When you join into a mortgage relationship with a lender, it's important to keep in mind that it is the lender who generally takes on the majority of the risk as most people put less than 50% up to only 5% of their own money to finance the initial cost of the home. In order … Continue reading The 5 C’s of Credit
There are many Canadians whose mortgages are up for renewal this year. In 2014 the average discounted 5 year fixed rate was 2.81%, compare that with today's best averaging around 3.64% and its no wonder that many Canadians are worried about their mortgage payments on their upcoming renewals. Over 3/4 of renewing mortgage holders are … Continue reading Does your mortgage renew this year?
Is Your Mortgage Coming Up For Renewal? Are you aware of when your mortgage is coming up for renewal? If not, it is a good idea to find out when it is. If you’re like most Canadians, it’s something that we would like to forget, or keep in the back of your mind. With … Continue reading Options at Renewal