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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
Genworth Financial recently released their spring/summer report for 2016, and it broke down the housing and mortgage trends…
Posted by Jeremy
CMHC released its annual Mortgage Consumer Survey today, which unveils the home buying and mortgage behaviours of Canadians.…
Posted by Jeremy
The latest statistics released by CREB, show that Calgary is still in a buyer’s market. What does this…
Posted by Jeremy
Prime Minister Stephen Harper made it official this morning, and swore in Joe Oliver as the new Finance…
Posted by Jeremy
Because March is Fraud Prevention Month, now is the time to educate yourself on mortgage fraud, and the…
Posted by Jeremy
One of the best ways to avoid mortgage fraud (or any type of fraud), is to ensure you…
Posted by Jeremy
The largest mortgage industry conference in Canada just wrapped up—CAAMP Mortgage Forum in Toronto. A lot of us…
Posted by Jeremy
March is Fraud Education Month in Canada, and it’s the perfect time to get educated on what mortgage…
Posted by Jeremy
Debt. That word has such a negative connotation to it, and most people probably just feel overwhelmed by…
Posted by Jeremy
Earlier this week, CAAMP (Canadian Association of Accredited Mortgage Professionals) released thier annual State of the Residential Mortgage…
Posted by Jeremy
Since November is Financial Literacy Month in Canada, it’s a great opportunity to understand a bit more about…
Posted by Jeremy
Life isn’t over after a foreclosure, in fact buying a home after you’ve suffered financial turmoil isn’t impossible…
