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by Jeremy
When searching for a home, choosing the right mortgage is a big part of the equation. Your mortgage broker can always walk you through your options, but really understanding what’s available to you can make things a little simpler. Here’s an easy definition of the mortgage types out there. Conventional and High-Ratio: A mortgage loan with less than 20% for a down payment, is considered high-ratio, and must be insured. A conventional mortgage loan has a down payment of 20% or more. Open and closed: Open mortgages allow flexibility to pay as much as you’d like at any time (ideal if you’re expecting large amount(s)…
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Posted by Jeremy
People can work hard to prepare for financial turmoil, but sometimes life just happens. When things get tougher…
Posted by Jeremy
There are lots of benefits to homeownership, including of course building equity, and the freedom to use that…
Posted by Jeremy
New data from the National Housing Survey has been released today, and in case you’re not interested in…
Posted by Jeremy
An interesting opinion piece in Real Estate Magazine, brought into light the battle going on between the Competition…
Posted by Jeremy
Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…
Posted by Jeremy
CMHC (Canada Mortgage and Housing Corporation) continues to provide mortgage insurance to Albertans, but what’s changed if you…
Posted by Jeremy
Making the transition from renter to homeowner is a big decision, and while it can sometimes be a…
Posted by Jeremy
Rising interest rates are imminent, so many are rushing to lock down their current low rates (which is…
Posted by Jeremy
With the rental market in Calgary tightening and costs going up, it could be good news for home…
Posted by Jeremy
Summers can be taxing on the wallet, and some of you may be feeling the crunch for extra…
Posted by Jeremy
A recent post on the Canadian Real Estate Magazine website, states that according to some experts, mortgage fraud…
Posted by Jeremy
You may have seen the new REALTOR® television campaign, which pushes the point ‘why do we think if…
