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22
May

What is the difference between a fixed and variable rate?

One of the first steps when picking a mortgage is picking what type of mortgage you want. Knowing the difference between a fixed and variable rate will help you determine the type of mortgage you want. A Fixed Rate Mortgage means that whenever you sign your mortgage you are...
07
Apr

Top 10 places to live in Canada

Are you having a hard time finding a place to live in Canada? Many people from the east coast consider moving to the west, and many from the west consider moving east. But our spacious and vast land has more to offer then the east and west coasts. Have you considered the...
17
Mar

Canada household debt ratio hits new record of 163.3%

What would you be doing if you had some disposable income? Would you be paying off household debt, or getting further into debt? Canada’s Debt Ratio Statistics Canada says the ratio of household debt to disposable income hit a record high in the fourth quarter. As incomes...
05
May

Mortgage Pre-approval

Whats a Mortgage Pre-Approval? Anyone thinking of buying a house has one main question – what’s my budget? At The Mortgage Centre in Fredericton, we can get you a mortgage pre-approval. We will ask you questions about your current income and any bills you need to pay...