You are a lucky new homeowner! Congratulations! You have searched and finally found your dream home. You have secured your mortgage and gone through real estate brokers, home inspections, lawyers and shopped around for insurance. You’ve done your homework on closing costs and signed a ton of paperwork. This has been a busy and exciting…
Debt consolidation is the process of combining two or more debts into one. This will then result in a single debt payment and lower the total interest costs for you. Through debt consolidation you will have a better defined road map to becoming debt free! Debt Consolidation Loans A debt consolidation loan is a single…
Record Low Interest Rates, Record-High House Prices We now have mortgage trends that make it an ideal time to buy your dream home. We have reached ultra-low interest rates. It has never been easier or cheaper to pay off the interest rates on your mortgage. The five year fixed rate mortgage is tempting to first-time…
Everyone’s dream is to one be the proud owner of a home, however, that dream can quickly turn sour if first time home buyers do not know what they are getting into. Buying a home takes time, patience and sometimes luck. Before going for it and signing off on all the paperwork, read up on…
Today’s Millenials, the children of Boomers, are doing all the right things! Most have a university or college education under their belt.Student loans are slowly being payed off. Young people are earning money by working hard and building themselves as members of the community. They save their money. Despite all of this, they still cannot…
A major question that keeps resurfacing today is “Should I Rent or Buy?” The answer, however, is not as simple because it truly depends. Most people find this as a no-brainer and go with buying because real estate is a good investment that has potential for high return. Although we have record-low interest rates, high…
Whether you decide to purchase a quaint country home or a luxurious downtown condo, buying a home will probably be the biggest investment of your life. Before you get the keys, you must first do the research and paperwork to secure financing for this expensive purchase.There is so much to think about when mortgage shopping,…
People have always been buying houses so many people think it is easy to get a mortgage. In reality, it isn’t as simples as walking into a bank and asking for a loan so you can go buy a house. The mortgage process has several steps and could take some time. Here are 5 things…
2014 is almost half way over but do not fret, it is not too late to implement some changes to aid your mortgage. Keep organized and you can still obtain as good mortgage deals. Here are 7 mortgage tips for the rest of 2014. Due to the new mortgage regulations implementing in 2014, lenders are extra…
Mortgage can bring a hurricane of questions and troubles for home buyers. The Globe and Mail recently put up the question of “Should you get pre-approved for a mortgage?” Let’s break everything down and take a look. You’ll get an idea about the price range you should aim for during your househunting. By knowing how…
