Category Archives: Mortgage Tips

Never Heard Of That Lender? – A Mortgage Broker can help

I’ve Never Heard Of That Lender Before One of the benefits of working with an independent mortgage professional; compared to getting your mortgage through a single institution, is choice. And as there are even more new mortgage rules coming into place January 1, 2018 now more than ever, having access to a wide variety of…
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The New Normal – Our Commitment to You

The New Normal ‘Tis the season… this was no surprise here! The latest round of New Mortgage Guidelines has been announced by OSFI, or Office of the Superintendent of Financial Institutions. As of January 1, 2018, all conventional mortgages or uninsured mortgages will have to qualify at the Bank of Canada 5-year fixed rate or…
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Learn Before You Leap – Mortgage Payment Options

Mortgage Payment Options… Which is the best option for your situation? Once your mortgage has been funded by your lender, you need to decide on how frequently you want to make your mortgage payments. Most people want to pay off their mortgage as quick as possible to save on paying interest. Below are a list…
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Time to pay off your mortgage? – Use a mortgage calculator

Is it time to pay off your mortgage? Largest single asset owned The largest single asset owned by most Canadians is their house. Many homeowners have debt against their house in the form of a mortgage. Initially, a home buyer combines a down payment and mortgage to purchase their house. Home equity builds as the…
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