Yup, it’s time for another monthly rate update. 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… Continue reading Mortgage Monday Rate Update
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.
Understanding Your Credit Report
Article courtesy of Genworth Canada. A credit report is a history of how consistently you pay your financial obligations. It is created when you first borrow money or apply for credit and is built over time. The companies that lend or collect money or issue credit cards (banks, finance companies, credit unions, retailers, etc.) send… Continue reading Understanding Your Credit Report
Article: Pay Your Mortgage Like It’s 2007 – You’ll Save a Pile of Money
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
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