Jargon for Nerds

Andrew Sikomas

3 min read

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

3 min read

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

3 min read

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

5 min read

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...