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Welcome to Steadyhand Coffee Break! Today, we're demystifying the process of securing a mortgage in Canada, a crucial step towards achieving the dream of home ownership. Whether you're a first-time buyer or looking to refinance, you'll find this discussion invaluable. Our subject matter expert Ray Macklem brings over 16 years of experience and starts by explaining his journey into the mortgage industry, followed by a deep dive into how mortgages work, their benefits, and pitfalls. Whether you're looking to secure your first mortgage or considering your options for renewal, this comprehensive guide offers valuable insights to help you make informed decisions and achieve your homeownership goals. Connect with Ray: Website: https://www.nestmortgage.co/contact/r... Instagram: / rayatnestmortgage 🔹 Video Chapters 🔹 0:00 Introduction 2:53 Mortgages vs. HELOCs 6:48 Where to get a mortgage in Canada 7:54 Benefits of using a mortgage broker 12:50 Qualifying for a mortgage 17:20 Costs and fees associated with a mortgage 19:08 Interest rates (choosing between fixed vs. variable) 24:00 Accelerating payments and prepayments 26:48 Economic impact of mortgage renewal cliffs 29:25 Renewing vs. getting a new mortgage 36:19 Advice and tips from Ray --------------- 📚 SUBSCRIBER GIVEAWAY: Not sure where to start—or if you’ve started, how to prioritize? Subscribers to the channel can grab this Free Insider’s Guide “It's Really not Rocket Science” - https://share.hsforms.com/1Cz3wU9C5ST... ✅ For more info visit: https://www.steadyhand.com/ 💬 What was your main takeaway from this video? Let us know in the comments below. And don't forget to subscribe to Steadyhand here ⤵ https://www.youtube.com/c/SteadyhandI... --------------- 🗓 Attend Our Webinar: Get To Know Steadyhand 🗓 https://event.on24.com/wcc/r/4256147/... --------------- 📍 Welcome to Steadyhand's official YouTube channel! Steadyhand is a Canadian investment firm that offers low-fee investments with easy-to-follow advice and a simpler, more human experience for all Canadians. On this channel, we produce jargon-free videos to help you stay informed & educated on relevant investment topics. We've been managing money since 2007 and over 4,000 Canadians have entrusted us with more than $1 billion in investments. Our clients enjoy direct access to world-class fund managers and a level of genuine financial stewardship that you just don't find at the big banks and brokerages. ➡️ Our straightforward lineup of funds, easy-to-follow investment advice, and candid reporting enable our clients to weather the ups and downs of the markets with confidence. We offer hands-on, personalized service, and are ultra-accessible. In short: Steadyhand offers Canadians a better way to invest! We hope you find the videos on this channel informative and if you are interested in the services we offer then please visit our website. If you enjoy the videos you see on this channel then make sure you subscribe and hit the notification bell so you find out as soon as we post a new video! 🔔 --------------- 📲 Follow Steadyhand on social media: Facebook ▶️ / steadyhandfunds Linkedin ▶️ / steadyhand-investment-funds Twitter ▶️ / steadyhandfunds ✅ Subscribe to our Blog and Newsletter https://steadyhand.us3.list-manage.co... If you'd like to explore whether Steadyhand may be a good fit for you, reach out to us: 📞 1-888-888-3147 📧 [email protected] 🌎 https://www.steadyhand.com/contact/ 📍 Vancouver Office (1747 West 3rd Avenue Vancouver, BC V6J 1K7) 📍 Toronto Office (3690-130 King St W, Toronto, ON M5X 2A2) --------------- #Steadyhand #MortgagesCanada #HomeOwnership #FinanceTips #CanadianRealEstate #MortgageBroker #mortgages #homebuying #MortgageRenewals #RayMacklem #MortgageAdvice