February 9, 2011
If you or someone you know is a new immigrant to Canada, you may be surprised at the attractive mortgage options that are available at competitive market rates. To learn more, check out today's post.
Posts from the ‘Product Commentary’ Category
December 1, 2010
Title insurance offers a surprisingly broad and inexpensive way to cover yourself against a host of potentially expensive problems relating to your property. To learn more, check out today's post.
November 24, 2010
Home-equity lines-of-credit (HELOCs) and open variable-rate mortgages are tempting to borrowers because they can be paid off with no penalty. Are they worth it? Using current interest rates, today's post puts the numbers to the test and compares the cost of open- vs. closed-term financing solutions. As you will see, the results are both surprising and definitive.
August 24, 2010
Today's post introduces a new feature on our website called "The Deal of the Week", which highlights the best mortgage deal currently available. Our inaugural offer is one of the best to come along in a very long time.
August 17, 2010
Reverse mortgages are growing in popularity as an increasing number of baby boomers reach retirement age. While categorized as a mortgage, this type of loan has unique characteristics that make it quite different from other forms of traditional financing. Today’s post explains how reverse mortgages work and examines the strengths and weaknesses of this financing option.
July 6, 2010
If the current heat wave has you thumbing through the cottage listings and yearning for an escape, then today's post on financing for vacation properties and second homes will be of interest. We give you an overview of what lenders are looking for and offer some perspective on how they view these deals.
June 22, 2010
If you want to buy a house and have a down payment of less than 20%, you are required to buy mortgage loan insurance on behalf of your lender. Today's post explains how loan insurance works and offers some suggestions to the powers that be for how we can make it better.
June 15, 2010
Are we headed for deflation or inflation? If it's deflation, choose variable, but for runaway inflation, go fixed. Can't decide which scenario is more likely when even the experts don’t agree? If you’d rather hedge your bets, consider my safe mortgage approach.