2023-05-26 20:39
Brampton, ON real estate market outlook 2023
We sat down with our realtor partner Sasha Vella to give us an outlook on the Brampton real estate market for 2023.
If you’re looking… Read More
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2023-05-26 20:37
What happens to my mortgage if my lender goes bankrupt?
The ongoing banking crisis in the United States has had many in Canada recently worrying about what would happen if something similar… Read More
2023-05-26 20:07
The pros and cons of using a realtor
It used to be thought that the internet would spell the end of the realtor, with homeowners listing their homes online and buyers browsing listings from… Read More
2023-05-19 19:50
Centre Wellington, Ontario real estate market outlook 2023
We sat down with our Brokerage partner, Rob Voisin, Director of Operations at the Mochrie & Voisin Real Estate Group Brokerage… Read More
2023-05-19 19:47
Burlington, Ontario real estate market outlook 2023
We sat down with our realtor partner Matthew Prior to give us an outlook on the Burlington / Oakville real estate market for 2023.
H… Read More
2023-05-19 19:39
Oakville, Ontario real estate market outlook 2023
We sat down with our realtor partner Matthew Prior to give us an outlook on the Oakville real estate market for 2023.
How has the Oakv… Read More
2023-05-12 21:14
Hamilton, Ontario real estate market outlook 2023
We sat down with our realtor partner Steve Roblin to give us an outlook on the Hamilton real estate market for 2023.
You can find Stev… Read More
2023-05-12 21:13
Windsor, Ontario real estate market outlook 2023
We sat down with our realtor partner Sarah Renaud to give us an outlook on the Hamilton real estate market for 2023 and answer the burning qu… Read More
2023-05-05 20:44
The length of your mortgage amortization is directly related to the size of the payments you’ll be making each month. A longer amortization period will lead to lower monthly payments… Read More
2023-05-05 20:35
If you’re just entering the world of personal finance and investing, the amount of options you’re presented with can be daunting. TFSAs, RRSPs, savings rates, GICs and countless… Read More
2023-05-05 20:21
Earlier this year, headlines of homes being sold from unsuspecting owners on vacation put a highlight on the dangers of fraud in the increasingly expensive real estate market in Canada.
Our… Read More
2023-05-01 14:22
2023-04-28 21:24
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!)
You will receive an email after you submit this form to finalize your newsletter subscr… Read More
2023-04-27 22:19
When deciding what type of mortgage to get, the main question asked is usually: fixed or variable? What many people forget is that a variable rate mortgage can really be broken down into two… Read More
2023-04-27 21:57
What’s the difference between an insured and an uninsured mortgage?
If you plan on buying a home in the near future, you’ll want to understand the difference between an insured a… Read More
2023-04-21 21:42
5 ways to save for your first home
With rate hikes paused for the time being, and a potential policy reversal from the Bank of Canada on the way next year, it’s seeming like the housin… Read More
2023-04-21 21:35
Statistics Canada released their March 2023 consumer price index (CPI) numbers this week, revealing that inflation has slowed to 4.30% from 5.20% in February and 5.90% in January.With rates… Read More
2023-04-21 19:24
How do taxes work with leveraged investing?
In previous articles, we’ve discussed the ins and outs of leveraged investing, including what it is, how you can smartly use leverage to gro… Read More
2023-04-14 21:56
How to manage debt
The ability to properly manage debt is an essential part of personal finance and one that you should have a good handle on regardless of your financial planning. Improperl… Read More
2023-04-14 21:32
Here’s everything you should know about the new FHSA
Huge news for potential homeowners this month as the government has just launched a brand new type of savings account, the FHSA or… Read More
2023-04-11 21:50
The Bank of Canada will be making their next policy interest rate announcement on April 12, 2023. The current overnight rate sits at 4.50%.
Our analysts are predicting that the Bank of Canad… Read More
2023-04-06 22:09
What’s the best mortgage term?
Deciding the length of your mortgage term is one of the most important decisions you’ll make when it comes to getting your mortgage. Your mortgage… Read More
2023-03-31 20:34
How investors are using leverage to grow their portfolio
It’s no secret that the Canadian real estate market has built wealth for many investors in recent times. However with mortgage… Read More
2023-03-31 20:24
How to use your home to diversify your portfolio
If you’re like many homeowners in Canada, your home has become your largest asset. This means you’re left with a portfolio weight… Read More
2023-03-31 20:03
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!)
You will receive an email after you submit this form to finalize your newsletter subscr… Read More
2023-03-24 21:19
What is mortgage investing?
It’s likely that you’re already familiar with the concept of mortgages if you’re on our site. Mortgages help homeowners afford homes and l… Read More
2023-03-24 21:14
Is mortgage life insurance worth it?
If you’ve been shopping around for a mortgage, you may have heard of mortgage life insurance as a way to protect your family and your home if the u… Read More
2023-03-17 21:26
A guide to understanding leverage
Most Canadian homeowners have used leverage to reach their financial goals quicker, however many don’t even know it. Mortgages are one of the most com… Read More
2023-03-17 20:55
When it comes to saving for retirement, if you’re like most Canadians, you’re probably not thinking about your mortgage as bringing you closer to your financial goals. In reality… Read More
2023-03-16 20:21
The Key Differences Between Mortgage Insurance vs Life Insurance
Your mortgage is one of the biggest financial commitments you’ll likely make; that’s why it’s important to… Read More
2023-03-10 21:45
Canada has long been a great market for real estate investors, and renting out a second property or even house hacking by renting out your basement has become common for those looking to sta… Read More
2023-03-08 05:29
The last eight Bank of Canada interest rate announcements have brought higher rates, along with pain for plenty of borrowers. With the next interest rate announcement scheduled for Wednesday… Read More
2023-03-06 15:32
Your home is probably the biggest investment you will make in your lifetime. It’s important to understand what mortgage insurance is, how it works and how it can impact your purchasing… Read More
2023-03-03 19:40
Perch CEO and Principal Broker Alex Leduc recently sat down for a chat with Hart Togman, the CEO of Rent Panda, for a discussion on reducing costs in rental properties.With interest rates ri… Read More
2023-03-03 18:52
How bond yields influence mortgage rates
When discussing the mortgage market, you’ll often hear interest rates brought up alongside bond yields, especially in relation to fixed mortgag… Read More
2023-03-01 19:45
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!)
You will receive an email after you submit this form to finalize your newsletter subscr… Read More
2023-02-24 23:25
In the “old days,” aka the pre-pandemic era before we got used to hopping on Zoom, Teams and Google Meet, you would need to physically go in-person to your real estate lawyer&rsq&hell…Read More
2023-02-24 23:13
Buying your first home is an exciting time, but it can also be a daunting process, especially if you’ve never gone through the process before. As a first-time home buyer in Canada, the… Read More
2023-02-24 22:23
Rising interest rates have put a strain on the Canadian housing market over the past year, and if you’ve got monthly mortgage payments to make there’s no doubt you’ve been… Read More
2023-02-17 22:20
Halifax, NS real estate market outlook 2023
We sat down with our realtor partner Nick Ogden to give us an outlook on the Halifax real estate market for 2023. Nick is an expert on the Halifax… Read More
2023-02-17 22:17
If you’re lucky enough to own a home in a market like Toronto where housing prices have skyrocketed over the past decade, you might be looking to move and cash in on the appreciation… Read More
2023-02-17 22:16
Buying your first home is an exciting, and possibly nerve wracking experience. One of the biggest financial decisions you’ll make in the process is getting your mortgage, and you could… Read More
2023-02-10 22:32
What is a Purchase Plus Improvements Mortgage?
Finding your dream home is no small task, especially when homes are selling fast. Invariably some homeowners will end up settling for a propert… Read More
2023-02-10 22:13
We sat down with our friends at Konfidis to discuss what you need to know about population and the housing market.
Canada’s population grew more in 2022 than in any other year since Co… Read More
2023-02-09 22:02
You may have heard about the recent stories of Toronto homeowners having their houses mortgaged or sold off without them knowing about it. Homeowners are worried and rightfully so, it seems… Read More
2023-02-03 22:19
There’s a hack for everything these days
Buying a home in Canada is a massive investment, and for most people it’s the biggest purchase they’ll make in their lives. Whether… Read More
2023-02-03 00:23
“Am I supposed to change the furnace filters?”
“Why can’t I leave my garbage at the curb a few days before pickup?”
“Where am I supposed to put all the le… Read More
2023-02-02 01:39
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!)
You will receive an email after you submit this form to finalize your newsletter subscr… Read More
2023-01-27 22:37
Here’s a checklist to see if you’re ready for homeownership
Buying a home is a huge financial decision no matter your circumstances, so it’s worth it to be as prepared as p… Read More
2023-01-27 22:36
Canada’s foreign buyer ban explained
You may have heard it in the news, but now it’s official. As of January 1st 2023, the foreign buyer ban is in place in Canada. The foreign bu… Read More
2023-01-26 21:38
Wait a minute… variable rates are now higher than fixed rates?
The Bank of Canada recently announced their first, and possibly the last, rate hike of 2023 on January 25th, bringing th… Read More
2023-01-24 22:10
The Bank of Canada will make its first interest rate announcement of 2023 on Wednesday, January 25th at 10:00 AM Eastern Time. Canada’s leading economists are widely predicting the Ban… Read More
2023-01-20 22:08
Getting your letter of employment for a mortgage
One of the most tedious parts of the home buying process can be providing documentation to your mortgage lender in order to get approved for… Read More
2023-01-20 22:00
Mortgage Lenders: Banks
As a mortgage brokerage, we work with many financial firms that lend money, which of course includes banks!
You may already know the difference between a bank… Read More
2023-01-20 21:48
Mortgage Lenders: Monoline lenders
If you’ve read about the differences between a bank and a mortgage broker, you’ll know that there can be advantages to getting a mortgage from… Read More
2023-01-13 22:19
Here’s how Toronto’s new vacant home tax works
Toronto has just introduced its new vacant home tax in 2023 and if you’re a homeowner you probably want to brush up on what t… Read More
2023-01-13 22:05
Here are all the ways you can save money by making your home eco-friendly
The Canadian government has a number of programs in place to encourage homeowners to “green”-ify their h… Read More
2023-01-12 22:11
With interest rising in 2022 to combat inflation and the Bank of Canada hinting at more potential rate hikes in 2023, you might not be looking forward to your renewal date if it’s comi… Read More
2023-01-06 21:53
Wouldn’t it be nice if every house came with its own instruction manual? Whether you’re living in a century home or new condo, every property has its little quirks.
Luckily for y… Read More
2023-01-06 21:42
As a licensed mortgage broker and seasoned veteran of over 8 years in the industry, our very own Robert Malcolm has seen his fair share of mistakes by eager home owners that bit off more tha… Read More
2023-01-03 23:14
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!)
You will receive an email after you submit this form to finalize your newsletter subscr… Read More
2022-12-23 23:39
Everything you need to know about an Agreement of Purchase and Sale in Ontario
When buying a home, there are many types of documents to be reviewed and signed as part of the purchase process… Read More
2022-12-23 23:22
The best time to invest in Canadian real estate was a decade ago, the second best time is now.
For aspiring homeowners in Canada’s major cities, expensive home prices combined with wor… Read More
2022-12-21 23:25
What is a trigger rate, do I have a trigger rate, and how do I calculate my trigger rate?
With interest rates rising in Canada throughout 2022, “mortgage trigger rate” is a term… Read More
2022-12-21 14:00
Keep reading to find out how they’re different but equally important, and why you should consider both.
Home insurance is what you would get to protect your home and its contents… Read More
2022-12-16 23:27
Detached homes, condominiums, town-homes, semi-detached, multi-family units; there are so many different types of properties in Canada, as a home-buyer it can be overwhelming trying to make… Read More
2022-12-16 01:15
Whether you’re buying a home for the first time, or selling your property to move, dealing with a realtor to close the deal is almost a given. But how can you be sure you’ve chos… Read More
2022-12-14 22:58
So you’ve decided to get your mortgage with a broker, maybe after reading about the savings you could get by shopping from multiple lenders and choosing from the best mortgage offers… Read More
2022-12-09 21:24
Buying your first property is a major financial milestone, and one you should feel incredibly proud of. Many Canadians strive to be able to call a property their very own. Especially in 2022… Read More
2022-12-08 21:05
Are you planning a move soon? Has the recession unfortunately made downsizing the right choice? Many Canadians are planning to sell their home in 2023 and move into a new one, and while Perc… Read More
2022-12-07 21:43
So you’ve decided to go with a mortgage brokerage and all the advantages it has over a bank. Maybe you just read our article (link when the article is live) going into the differences… Read More
2022-12-05 15:58
Get premium protection for your car and home at standard prices. Plus, manage your policy online anytime.
We sat down with our friends at Onlia Insurance to discuss what you need to kn… Read More
2022-12-02 21:41
Are we finally near the end of the interest rate hikes?
The Bank of Canada is set to make their last interest rate announcement of the year on Wednesday, December 7th at 10:00 AM Eastern Ti… Read More
2022-12-02 20:34
So, if we aren’t already in a recession, economists admit that we’ll definitely see one in 2023. That means layoffs, asset depreciation, and tighter household budgets for Canadia… Read More
2022-12-01 20:17
Read November 2022 Canada interest rate forecast
Fixed rates close the gap with variable with rate increases soon to slow
For the month of December, we anticipate Fixed rates to continue to… Read More
2022-11-29 21:34
What type of documents do I need for proof of income when getting a mortgage?
If you’re looking to get a mortgage, inevitably you will need to provide proof of your income. This is eas… Read More
2022-11-29 13:20
TORONTO, Nov. 29, 2022 – Ontario residents seeking a mortgage and home insurance will now save time and money through a new partnership between Perch and Onlia Insurance. Perch custome… Read More
2022-11-25 19:09
If you don’t know the difference between getting a mortgage with the bank or getting a mortgage with a mortgage broker, then this article is for you. In short, banks act as lenders, di… Read More
2022-11-24 19:24
With rising interest rates and a looming recession, real estate investors are facing tough times ahead. As a part of their mission to support rental property owners, Rent Panda is hosting a… Read More
2022-11-23 21:55
If you’re a beginner shopping for a mortgage, you’ve probably heard that you can go with a bank or with a mortgage broker, but what’s the difference? In this article we&rs&helli…Read More
2022-11-18 19:45
So let’s say you’ve got a friend that needs a mortgage. You like being helpful, and you’re also in the know since you recognize how painful it can be to get a mortgage the… Read More
2022-11-16 23:21
Most of us don’t deal with bank drafts on a regular basis. So if you’re not familiar with what they are or how it works, we’re here to get you sorted. Protip: If you need t… Read More
2022-11-16 23:13
So your mortgage term is about to end and it’s time to renew for another term. How do you do that exactly?
In this article we are going to go over the basics of mortgage renewals and… Read More
2022-11-10 20:38
First of all, what is mortgage default insurance?
Mortgage default insurance (also known as mortgage loan insurance, or simply mortgage insurance) was put in place to help Canadian home buye… Read More
2022-11-09 23:15
So, lucky homeowner, you’ve got one property and are still paying off the mortgage. But while the market’s down a second property is looking more and more appealing. You’ve… Read More
2022-11-08 21:27
With mortgage rates on the rise it’s less common to refinance your mortgage. However if you have specific goals in mind, you may be considering it to do something like paying off your… Read More
2022-11-04 18:47
So interest rates are on the rise, and the burning question for everyone with a variable rate mortgage and potential home buyers is: how high will they go? While we can do our best to foreca… Read More
2022-11-03 18:08
Read October 2022 Canada interest rate forecast
Variable mortgage rates continue their rise
For the month of November, we believe variable rates will increase slightly as the Bank of Canada… Read More
2022-10-31 15:00
Webinar: How to digitize your mortgage business
It’s 2022, and by now “digitization” has become a mission accepted by most financial businesses, at least the ones that plan… Read More
2022-10-28 19:36
How do I pay my down payment?
Real estate transactions involve a lot of money. (Duh.) Unless you’re starring in the latest Hollywood flick, you’re not going to need a suitcase f… Read More
2022-10-27 20:11
How to increase your pre-approval chances
If you plan on buying a home, you’ll probably want to get pre-approved by your mortgage lender before you start placing offers to make sure yo… Read More
2022-10-24 21:04
Before we begin, we want to clarify that this article presents a very brief overview of real estate taxes and your specific circumstance may differ. Please get help from a licensed accounta… Read More
2022-10-24 20:59
The Bank of Canada is expected to announce another rate hike on Wednesday, October 26th, 2022 at 10:00 AM Eastern Time. This would be the sixth rate increase this year, from 0.25% to 3.25% s… Read More
2022-10-24 20:59
The Bank of Canada announced another rate hike of 50-basis points on Wednesday, October 26th, 2022 at 10:00 AM Eastern Time. Economists had initially predicted this would be a 75-basis point… Read More
2022-10-20 17:45
What to expect when going with an alternative lender
If you’re a beginner to the mortgage world, you may be surprised to learn that not all lenders offer the same services.
Alternative… Read More
2022-10-19 15:19
As the saying goes, “Nothing can be said to be certain, except death and taxes.”
When it comes to buying a new home, you might be wondering when you’ll get hit with the pro… Read More
2022-10-18 13:00
Today, I’m pleased to announce the completion of a $4 million Series A funding round for Perch. This marks a special milestone in our company’s growth trajectory. It reaffirms ou… Read More
2022-10-18 11:20
Perch, a Toronto-based mortgage fintech, has raised $4 million in Series A funding from investors including Second Century Ventures, the strategic venture arm of the National Association of… Read More
2022-10-14 18:20
So you’ve decided to purchase a home and it’s time to start thinking about the finances. Chances are you’ve probably heard of getting a mortgage “pre-approval”… Read More
2022-10-13 21:25
How do investment taxes work in Canada?
If you’ve ever bought investments like stocks, bonds, or a property that isn’t your principal residence, you’ll want to understand w… Read More
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