by Rakhi Madan | May 25, 2017 | Rates |
Your home is one of the largest purchases you will make, and usually with this purchase comes a mortgage. Many Canadians know that they want a good deal on their mortgage, but they aren’t sure how to get it or where to start. Getting a low-interest mortgage rate is a...
by Rakhi Madan | May 2, 2017 | Rates |
So, you are ready to buy a new home! You have found the perfect property that checks off all your boxes, and most importantly it is the right price. The next step is to get yourself a mortgage set up, but a mortgage is much more than just a loan. Amongst the stress of...
by Rakhi Madan | Apr 18, 2017 | Rates |
One of the most daunting things about a mortgage can be the penalties you may incur if you don’t follow the contract, and this often scares many homeowners. Unfortunately since you have signed and agreed to the conditions, breaking of the contract means you must pay...
by Rakhi Madan | Oct 5, 2016 | Rates |
With the Minister of Finance Bill Morneau announcements on October 3rd, 2016 Canadians may have a harder time getting into the house of their dreams and may only qualify for a purchase price that is much lower. Before this announcement fixed rate mortgage...
by Rakhi Madan | Mar 14, 2016 | Rates |
Be aware that you can find a variable rate mortgage at least a quarter to a point lower than any fixed rate mortgage however tread carefully when making your decision. When choosing a variable rate mortgage it makes you subject to unexpected rate hikes and many people...
by Rakhi Madan | Nov 20, 2015 | Rates |
Not long ago, someone contacted us wishing to refinance their mortgage. They presently held a mortgage from one of the big banks. When this homeowner originally obtained her mortgage, the bank offered her a discounted rate of 2.99%. It matured in July of 2016,...
