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by Jeremy
Why it pays to do your homework before you get a mortgage. Aside from being the biggest financial decision you’re likely to ever make, mortgages are extremely complicated. There are enough choices, terms, fees, documents, rates, down payment options, etc. to make your head spin. And if you happen to make the wrong decision about even a tiny part of your mortgage, it could end up costing you thousands of dollars! For instance, you might be tempted by a low rate that could actually cost you more down the road because it comes with restrictive pre-payment options and penalties. Similarly, you might qualify for today’s…
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Posted by Jeremy
Canada’s largest bank has laidoff 45 Canadian workers and will be replacing them with foreign workers. “Dozens of…
Posted by Jeremy
Happy New Year to you all … hopefully the holidays gave you the necessary time to enjoy friends,…
Posted by Jeremy
Breaking News!! It’s official… Canada’s Finance Minister announced changes to the minimum down payment requirements effective Feb 15,…
Posted by Jeremy
It’s no secret the economy is taking a toll on Albertans, even today two more major companies announced…
Posted by Jeremy
CMHC released their annual First-Time Homebuyers Survey today, outlining the buying patterns and profiles of first-time homebuyers in…
Posted by Jeremy
Monday’s federal election in Canada was a historic one, with a very high voter turnout and a change—a…
Posted by Jeremy
Bank of Canada Does The Unexpected…Cuts A Quarter Point Off Their Overnight Rate! As you know, your variable…
Posted by Jeremy
When shopping for a mortgage, the majority of consumers ask one question, what is your best rate? True,…
Posted by Jeremy
“Wow!” you say to your spouse as you hit the brakes on the car. “Did you see the…
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
I’ve had a ton of calls this week looking for clarification on CMHC’s announcement. Here it is. CMHC…
