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Mortgage Matters

The problem with early mortgage renewals

The problem with early mortgage renewals

Jan 21, 2023 / 11:00 am

Is your mortgage renewing this year? If so, many lenders are contacting their mortgage clients well in advance of the renewal date to offer an early renewal. No...

Mortgage brokers offer flexibility banks often can't match

Mortgage brokers offer flexibility banks often can't match

Jan 7, 2023 / 11:00 am

Whether you are thinking about purchasing a new property or planning to consolidate some of your high interest credit card debt, your first thought might be to...

How mortgages have changed over the years in Canada

How mortgages have changed over the years in Canada

Dec 24, 2022 / 11:00 am

There have been many changes to insured mortgages over the years. Amortizations have been reduced, premiums have increased and some programs have even been...

Doing can annual mortgage review could save you money

Doing can annual mortgage review could save you money

Dec 10, 2022 / 11:00 am

Here’s my dilemma – how do I communicate the importance of an annual mortgage review, not only to my clients but to everyone who currently has a...

Reverse mortgages can help older couples who are getting divorced

Reverse mortgages can help older couples who are getting divorced

Nov 26, 2022 / 11:00 am

So far in 2022, there are more than 1.9 million divorced people between the ages of 55 and 89 years old in Canada. This phenomenon, commonly known as...

For some, a consolidation loan may be answer to dealing with debt

For some, a consolidation loan may be answer to dealing with debt

Nov 12, 2022 / 11:00 am

A recent survey found 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time. Those with a variable rate...

With rising rates, which type of mortgage is best for you

With rising rates, which type of mortgage is best for you

Oct 29, 2022 / 11:00 am

Last Wednesday, the Bank of Canada increased its overnight benchmark interest rate 50 basis point to 3.75% from 3.25% in September. That was the sixth time this...

What you need to know about co-signing a mortgage

What you need to know about co-signing a mortgage

Oct 15, 2022 / 11:00 am

With our high mortgage qualifying rates at the contract rate plus 2% (approximately 7.5% today), and today’s high-priced real estate, it can be very...

Credit rating repair action list

Credit rating repair action list

Oct 1, 2022 / 11:00 am

As a mortgage broker, it is my business to assist you in getting the best possible rate for your current situation. Unfortunately your credit rating can affect...

Finding the money for home renovations

Finding the money for home renovations

Sep 17, 2022 / 11:00 am

Are you living with a circa 1980s-style bathroom, carpet on the floor, cracked tiles, a leaky shower or an old bathtub? Or would you love to upgrade your...

The two primary type of mortgages available for vacation properties

The two primary type of mortgages available for vacation properties

Sep 3, 2022 / 11:00 am

I am getting many requests for cabin or vacation home financing. Often these properties will be categorized into "type A" or "type B" in...

The lowdown on reverse mortgages

The lowdown on reverse mortgages

Aug 20, 2022 / 11:00 am

A reverse mortgage is a way for homeowners 55 or older to turn up to 55% of the value of their home into tax-free cash. It’s a loan secured against the...

Two types of variable rate mortgages

Two types of variable rate mortgages

Aug 6, 2022 / 11:00 am

Do you have a variable rate mortgage? Did you know that not all variable rate mortgages are equal? One is a variable rate mortgage and the other is an...

Credit rating, mortgages

Credit rating, mortgages

Jul 23, 2022 / 11:00 am

A lack of basic financial knowledge can be the difference between getting a mortgage at a great rate and having a mortgage with an alternative lender where you...

Refinancing your mortgage can help in many ways

Refinancing your mortgage can help in many ways

Jul 9, 2022 / 11:00 am

One of the questions I get frequently is “Can I refinance or restructure my mortgage mid-term?” The answer is yes. I can help you decide whether...

Hybrid mortgages can work to offset rising rates

Hybrid mortgages can work to offset rising rates

Jun 25, 2022 / 9:00 pm

A fixed mortgage? A variable mortgage? Why not both? If you are looking at renewing your mortgage this year, you will definitely be facing some payment shock...

Alternative lender mortgages can help in some instances

Alternative lender mortgages can help in some instances

Jun 11, 2022 / 11:00 am

Everyone likes to believe that they will qualify for the very best rates and terms when they start shopping for a mortgage but this isn’t always a...

New mortgage product helps unlock value of your home

New mortgage product helps unlock value of your home

May 28, 2022 / 11:00 am

Reverse mortgages have been available in Canada for several years. This mortgage product allows you to get money from your home equity without having to sell...

Self-employed mortgage solutions

Self-employed mortgage solutions

May 14, 2022 / 11:00 am

It is no longer as easy as it once was for the self-employed to obtain mortgage financing. If you have tried to secure a mortgage recently with an institutional...

How to deal with it if you have income tax owing

How to deal with it if you have income tax owing

Apr 30, 2022 / 11:00 am

For people who are self-employed, the tax filing date hasn’t changed and taxes must be filed by June 15, 2022. Any payments for the current tax year are...

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