US National Debt Explained
I saw some interesting facts on the US National Debt over the weekend that I thought would be worth sharing. Many people, including the US Government were up in arms a couple ...
Beware Sites Advertising “Low Mortgage Rates”
The Internet has given us unlimited access to information. As a small business owner, the Internet has also provided an affordable way to effectively market to millions ...
Renewal VS Refinance – Know the difference
What is the difference between a renewal and a refinance? A renewal occurs at the end of your mortgage term. Your lender will send you a renewal ...
So your buying a rental property….
Investing in real estate can be a great choice when you are looking for long term appreciation and cashflow. However, buying a rental property is slightly different than buying your own home.
Mortgage Rate and Housing Outlook
I recently had the opportunity to listen to an economist from Genworth Canada speak on his predictions about where mortgage rates and housing starts would be going over the next couple of years
Listing Price VS Home Value
Can the listing price be considered the home's value? The short answer is no! As a Toronto Mortgage Broker I speak with homebuyers daily who voice their frustration with being outbid in multiple offer situations. This can be discouraging and turn what is supposed ...
Why Are Fixed Mortgage Rates Rising?
Over the past week fixed mortgage rates in Canada have been on the rise. In fact, in most cases, lenders have increased their 5 year fixed rate by up to 35 basis points (.35%). What causes Mortgage Rates to increase?
Credit Help – 5 tips for avoiding a credit meltdown
Avoid Bankruptcy and get help with your debt Taking action at the first sign of credit trouble is the key to avoiding a credit meltdown. As a Toronto Mortgage Broker, I spend quite a bit of time helping my clients consolidate and repair their debt. I also work closely with ...
Toronto Mortgage Rate Watch
Toronto Mortgage Rates have been falling over the past week. Why you might ask? As I have mentioned in the past, Canadian fixed mortgage rates are driven by Canadian Government Bond yields which banks use as a benchmark for setting rates.
Vacation Property Mortgage – What you need to know
If you are like me, you have probably dreamed about one day purchasing a vacation property at your dream holiday destination. For some of you it might ...
