Author: Tim

Tim is a mortgage agent in Barrie who specializes in helping first-time home buyers. He works with a variety of lenders and can help customize a mortgage with the best rates & options that fit the needs of each customer.

Payment Frequency

When going through the details of a mortgage, many clients are frequently surprised that they have so many different options for payment frequency. Most assume you can only pay monthly or bi-weekly, but there are actually a bunch of different options available. [box border=”full”] Monthly (12 payments per year): You all know this one –… Continue reading Payment Frequency

Mortgage Monday Rate Update – June 2012

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 cost or save you thousands of dollars. Every once in a while, here on the Mortgage Monday posts, I’ll update you on what’s going on in the world of mortgage… Continue reading Mortgage Monday Rate Update – June 2012

The CAAMP Spring 2012 Mortgage Report

If you love stats, you’ll love CAAMP’s (Canadian Associates of Accredited Mortgage Professionals) semi-annual report on the Canadian mortgage market.  You can read the full report here (be warned, it’s 40 or so pages long), but here are some interesting stats that I’ve pulled from it. There is currently $994 billion in mortgages on primary… Continue reading The CAAMP Spring 2012 Mortgage Report

Should You Consider a 10-Year Mortgage?

There’s been a lot of talk lately about whether or not folks should be taking advantage of the sub-4% 10-year fixed mortgages. With the 5-year fixed mortgages hovering just above the 3% mark, you will pay a little bit more to lock in for 10 years (though the spread between the 5-year and 10-year is… Continue reading Should You Consider a 10-Year Mortgage?