Monthly Archives: May 2014

Which Mortgage Payment Frequency Rate is Best?

Once you have been approved for mortgage financing, you will need to make a decision about how often you would like to make your payments. It’s important to be able have your mortgage payment work well with your cash flow, and lenders give you a choice of up to six payment frequencies so that you … Read More

Basic Mortgage Terms you Should Know

If you are going to be a savvy mortgage consumer, you need to be familiar with some basic mortgage terms. The language of this type of financial transaction may seem confusing at first, but once you are familiar with the terminology, it will make sense. Here are some terms you will likely see and hear … Read More

Self-employed Mortgage Rates: Not all Lenders are the Same

Self-employment has become a more popular choice for Canadians as the job market has shifted in recent years. Either by choice or through necessity, more people are deciding to take on the challenges and rewards of working for themselves. It can be challenging to get a self-employed mortgage through a chartered bank, since these lenders … Read More

Refinancing your Mortgage: Consider your Options Before you Sign

Is your mortgage coming up for renewal over the next few months? Have you thought about your plans for refinancing your mortgage? This is a major financial decision, and failing to examine your options could end up costing you thousands of dollars!   Mortgage Consumers Gather Information and Consider Options According to Canada Mortgage and … Read More