Mortgage Default Insurance Rates Rising
Mortgage default insurance rates are rising March 17th, lets have a look at how rising rates will impact the home buyer.
How Much Do We Spend On Our First House?
Home ownership, for most of us, is the biggest purchase and commitment we take. A big question that arises is how much do we spend?
First Time Home Buyers And New Mortgage Rules – What Does It Really Mean?
Rules, rules, rules. Let’s have a look at how the New Mortgage Rules of October 2016 may impact you and what do they really mean
Two Year History Explained
When applying for a mortgage lenders may require a two year history on your income.
Condo Fees, Financial Statements, And Special Assessments
In this blog we’ll review condo fees, the importance of healthy condo association financials and what special assessments are.
Down Payment Rule Changes
This post clarifies the new down payment rule changes effective February 15, 2016
Are Accelerated Bi-weekly Payments Better Than A Semi-Monthly Payment?
Here we’ll review the difference and benefits of accelerated biweekly payments
Income Tax Refund – Why Not Take Advantage Of Your Prepayment Options And Apply It To Your Mortgage?
Here’s an idea for spending your income tax refund! Why not take advantage of your prepayment options and apply it to your mortgage?
Locking In Your Variable Rate To A Fixed Rate
In this post we answer a client’s question about what rate they would get if locking in their variable rate mortgage.
The Benefits Of Being A First Time Home Buyer
We were recently asked the following questions: what are the benefits of being a first time homebuyer using 5% down payment versus someone who has purchased a home before using a 5% down payment?