Mortgage rates have drawn national attention over the past year as COVID-19 caused a serious drop across North America. Buyers who got into the market at this time were paying as low as 1% with the sharp decline. This lower rate was partly implemented in order to increase lending and keep the economy afloat during…
As the Kelowna housing market grows steadily more competitive, buyers are keen to find ways to increase the odds of their offer being accepted. One way to do so is to make a subject-free offer, or a bid that has no conditions once it is accepted by the seller. While this may seem like an…
Are you wondering what this hot real estate market means for you and your mortgage? You’re not alone! Keep reading our blog to learn more about theOkanagan market and what this could mean for you as a current or future property owner. Despite expectations that it would be slowing through the pandemic, the housing market…
Lennie Rampone, Aaron Marsh and the whole team at Rampone-Marsh Mortgages are thrilled to partner with the Canadian Mental Health Association in Kelowna for the Mental Health Matters Campaign! Fast Facts: The ‘Mental Health Matters’ Campaign Who: Rampone-Marsh Mortgages has teamed up with the CMHA Kelowna for a new initiative to support mental health and…
Deferring your Kelowna mortgage payment in times of uncertainty can be a huge relief to families that need cash flow for necessities, such as food. However, it’s important to remember that deferring one mortgage payment… or five, doesn’t mean that those payments are “waived.” In fact, those payments are added to the principal balance of…
Deferring your Kelowna mortgage payments during the Coronavirus Pandemic and why it’s not for everyone.
“You weren’t born just to pay your bills.” You’ve probably heard this saying before, and found yourself relating to it in some way. It’s easy to get stuck in the paycheck-to-paycheck lifestyle habit and just cover the bare minimum on your bills for months or even years at a time. When was the last time…
Canada Day is almost here. Our favourite holiday of the calendar year is celebrated this weekend – Saturday July 1st. From one side of the Central Okanagan to the other there will be a ton of Canada Day festivities to participate in. Enjoy the holiday, grab the kids, and go make memories as a family…
Ready to pay off your mortgage? After signing a mountain of paperwork and becoming a proud homeowner, you might be eager to pay off the mortgage early. Owning a home free and clear is terrific, but it may not always be the best use of your money. In this article we’ll cover who should pay…
Before you continue reading you need to know you must have, at least, some savings to buy a home. Our specialty is working with clients that have not had the chance to save up what is needed and we customize a plan to get you into owning a home as soon as possible. Firstly, let’s…
Playoff hockey is here and the team at Rampone-Marsh Mortgages couldn’t be more excited! As you may know, we LOVE hockey. Well, MOST of us love hockey. Except for Priscila. Oh Priscila… let’s just say that she is from Puerto Rico and couldn’t care less about hockey. Shame on her! Anyway, the best time of the year is…
