Just a quick post to wish everyone that follows along with the BarrieRealEstateTalk blog a HAPPY HOLIDAYS! We’re looking forward to continuing the discussion on a variety of real estate topics in Barrie in the coming year. If you have any topics you’d like any of us to cover – let us know by leaving… Continue reading Happy Holidays!
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.
Mortgage Monday Rate Update – December 2011
This is going to be the last Mortgage Monday blog post for 2011 (we’re all going to take next week off). I figure the best way to end the posts for the year is a look back at rates. Whether you like it or not, stats and numbers are a part of the world of… Continue reading Mortgage Monday Rate Update – December 2011
Compound Interest: Unraveling the Mystery
Article courtesy of MCAP. “If you start saving early in life, the power of compound interest will allow you to retire comfortably.” This is what financial planners tell young Canadians. And it’s true. But what is compound interest? The most basic definition is that compound interest is interest on interest. If you have an… Continue reading Compound Interest: Unraveling the Mystery
What is a Bridge Loan?
A bridge loan, at least in regards to residental real estate, is a short term loan that is usually used to bridge the gap between the closing date of a property being purchased and the closing date of the property being sold. This can happen for a number of reasons (the seller of the new… Continue reading What is a Bridge Loan?
Collateral Mortgages
As I began writing this post about collateral mortgages, I started reading through other articles on the subject (and there are quite a few of them from the past year since TD Bank moved their mortgages from conventional to collateral mortgages). I found a fantastic article on moneyville.ca that really said it better than I… Continue reading Collateral Mortgages