In December, Mortgage Professionals Canada released its annual state of the housing market report and found that, on 2015, 36% of homeowners took actions to reduce their mortgage debt. While many homeowners think in terms of lump-sum payments, which are a great option, there are other ways to save money and pay down that debt […]
What are Canadian’s doing about Mortgage Debt Read More »
Every year many Canadians buy, sell or refinance homes. Most, if not all, of these transactions include a simple line item for an appraisal. It is an accepted part of any real estate transaction, by bringing in an appraiser you can get a better idea of what the market value of your property actually may
Canadian Mortgage Appraisals — How Appraisers Can Help With Mortgage Decision Making Read More »
Occasionally you will see mortgage rates that seem too good to be true and sometimes they are but how do the lenders make these rates look so good. Here’s a list of things you should watch for when mortgage shopping that can make a mortgage rate seem lower: Mortgage rates can be made to appear
6 Essentials to Watch for During Your Mortgage Shopping to Lower Mortgage Rates Read More »
1. Know what your current mortgage actually is, many of you will not know what type of mortgage you actually have because it wasn’t explained very well to begin with, one of the biggest issues we run into at renewal is that the client has been placed in a collateral mortgage and now credit cards
The Ultimate Check List For Mortgage Renewal Read More »