“What’s your best mortgage rate?” was once a fairly straightforward question. These days, it’s impossible to respond intelligently to it without asking a litany of other questions. So be prepared to play a game of 20 questions to find your best rate in today’s market. Note that thanks to new ...
Continue ReadingA rate lock helps protect your buyers from fluctuating mortgage rates as they’re getting ready to buy a home. It locks in the interest rate for a loan for a certain period of time until the buyer makes it to closing. Your buyers will know what to expect and won’t ...
Continue ReadingThe biggest monthly expense for most Canadians is their mortgage payment. Yet according to an Angus Reid survey, almost 27 per cent of households automatically renew their mortgages when the term is up instead of trying to find a better deal. It also revealed that Canadians are far more likely ...
Continue ReadingAre you the right fit for a hybrid mortgage? Are you the right fit for a hybrid mortgage? theglobeandmail.com Only 1 in 25 Canadians choose the hybrid option, which lets you split borrowing into two or more rates. Save ...
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