First time buyers also have to think about budgeting, as in many cases they may not have had the experience of trying to met mortgage repayments, bills, and costs of living. So, as a first time buyer you will have plenty to think about.Many people that are buying for the first time find that trying [...]
After an extremely volatile week the financial markets are being capped with incredible events especially coming from government announcements and intervention. With the news coming so quickly here is a recap of the recent events and how they impact mortgage borrowers:1. Fear about the safety of money on deposit with banks folding or going on [...]
For many people, mortgage payments are their single largest expense. Yet, when financing a home, most Canadians dont comparison shop to ensure theyre getting the best mortgage rate and terms available. This mistake can cost homeowners tens of thousands of dollars over the course of their mortgage.Here are seven ways mortgage brokers can help:Access to [...]
Some bad credit mortgages are backed by major insurance providers but available through brokers, others by stand-alone providers, but they will mean higher interest rates, greater monthly payments and higher penalties for arrears. In any case, if you decide a bad credit mortgage is right for you, you’ll need to find a mortgage advisor who [...]
Buying a house is probably the biggest financial transaction that most of us make in our lifetimes. It can be exciting, but also rather scary, given the large sums of money and the life-changing event that it is. As well as the money that goes to the actual purchase of a property, there are additional [...]
For a lot of newly weds buying their first home together is something that they dream about. When they view each house they imagine how well their new furniture will appear and what beautiful colours they will paint each wall and even which of the bedrooms will be ideal for their forthcoming children.But far from [...]