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by Jeremy
Rising interest rates are imminent, so many are rushing to lock down their current low rates (which is a good idea). For some people, that could mean getting out of your existing mortage early, and while avoiding mortgage penalties may not be possible all together, you can do something to limit them. Common practice has banks comparing your interest rate to their current interest rate for the term closest to the amount of time left on your mortgage. Since there’s no rule about which rate to use, they can use any rate they want. With a 2% different between one- and five-year rates, that’s a…
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Posted by Jeremy
Summers can be taxing on the wallet, and some of you may be feeling the crunch for extra…
Posted by Jeremy
With the rental market in Calgary tightening and costs going up, it could be good news for home…
Posted by Jeremy
A recent post on the Canadian Real Estate Magazine website, states that according to some experts, mortgage fraud…
Posted by Jeremy
The floods in Alberta took more than an emotional toll on victims, it took a financial one as…
Posted by Jeremy
You may have seen the new REALTOR® television campaign, which pushes the point ‘why do we think if…
Posted by Jeremy
As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…
Posted by Jeremy
Despite the tragic flooding in our city, and resulting market uncertainty, June was actually a record month for…
Posted by Jeremy
If you have been affected by the flood, you are probably quickly becoming frustrated with your insurance company…
Posted by Jeremy
This afternoon, CREB held an online information session regarding the flood situation and its affect on homeowners, homes…
Posted by Jeremy
Canadians are faced with yet another mortgage rate hike. RBC, Royal Bank of Canada, announced it would increase…
Posted by Jeremy
When it comes to financing your new home or even working to renew your existing mortgage, who can…
Posted by Jeremy
A couple cases of mortgage fraud have made local headlines in the past month, and it should serve…
