Keeping Your Credit Score Healthy Category: First Time Buyer, If you haven’t seen your credit score, you’re not alone. Many of our clients don’t know about their credit score or even know what it is when we first meet with them. During our initial consultation, we go over your complete credit report with you. As an added bonus, we’ll even teach you how to read it. So, how can you make sure you have a great credit score? Here are a few tips to get you started. You need to have credit. It may be surprising – but your credit score goes up as more credit is available to you. We recommend at least two facilities: a credit card and a line of credit (or 2 credit cards).You also have to pay your bills when they are due. That goes for your internet, cell phone and even parking tickets.It also helps to start as soon as possible. The longer you have a clean record of paying your credit card, loans or other credit facilities, the better your credit becomes.Finally, make sure to carry a low balance. One of the least known ways to hurt your credit is to have high utilization. We’re written a more in-depth article about your credit score. Please check it out and please don’t ever hesitate to call us about your mortgage related needs when you’re buying a property in Vancouver or anywhere else in Canada. Continue Reading: Read Article Should I Lock in My Variable Mortgage? Category: Renew Refinance, Interest Rates Have Risen… The Bank of Canada Increased Rate by 0.25% Today… The global economy has continued to strengthen, which promoted the Bank of Canada to raise it’s interest rate for the third time since last summer. This immediately affects Variable Rate mortgages. Should I lock in my variable rate mortgage? For me, this is a […] Read Article Read Article The Best Mortgage Options Are From Brokers Category: Renew Refinance, At Pinsky Mortgages, we have access to, and are experts in, hundreds of different mortgage products. We can guide our clients with the right mix of interest rate, options and mortgage flexibility that suits their needs. We even give our customers the choice between different mortgage products and lenders. Ultimately, it’s about choice and education. […] Read Article