There’s a fantastic article on CanadianMortgageTrends today (read: A Little Extra) that touches on how much could be saved if as little as $20 was added to a monthly mortgage payment. For fun, here are a couple of examples to show how far a little extra money could go (for all examples, assume a mortgage… Continue reading A Little Off the Top
Tag: pre-payment privileges
The Best Mortgage Rate is Not Always the Best Option
In the mortgage world, there’s always a lot of talk about rate. What’s the current best 5-year rate? What’s the best rate I can get? What’s the best rate you offer? While rate is definitely an important part of the mortgage equasion (and we discussed a while back why term is also important), sometimes the… Continue reading The Best Mortgage Rate is Not Always the Best Option