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 default insurance, also known as “mortgage insurance” helps Canadian buy a home sooner and with a lower down payment. It protects lenders against any loss caused by unpaid payments, or a property sale that does not generate enough money to pay the outstanding balance. According to The Financial Post, starting May 30th, 2014, Canada Mortgage and Housing…
While there’s still a chill in the air, something within us is awakening and we’re brushing off the dust from hibernating all winter. The promise of spring is soon approaching. There is a consensus among people within the real estate industry that spring is the busiest time of year for real estate, having the most…
A study from the Bank of Canada concluded that those consumers who receive the best mortgage rate are those who are willing to bargain and negotiate, have more equity, are new clients, and who use a mortgage broker, among other variables. As follows, it is rare nowadays that anybody should pay the bank’s posted rate…
In the middle of winter it’s hard to find solace in the same four walls you’ve been hibernating in. The birds have long since flocked south, and soon, throngs of youth will be flocking to the resort beaches as well. While there’s no denying the luxury these resorts provide, why not have the best of…
When your mortgage term is about to expire, it’s best to start considering renewing your mortgage. But you may be wondering when the best time to renew is – sooner or later? There are always two sides to every coin; there are benefits and consequences to every choice.
Mortgage brokers are trained professionals in the field of financing for those who need loans. Even for borrowers with impeccable credit history and income levels, finding the best terms for a loan is not easy. The top brokers are noted for their ability to locate the best rates and other terms. They understand how to…
