1. Types of loans There are generally two types of loans, fixed-rate mortgage and varying-rate mortgage. A fixed-rate mortgage means that you’ll pay a fixed amount every month until the end of your mortgage term. … Read More
Mortgage Renewals, good or bad news?
Are you gearing up for a mortgage renewal in 2024? Even if you’re not, we’ve got all the insider tips to ensure your mortgage renewal works for you! Don’t miss out on maximizing your financial potential. Learn more today.
About Real Estate appraisals
Land valuation, property valuation, and real estate appraisal are methods of establishing the market value of real estate. In contrast to corporate stocks, which trade daily and are identical, real estate transactions are rare and … Read More
What are Reverse Mortgages?
The reverse mortgage. Considering retirement while coping with a high debt load, ongoing expenses, and reduced income can be challenging for many Canadians. Reverse mortgages can be of great assistance in this situation! Anyone looking … Read More
HELOC changes you need to know!
Last week, Canada’s banking regulator unveiled new rules governing how borrowers may use Home Equity Lines of Credit (HELOCs). The new guidelines unveiled by the Office of the Superintendent of Financial Institutions (OSFI) will affect re-advanceable … Read More