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by Jeremy
For some people, getting out of a mortgage early is a realistic option, especially if they are doing so to lock down low interest rates. It’s definitely a good idea to lock down a low rate, so if you are looking at facing mortgage penalties to do so, you can do a lot to limit those penalties or avoid them all together. 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…
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Posted by Jeremy
A new report released today shows that Canada’s rental market is worse than we thought, and it’s becoming…
Posted by Jeremy
Stories about Canadians’ household debt are making headlines this week, and whether or not the hype is true,…
Posted by Jeremy
If you’re self-employed, you may have a more difficult time obtaining financing for that home, but there’s still…
Posted by Jeremy
A new study conducted by Genworth Financial, shows that millennial homebuyers are well-educated, financially literate and doing their…
Posted by Jeremy
The Canadian federal budget for 2015 was announced yesterday, and it brings with it some consumer-friendly benefits. Dealing…
Posted by Jeremy
Genworth Financial recently polled 1,800 first-time homebuyers in Canada to get a feel for what that demographic looks…
Posted by Jeremy
Canada’s two biggest mortgage insurers both raised their premiums by 15% this week, bringing changes to the mortgage…
Posted by Jeremy
It’s no secret that Calgary’s economy hasn’t been so kind to many, with several major companies announcing huge…
Posted by Jeremy
In fraud prevention, there’s a general rule of thumb: if sounds too good to be true, it usually…
Posted by Jeremy
March is Credit Education Month, and coincidentally there have been a lot of headlines lately about scams and…
Posted by Jeremy
Internet and social media scams are on the rise in Canada, and since it’s Fraud Prevention Month, it’s…
Posted by Jeremy
March is Fraud Education Month in Canada, and it’s the perfect time to get educated on what mortgage…
