A picture is worth 1,000 words. (actually just 136) There seems much angst and concern from Government regulators over a first time buyer with less than 20% down taking longer than 25 years to pay off on appreciating (or at least historically stable) asset....
Test Drive your new mortgage payment today. In both rising markets and softer markets there will always be people contemplating a move to a larger home, often with a larger mortgage to accommodate. How many of us takes steps in advance to prepare for a payment...
Pre-approvals, more important and less concrete than ever Short Version A mortgage pre-approval is little more than a ratehold. A second alternate credit report can be accessed by the lender/insurer and its contents devastating. A mortgage pre-approval is not fully...
A dilemma for clients and Brokers alike. Short version; Engage your Mortgage Broker for a better understanding of this product. HomeEquity Bank Guarantees that the amount to be repaid will never exceed the fair market value of your home at the time that it is sold. No...
Whether choosing a 5 year fixed rate Mortgage, or having it chosen for you (a la OFSI guidelines) there are important ‘fine-print’ considerations around lender selection. Click here to read my guest post on the topic at www.rew.ca Thanks www.REW.ca!...
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