Monthly Archives: January 2015

Rates Aren’t the Only Factor to Look at When Considering a Mortgage

Are you looking for a new mortgage or refinancing your home in the near future? What is the first thing that crosses your mind? Many people are firmly focused on rates, and while that is an important consideration, it’s not the only thing they should be considering when looking for a mortgage. There are other … Read More

Choose the Right Mortgage Amortization Period

Most people who buy a home don’t pay the entire amount in cash. Instead, they make a down payment of a percentage of the purchase price and take out a loan for the balance owing. The mortgage is paid back over a certain number of years, with interest. As a mortgage consumer, you can choose … Read More

What’s the Difference Between a Mortgage Broker and a (Bank’s) Mortgage Specialist?

At one time, home buyers who wanted to take out a mortgage went to a bank. Now, the market has changed and consumers have more options available to them. Independent mortgage brokers are specialists who have relationships with multiple lenders who can offer funding at various rates. Since they have access to several sources of … Read More