TD Bank will now register its fixed-rate mortgages as collateral charges and will offer you the option of registering your mortgage at 125% of the current value of your home. Should you take this offer, or run?
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.
Should you choose a fixed or variable rate mortgage? After having spent the last decade listening to experts opine on this question I know the one person you should ask. Who? The answer may surprise you.