Jargon for Nerds

Andrew Sikomas

How To Choose Between A Variable Rate and Fixed Rate Mortgage?

The reason I don’t talk about fixed or variable interest rates at the beginning of a mortgage conversation is that ‘the best rate' depends.

Andrew Sikomas

Interest Rates Going Up? Why I’m Staying Calm

Why am I not worried about rates? Rates are cyclical. Rates go up and rates go down. But, let's look at this as an opportunity.

Andrew Sikomas

Debt servicing ratios

An explanation of the magical numbers that guide mortgage qualification TL;DR: debt service ratio is the percentage of your income before...

Andrew Sikomas

Mortgage affordability and qualifying

Home buyers need to understand the maximum mortgage they qualify for and how that impacts the price they are able to pay for a home...