Short Version Watch Sharknadoas it is a better use of your time than reading inflammatory predictions. Mortgage rates actually dipped lower this week. For a BC resident with the provincial average variable-rate mortgage balance of $300,000.00 a 0.25% hike in interest...
This was emailed out on New Years Eve to all my current clients directly. I am posting it now in order to have an easier access record of predictions to review. Happy New Year! I have always subscribed internally to ‘The 1% Difference’. The theory being...
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...
Can an 82-year-old take out a new mortgage with a 30-year, or even a 35-year amortisation? Strictly speaking, YES. In fact, in 2009 my then 82-year-old client did just that in order to invest the capital. With the net profits between the 2.25% mortgage rate enjoyed...
Thinking of purchasing or leasing a new car? Some quick math for you. A $400.00 payment will reduce your total mortgage qualification by $100,000.00 Ouch. I will confess that I think about new cars for at least a moment or two daily, fast cars and I go back a few...
7ads6x98y