There’s a fantastic article in the Globe and Mail today by Robert McLister about how much money Canadians could save in the long run if we were paying our mortgages as if interest rates were what they were 5 years ago. Today’s rates could save $101,700 if projected out over 25 years on a $200,000… Continue reading Article: Pay Your Mortgage Like It’s 2007 – You’ll Save a Pile of Money
Category: Mortgage Monday
A weekly column written by mortgage agent Tim L. Walker that discusses a wide variety of topics in the mortgage industry.
10 Things to Consider Before Your Mortgage Renews
Article courtesy of Genworth Canada. Have you explored all your options? Once you receive your mortgage renewal statement, there’s nothing easier than simply signing on for another term. But while this may make sense in many cases, your family or financial situation may have changed over time. Mortgage brokers can look for opportunities that could… Continue reading 10 Things to Consider Before Your Mortgage Renews
Mortgage Monday Rate Update – October 2012
I have to say, these rate updates are becoming a little dull – rates haven’t been moving around much lately, but at least they’re staying low, right? Whether you like it or not, stats and numbers are a part of the world of mortgages. When rates change even the slightest of percentage points, it could… Continue reading Mortgage Monday Rate Update – October 2012
Article: Be Loyal & Don’t Shop: A Recipe for Overpaying
There is a fantastic article written by Rob McLister over on CanadianMortgageTrends today that I thought I’d share with you instead of writing one myself. It’s a commentary on research done over the past decade which discusses how much consumers are over paying by not comparison shopping their mortgages (something that mortgage brokers do for you –… Continue reading Article: Be Loyal & Don’t Shop: A Recipe for Overpaying
Mortgage Insurance vs. Life Insurance
While most mortgage brokers don’t deal directly with insurance, we are required to offer mortgage insurance to our clients when putting together mortgage financing. Here’s a quick look at the differences between the two options. If you have any questions about mortgage insurance versus life insurance, ask your mortgage broker and we can usually point… Continue reading Mortgage Insurance vs. Life Insurance