Variable-Rate Mortgages: Worth the Risk?
Yesterday I wrote about fixed-rate mortgages and the peace of mind that they provide to borrowers. Let’s take a look at the other mortgage option – variable-rate mortgages.
Read moreUse of Mortgage Brokers on the Rise
When I was contemplating my first mortgage – I did what my parents did – I went to my bank for my mortgage. It was something that seemed natural.
Read moreControversial HST Comes Into Effect in July
The controversial harmonized sales tax (HST) was passed through legislature recently. When the HST kicks in on July 1, 2010, it will add 8% sales tax in Ontario and 7% sales tax in British Columbia to many items that were previously only taxed GST at 5%.
Read moreThe Commission Controversy
My parents just sold the house where they’d lived for close to thirty years. Like a lot of retired people, they wanted to live closer to their grandchildren.
Read moreHow Much Can You Really Afford?
You’re finally ready to buy a home and with interest rates close to historical lows it seems like a good time to dip your toes into the real estate pool.
Read moreCanadian Tire Says Good-Bye to Mortgages
Canadian Tire Financial Services announced recently that they would be saying farewell to their Mortgage Department.
Read moreWhat can a Mortgage Broker do for you?
When reading your local real estate papers, you will have come across ads for mortgage brokers.
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