Mortgage Blog By Broker Mike Cara

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Bad Credit Mortgage Options in Peterborough, ON

Bad Credit Mortgage Options in Peterborough, ON

December 11, 2025 | Posted by: Mike Cara

Bad Credit Mortgage Solutions in Peterborough: What You Need to Know In today’s economic climate, more homeowners and homebuyers in Peterborough, Ontario, are facing challenges related to credi ...

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Mortgage Refinancing in Peterborough - How to Save Thousands

Mortgage Refinancing in Peterborough - How to Save Thousands

December 11, 2025 | Posted by: Mike Cara

Is Now the Right Time to Refinance Your Mortgage? Expert Guidance for Homeowners As interest rates, household budgets, and market conditions continue to shift across Ontario, many homeowners in Peter ...

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Private Mortgage Solutions for Peterborough Homeowners & Homebuyers

Private Mortgage Solutions for Peterborough Homeowners & Homebuyers

December 11, 2025 | Posted by: Mike Cara

Private Mortgage Options in Peterborough: What Homeowners & Buyers Need to Know As interest rates fluctuate and lending guidelines tighten, more Peterborough homeowners and homebuyers are turning ...

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First-Time Homebuyer Mortgage in Peterborough

First-Time Homebuyer Mortgage in Peterborough

December 11, 2025 | Posted by: Mike Cara

Your Guide to a Smart, Affordable First-Time Homebuyer Mortgage Buying your first home is one of the biggest financial decisions you will ever make—and in today’s market, it pays to hav ...

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Bank of Canada maintains policy rate, continues quantitative tightening

Bank of Canada maintains policy rate, continues quantitative tightening

September 6, 2023 | Posted by: Mike Cara

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Infl ...

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Top Reasons To Refinance Your Home And Reasons Why You Maybe Should Not.

Top Reasons To Refinance Your Home And Reasons Why You Maybe Should Not.

August 23, 2023 | Posted by: Mike Cara

Refinancing a mortgage means replacing your existing loan with a new one, either with your current lender or a different one. Canadians often consider refinancing for various reasons, such as ...

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Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips

Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips

August 9, 2023 | Posted by: Mike Cara

Home Valuation and Appraisals: Unveiling the Mechanics, Influencing Factors, and Value-Boosting Tips The process of buying, selling, or refinancing a home involves a critical component that can gre ...

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Navigating High-Interest Rates and Inflation: Your Path to Mortgage Resilience

Navigating High-Interest Rates and Inflation: Your Path to Mortgage Resilience

August 5, 2023 | Posted by: Mike Cara

Introduction As your trusted mortgage broker, I understand that the current economic backdrop in Canada is presenting challenges for many homeowners. With interest rates on the rise and inflation p ...

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Understanding Credit Scores and Maximizing Mortgage Opportunities in Canada

Understanding Credit Scores and Maximizing Mortgage Opportunities in Canada

July 27, 2023 | Posted by: Mike Cara

Introduction In Canada, your credit score plays a crucial role in your financial life, especially when it comes to major transactions like securing a mortgage. A credit score is a numerical r ...

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Top 10 Reasons to Choose Mike Cara - Mortgage Broker in Peterborough, Ontario

Top 10 Reasons to Choose Mike Cara - Mortgage Broker in Peterborough, Ontario

July 16, 2023 | Posted by: Mike Cara

When it comes to purchasing a home or property in Peterborough, Lindsay or anywhere in Ontario, securing the right mortgage is crucial. However, navigating the complex world of mortgages can be overwh ...

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