Moving Up, Sideways, and Downsizing – Ten Costs to Consider

Short Version Purchasing a Property should be a calculated move, lacking in surprises. 1. Speak to you Mortgage Broker ask if you ‘Qualify to Port your mortgage’. It is not well known that although the mortgage may be ‘portable’ both the...

You have more power than you believe! Mortgage Renewal.

The (quietly) raging battle behind the scenes over your Mortgage Renewal – things to know & understand. As you approach your mortgage renewal date, there is often a letter or a call from your current lender that arrives up to 6 months in advance of the...

1.99% eh? What is the Real Story?

1.99% eh?  What is the Real Story? Much video has been created and ink spilled on this topic.  Here is a Summary. Short Version; 99.9% of clients should not consider entering into this mortgage. We will not be applying to place any of our personal properties into this...

Penalty Landmines in the ‘rate-war’

Spring has Sprung! Short Version There is no ‘mortgage rate-war’ Mortgage Rates are likely to remain flat or drop lower still. What will drive rates up?   Good economic News. Maintain focus on the Variable Rate Product. 6 out of 10 CDN’s break their mortgages at...

Another Spring of falling Interest Rates!

[vc_row][vc_column width=”1/1″]Short Version Rates are trending downward, as they have nearly every Spring since 2009 to some extent.  This trend is likely to stick around awhile. Should you rush to lock in long term?  Likely No. Should you consult with an...