The best rumors have the longest staying power, and the untruths about the connection between Bank of Canada interest rate cuts and mortgage rates is a prime example. Why? Well, though Bank of Canada interest rate cuts do affect the financial industry, they do not affect every segment of the financial sector; some segments are directly affected, […]
The Truth about Mortgage Rates Read More »
You may wonder what the differences between home equity loans and home equity lines of credit are. Home Equity When you have a mortgage on your home but the value of the property exceeds the amount owed, the difference between the outstanding debt and the property value is referred as Home Equity. This remaining property value can be used to guarantee
The Flexibility you Need: Benefits of Home Equity Lines of Credit Read More »
Baby boomers, baby boomers, baby boomers; we all hear this term over and over again. So who are the baby boomers? Baby boomers are people in the United States who were born between 1946 and 1964. Approximately 78.2 million people fall into this category. As a group, baby boomers comprise the largest population cohort in
Baby Boomers Will Drive Real Estate Growth Read More »
So, you’re putting less than a 20% down payment on the house you are buying and you are getting a conventional loan. Your lender has given you the option of paying a monthly private mortgage insurance (PMI) premium or offering you a higher rate where the lender pays it, known as lender paid mortgage insurance (LPMI).
Dazed and Confused: What Kind of Private Mortgage Insurance (pmi) Should You Choose? Read More »
It doesn’t matter whether you are purchasing your first home or second or even third, you are going to need to take out a mortgage to cover the costs of this purchase. So it is vital that you dedicate some time initially to finding the best mortgage lenders possible. Below we offer some tips that could
Tips For Finding the Best Mortgage Lender For You Read More »
Real Estate business has seen tremendous growth and so has been the need of Real Estate agent. Today more and more people are getting interested to become home owner and as the demand for real estate need increases the role of Real Estate Agent becomes more important. In the past one agent use to provide services to both
Do You Need A Real Estate Agent? Read More »