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It is that time of year, time to get your mortgage renewal out of the way. Here are some tips to help you to get the most out of your mortgage renewal 1. Get going early on your mortgage renewal Start shopping around 6 months before your mortgage renewal is up. That is the...

Are you having thoughts of becoming a first time home buyer? There are many benefits to owning your own home. However, you have to think and approach this in a smart manner by researching online mortgage calculators or asking questions with different financial advisors. But...

Many people have mortgages that will need renewal in the spring. This means that you may be receiving mortgage renewal papers in the mail from your current mortgage provider asking you to complete a mortgage renewal with them. Before signing and sending back any forms they send...

As some of you know, on February 28th CMHC increased its Mortgage Insurance Premium. Here’s what it will mean to you when purchasing a home with a 5% down payment:   Loan Amount (Purchase Price) $150,000 $250,000 $350,000 $450,000 Current Premium $4,125 $6,875 $9,625...

What are the reasons for choosing a mortgage broker? If you are a Canadian homeowner or a buyer, stuck in stages of mortgage years, it may feel that all and sundry wants a piece of you. That is because mortgages are large. Lenders will entice you with low mortgage rates or...

During the cold weather months it always makes for slow months in the housing market. Who can really blame people for not wanting to march through the cold temperatures and ice-coated sidewalks over and over again to find their perfect home? We all know that spring is the time...