Naturally, we, at nesto, are deeply concerned about the Coronavirus, as are you. We have asked everyone from our team to work from home, and though we remain 100% operational, we understand that this particular time may generate many questions…
Featured articles #Mortgage Basics
How AI will Influence the Mortgage Industry
By now, you’ve probably already heard of ChatGPT, the revolutionary AI tool that’s taken the world by storm. ChatGPT and Artificial Intelligence (AI) in general are poised to revolutionize the way we do a lot of things and mortgages are…
Featured articles #Mortgage Basics
How to Calculate Different Types of Mortgage Payments
Mortgages are one of the biggest financial investments Canadians make, and it’s essential to understand how the different components of a mortgage impact the monthly mortgage payments. Using a mortgage calculator in Canada can help you understand what you can afford…
Featured articles #Mortgage Basics
A Recap of 2022: Interest Rates, Housing Market, and Mortgages
Buckle up! We’re taking a trip back in time to the not-so-far-off 2022 to see exactly what went on now that it’s in the rearview mirror. The goal: Go over how much interest rates increased, how it affected home prices,…
Featured articles #Mortgage Basics
Your Complete Guide to Mortgage Basis Points
When you’re shopping for a mortgage in Canada, you may come across the term “basis points” or “BPS.” But what do these terms actually represent and how do they impact your mortgage? And what exactly is a basis point? To…
Featured articles #Mortgage Basics
What to do When Your Mortgage Application Gets Denied
If you’re buying a home in Canada, getting approved for a mortgage is one of the most critical steps. However, if your mortgage application gets denied at closing, it can be a frustrating and stressful experience. But don’t worry; there…
Featured articles #Mortgage Basics
Mortgage & Housing Market Projections for 2023
The housing market throughout 2023 may look very different from what it is today. With an ever-changing macroeconomic landscape, driven by the forces of supply and demand, the future of home prices, mortgage rates and availability are difficult to predict…