A Rate Hold Isn’t a Guarantee—And That Could Cost You the Home
Published on: 20/05/2025
Is Your Mortgage Pre-Approval Actually Useless? Here’s Why It Might Be
Broker Blogs
Is Your Mortgage Pre-Approval Actually Useless? Here’s Why It Might Be
The fixed vs. variable debate is heating up again in 2025—and for good reason. Borrowers across Canada are asking: should I lock in a fixed rate for stability, or ride the wave with a variable rate that could drop even further?
Explore the strategies and insights behind the wealth accumulation of the affluent, uncovering the secrets of how the rich continually grow their fortunes.
Getting pre-approved is a crucial first step when buying a home. It tells you how much you can spend on a home between your down payment and the approved loan amount. Sometimes, though, the pre-approval amount is lower than what you expect, throwing a wrench in your plans.