Wednesday, July 15, 2026 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
Navigating your way to owning a home in Canada comes with its share of challenges, especially with so many mortgage options out there. Choosing the right mortgage is key to landing a deal that fits your financial plans perfectly. Trinity Real Estate Consultants is here to help, offering mortgage tips for Canadian homebuyers to make sense of it all and make that pivotal decision with confidence.
Understand Your Mortgage Options
Fixed vs. Variable Rates
Fixed-Rate Mortgages offer the certainty of having the same interest rate and monthly payment throughout your mortgage term. This makes budgeting simpler but means you might pay more if interest rates drop.
Variable-Rate Mortgages adjust with the market’s interest rates. This can mean lower rates and payments when the market is favorable, but there’s the risk of inc. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, trinity real estate consultants, team, best school districts, best real estate deals, best neighbourhoods, top school districts, mortgage preapproval, mortgage stress test, getting a mortgage after a divorce, can you sell a house with a mortgage, how to get a second mortgage, non-resident mortgage, qualify for a second mortgage, requesting a mortgage, canadian mortgage and housing corporation (cmhc), get pre-approved for a mortgage
Wednesday, January 1, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
The end of a marriage is usually challenging emotionally and financially no matter the circumstances regarding how the marriage is ending. However, dividing property, assets, and figuring out what to do with the family home after divorce can be even more challenging.
This article is meant to help you understand what your rights are with regards to real estate after divorce in Ontario, understand what your property ownership rights are and how your property ownership rights are related to the division of property after divorce in Ontario.
If you have any specific legal questions related to your specific situation, you need to consult a divorce attorney and maybe even a real estate attorney who handles divorce sales as needed. This article is only meant to be a primer on your property rights when you are getting divorced in Ontario.
For . ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, team, trinity real estate consultants, buying a foreclosed home, sell or buy first, best school districts, best neighbourhoods, top school districts, top five cities, getting a mortgage after a divorce, how to sell a house by owner, selling matrimonial property, average home selling price, selling your home and real estate after divorce, can you sell a house with a mortgage, legal mistakes, matrimonial home rights
Wednesday, August 21, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Buying a home or property is an exciting process no matter whether you are buying your first home or your third home. However, getting a mortgage even if you have an amazing credit history and score, have saved up sufficient funds for a down payment, closing costs, and more, getting a mortgage is still a process that will take time, paperwork and bureaucracy.
In other words, it’s time to prepare yourself for the fact that you can apply to be pre-approved or prequalified for a mortgage or for a mortgage but it is not something that is immediate. If you were thinking that you have all of the paperwork ready, all of the funds saved up, excellent credit, etc. that you could get approved instantaneously if only financial processes were so efficient and painless.
How long it will take for your mortgage application to process depends on y. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, best school districts, best neighbourhoods, top school districts, mortgage preapproval, mortgage stress test, mortgae rates, getting a mortgage after a divorce, can you sell a house with a mortgage, how to get a second mortgage, qualify for a second mortgage, requesting a mortgage, non-resident mortgage, tips to make your down payment easier and faster
Thursday, January 25, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
The Bank of Canada leaves benchmark rate at 5%
As expected, the Bank of Canada has left its key lending rate unchanged at 5%.
This follows 10 previous rate increases over 12 rate announcements, which raised the overnight target rate by 475 basis points (bps) since March 2022.
In its statement, the Bank said it is “still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation.”
However, the Bank added that with expected GDP growth of just 0.8% in 2024, it expects inflation to continue to ease from around 3% in the first half of 2024 to its 2% target in 2025.
What happens now?
As a result of today’s decision, prime rate will remain unchanged at 7.2% and there will be no changes to existing variable-rate mortgages. This announcement also has no impact on fixed-rate mortg! ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, how much do realtors charge to sell a house, sell or buy first, trinity real estate consultants, home buying checklist, home buying process, home buying programs, cost of selling a house calculator, mortgage preapproval, mortgage stress test, bank of canada, can you sell a house with a mortgage, getting a mortgage after a divorce, requesting a mortgage
Monday, February 6, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
"...you could run the risk of owning two homes...if you sell first, you could end up homeless"
We've all heard the old saying about being caught between a rock and a hard place. Well unfortunately, that's where most homeowners find themselves when they decide to move from one home to another. You see, if you buy before selling, you could run the risk of owning two homes. Or, just as bad, if you sell first, you could end up homeless. That's what is known as the Real Estate Catch 22, and for thousands of homeowners, it's an extremely stressful position they find themselves in.
The Solution: How to Avoid The Real Estate Catch 22
This financial and emotional tightrope is one many homeowners feel they have to walk alone. However, you should seek out agents offering specialized programs that can eliminate the stress and worry associated with selling and buying another home.
The . ...
Read More
real estate, tamburello, team, how to sell a house fast, selling a house, steps to selling a house, moving, cost of selling a house calculator, how much do realtors charge to sell a house, sell or buy first, closing costs when selling a house, cost of selling a house, prepare my home, home worth, how long does it take to sell a house, staging a house to sell, marketing my home, price my home, market analysis, selling, for sale, houses for sale, move-up, risk of owning two homes, can you sell a house with a mortgage, gaurantee
