Jamie States - Associate Mortgage Broker

07/28/2024

07/24/2024

BREAKING NEWS - The Bank of Canada has reduced their policy rate by 25 BPS. The BoC held its target for the overnight rate at 4.50%, with the Bank Rate at 4.75% and the deposit rate at 4.50%.

The global economy is projected to grow at about 3% annually through 2026. In Canada, economic growth likely rose to 1.5% in the first half of this year, with strong residential investment expected. However, new government limits on non-permanent residents could slow population growth in 2025.

07/16/2024

Want to complete essential home renovations but think you can’t afford them? At 8Twelve Mortgage, we offer mortgage financing solutions to meet the individual needs of each family and provide them with the best service and customized financial solutions.

What’s a Reno and Roll?
It’s just as it sounds: “renovate” your home and “roll” the cost into your mortgage. No credit card payments and no pulling from your personal line of credit.

I want to know my equity

Benefits for a Home Renovation
1. Increase the value of the home
⁃ A home reno can make your home attractive, comfortable and can also increase the value of your home
2. Improve the home’s energy efficiency
⁃ It may not seem like the most exciting of renovations, but replacing a roof, insulation or appliances may help your house run more efficiently, which in the long run, could save you some money.
3. Adapt the home based on needs or growth of family
⁃ A couple great reasons to expand one’s home is when the family is growing or their needs for living in that space have changed. Whether it’s a new kitchen or a basement finishing, renovating your home can be a strategic way to stay in your home longer.

I’m ready to talk

Let me help you fund your home renovation and enjoy the simplicity of making one easy monthly payment towards your mortgage.