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Market Update – July 2015

Market Update – July 2015

How many months in a row do we call the market ‘crazy’ before crazy is just the new normal? How many years in a row do we call interest rates ‘too low’ before low is just the new normal? So what does normal look like this month? Record setting on the sales...
A 235 Year Amortisation!

A 235 Year Amortisation!

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 Driving a New Payment

Test Driving a New Payment

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, are they valid?

Pre-Approvals, are they valid?

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...
Bi-Weekly Payment Clarity.

Bi-Weekly Payment Clarity.

[vc_row][vc_column width=”1/1″]There has been a post circulating around social media over the past few weeks that has created confusion around the benefits of bi-weekly mortgage payments. The keyword omitted from the conversation is...