Destefano || February 04, 2022

What is Amortization and Why it Matters

Amortization is a word you'll hear a lot when applying for a mortgage. What is it exactly, and why is it important? Understanding the concept of amortization helps you know how much your mortgage...

Dave Destefano || January 27, 2022

The Bank of Canada Left Rates Unchanged. Now What?

The Bank of Canada may have raised its inflation forecasts, but it didn’t raise interest rates this week as many had expected. At its first rate policy meeting of the year,...

Dave Destefano || January 26, 2022

Prepare Now for Mortgage Rate Increases

You've read the news reports and heard the analyst reports. They say that interest rates are about to begin rising. In January, the governor of the Bank of Canada stated as much. And the United States...