by Geoff | Apr 25, 2013 | mortgage trends
As reported by CanadianMortgageTrends.com: “Several polls have suggested that it’s taking longer to pay off a mortgage. The latest such survey came out on Friday.” CIBC Poll – Canadians don’t expect to be mortgage free until age 57 Non-mortgage...
by Geoff | Jul 6, 2012 | mortgage trends
July 9th it all changes! These changes were announced late in June, and now the time is near! Here’s a brief rundown of the changes … Reducing the maximum amortization period to 25 years from 30 years Reducing the maximum amount of equity homeowners can...
by Geoff | May 5, 2012 | mortgage trends, Rates
The 10-year fixed-rate mortgage has generated renewed interest lately as borrowers look to lock in for the long term and enjoy the security and peace of mind this brings. With mortgage rates at all-time lows, it turns out that fashion isn’t the only thing that comes...
by Geoff | Apr 15, 2012 | mortgage trends, Rates
Have you heard of the “50 point spread rule”? See the graphic (click on it for the FULL document) then let’s talk when determining between Variable and Fixed.
by Geoff | Apr 5, 2012 | mortgage trends, Rates
If you are looking into refinancing your mortgage, there are several steps you can take to get a better mortgage rate. You will hear that comparison shopping is your best bet on getting a great new rate, but there are alternative measures you can take as well! Here...
by Geoff | Mar 5, 2012 | mortgage trends, Rates
Once in a while someone has already said exactly what you want to say. Which is the case today. I’m borrowing with gratitude a fantastic post by Better Borrower, regarding What to Look For in a Mortgage Specialist. “What makes a good mortgage specialist,...
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