Cara Holden-Mortgage Broker at HQ Mortgages

04/21/2025

03/12/2025

Another drop in the benchmark rate was announced this morning; this time a quarter percent.

This can bring instant relief to variable and adjustable rate mortgage holders while also making it easier to qualify for a new mortgage for those thinking of buying.

This is the best time to call, review your situation with me and uncover options for you to take advantage of the reduced rate.

Call or Text: 613-803-9779
Email: [email protected]

02/02/2025

The results are in and our beloved Wiarton W***y has predicted an early spring! 🏵🌺🪺

This deep-rooted Canadian Groundhog was likely also emerging for an early election but unfortunately, his vote doesn't count at the polls. 🗳 ✔️

Much to celebrate as both will come in a short time which also means the Spring home-buying market is heating up. 🔥🏠

A pre-qualification will set you ahead of the rest and have you ready to put in an offer the moment your dream home hits the market.

Call/Text Me at 613-803-9779
Email Me [email protected] 📧

01/29/2025

BREAKING NEWS!

The Bank of Canada has lowered its benchmark interest rate by 25 bps to 3.00%. This is the Bank’s sixth consecutive rate cut. ✨️

This is some very exciting news for new home buyers and a relief to those with variable-rate mortgages. If you’re ready to secure that loan on your dream home, this is the ideal time to connect, review your financial situation and do what we can to make it happen!

Call or text me at 613-803-9779
Or
Email me [email protected]

The next Bank of Canada announcement is scheduled for March 12, 2025.

12/25/2024

The Holiday Season is the perfect time to extend heartfelt gratitude to my clients and colleagues, your business and partnerships are a blessing throughout the year, thank you!
Merry Christmas and Happy Holidays!

12/13/2024

The Bank of Canada announced another drop in the benchmark rate yesterday; another half a point, dropping to 3.25%🎊
This is great news and everyone is eager to know how it will affect their pocketbook and if they'll see instant savings 🤔

For clients with an adjustable-rate mortgage or home equity line of credit, the interest rate reduction means you are now paying less interest and more to your principal.

For Fixed-rate mortgage shoppers, you'll have to be a little patient as banks don't always adjust rates immediately with the benchmark reduction and it could be some time before those rates fall in line.

I'm always excited to share the news of mortgage changes and welcome further questions with a call or text to 613-803-9779.

04/23/2024

Get creative with down payment options to support your dream of Home Ownership in 2024.

✅️ Yes...you may borrow your down payment from a line of credit or get a loan.
✅️ Yes, you may be approved for a non-repayable grant of up to $23,500 from the Leeds Grenville Home Ownership Program.

Combine the Grant with Savings and a Gift 🎁

Options are endless...reach out via phone or text at 613-803-9779 to discover your Down Payment combination.
Or email me [email protected]

04/16/2024

As of April 16th New Home Buyers can now withdraw up to $60,000 from their RRSP to put as a down payment on a new home. Tax-free, as long as it's paid back within 15 years. The time before you have to start repayment has also increased from 2 years to 5 years!
Contact me for details or other down payment options.

04/15/2024

Thinking of Buying a home? Have questions about the current market, your ability to qualify for a mortgage or ways to source a down payment? Join us Thursday night at St. Mary's School to get all this information and more! A host of experts are ready to set you up for success and empower you to HomeOwnership.
Limited spots are available, contact Orlando Spicer to register at [email protected] or 613-803-0945 or send me a message. See you there!

04/03/2024

Did you know you can take money out of your RRSP tax free to Purchase a Home?

The Home Buyers' Plan (HBP) is a way to use up to $35,000 from your retirement savings (RRSPs) to buy or build a home for yourself or a disabled person. You have to pay this money back to your RRSP over 15 years. You can take money from different RRSPs if they're all in your name, and you won't be taxed if you take out $35,000 or less. Some RRSPs like locked-in or group ones might not let you take money out.

To use the HBP, you must be a first-time home buyer or buying for a disabled person. You need a written purchase agreement to buy or build a home and you must live in Canada when you take
out the money and until you get the home. You should plan to live in the new home within a year of buying or building it. If you're getting it for a disabled person, they should plan to live
there too.

For more information on the HBP or creative options for Homeownership, call/text me at 613-803-9779 or Email: [email protected]

03/13/2024

Think of Mortgage Agents as the VIP pass to the loan party. We often have access to exclusive loan deals that you might not find on your own.

Mortgage Agents have relationships with various lenders – like banks, credit unions, private lenders, online lenders, non-bank lenders, and government agencies. Because of these relationships, we can often score special deals and discounts that aren't widely available to the public.

Spring is the best time to party! Lenders are gearing up to offer the best deals for Spring Market shoppers.
Let's get you ready with a Pre-Qualification!

Call or Text 613-803-9779
Email: [email protected]

02/27/2024

We all want the same thing – to get you in your dream home! To get there, we need to understand your financial story, hopes, and dreams.

So, you sit down with your Mortgage Agent, metaphorical cup of coffee in hand, and spill the beans about your income, debts, and how much you've got stashed away. Then, armed with this info, a Mortgage Agent examines your possibilities. We analyze everything, from your credit score to your monthly debt payments.

This detective work helps us figure out how much of a
home loan you can comfortably handle. Once we’ve conducted our thorough analysis, we pair you with a loan that fits like Cinderella’s glass slipper!

Call or Text: 613-803-9779
Email: [email protected]