Mortgage Timeline – What you need to know
How much time do I need to complete my mortgage? One of the biggest things that most of my clients do not realize is that it takes time to get a mortgage. Contrary to to what some people ...
Is a Reverse Mortgage Right For You
If you are like most Canadians you are probably not familiar with Reverse Mortgages, let alone the possible ...
Credit Pitfalls You Need To Know
How Can I Protect My Credit? There are a few common credit mistakes that I see people make over and over again. It is possible to never ...
Take My Credit Score Poll!
[polldaddy poll=3316455]As a follow up to yesterday's post on managing credit I thought it would be interesting to see what my readers know about their own credit score. Don't worry you don't have to give any personal info, but I think it will be ...
Your Personal Credit – Know The Score
Do You Know What Your Credit Score Is? ....if you don't you are certainly not alone. It is hard to get by in today's society without having ...
Bank of Canada Raises Rates – What Next?
Yesterday the Bank of Canada (BOC) finally made good on their promise to raise rates and they bumped the overnight lending rate up by .25%. If you are not familiar with the overnight lending rate....it is the rate the Bank ...
Hybrid Mortgages – Good or Bad?
The Globe and Mail ran a couple of articles recently on hybrid mortgages in Canada so I thought I would weigh in on the subject. The first article they wrote last week ...
Variable vs Fixed – Take the survey
With the recent increase in fixed mortgage rates over the last month and the talk of an upcoming rate hike from the Bank of Canada, the battle between fixed and variable is tougher than ever. Personally, I have noticed more and more clients are sitting on the fence when it ...
Six Uses For a Home Equity Line of Credit
A Home Equity Line of Credit Might be For You A home equity line of credit (HELOC) provides a level of flexibility that is not available from your traditional fixed or variable mortgage. A home equity line ...
Closing Costs – What You Need To Know
Mortgage Closing Costs Explained More often than not first time homebuyers neglect to set aside enough money for their closing costs. They assume they can use all of the money they have saved for their mortgage ...
