Mortgage Renewal Canada Before You Auto-Renew…Read This Once you have a mortgage, you normally settle into a pattern of payment. Most Canadians deal with the mortgage renewal process in much the same way. In fact, 85% of Canadians auto renew with their lender just because it’s simple. This means 85% of Canadians might be paying […]
Mortgage Renewal – Think Before You Auto Renew Your Mortgage Read More »
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 »
Renewing your mortgage early can have many advantages especially in the current markets. There are many things to consider before making this financial decisions and seeking professional advice from a mortgage broker is a good decision. Should You Make the Move? First let us look at the decision to make the move, will it save
Mortgage Renewal Tips — Should You Renew Your Mortgage Early 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 »
Everyone who has a mortgage at some point in time has had to renew. If you have been fortunate enough to actually have paid it off, congratulations. At renewal time, your lender (whether it’s the bank or a trust company) have fulfilled their term obligation and are looking for your business again for the next