Purchasing / Jun 10th, 2009
I would like to move forward with my pre-approval. What exactly will I need?
You will be required to provide the following list of information to your mortgage professional to finalize the mortgage
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Debt Talk / May 25th, 2009
With investments doing so poorly, would be to our benefit to pay down on our mortgage while we are below at such a low prime ?
Michelle, Great way of thinking…. I suggest YES, figure out a comfortable payment (maybe check what the payment was back when you signed up) and ask your lender (bank) to “hold the payment” at that co...
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Rates / May 20th, 2009
Is this banking crisis over?….. if so, will rates go up?
Great Question, some are saying the crisis is coming to an end, read below to find out what some economists are saying, jobs and housing still has a way to go, but when “may” rates go up?… The good ne...
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Debt Talk / May 13th, 2009
What is new and different about a Tax deductible Mortgage?
I wouldn’t say its “new” but these techniques have only been used to make the rich, richer. It is a method of designing your finances that extends the remarkable benefits of debt conversion to almost ...
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Rates / May 4th, 2009
Given that mortgage rates are so low right now, should I switch from my higher fixed rate to the current lower rate ?
Great Question Shawn.. this is exactly what most Canadians seem to be asking too….. The good news is “probably”…. But please let me explain why,you want to look MUCH deeper into your numbers and MAKE ...
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Rates / Feb 18th, 2009
Why would the bank be charging a higher interest rate than what is the going rate today? They quoted me a rate of 6.55%
Well Carrie, it’s GREAT to see you are asking the right questions. Many consumers have been asking this for years. The banks system “seems” to be…. We’ll quote you a high rate, and (hopefully you sign...
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