Choosing a fixed or variable rate mortgage mainly depends on your situation. If you are looking to save the most amount of money or if you need stability month to month. It’s best if we have a discussion to find what’s best for you.
So you’re thinking about moving…most will reach out to their realtor first, but as a mortgage broker, I think your first call should be to your mortgage broker. You should be checking with your mortgage broker to see if your mortgage is portable, so you can move it from one home to another. Watch my …
What is mortgage insurance? When does it apply to me? Mortgage insurance is a premium that’s added to your mortgage when you have less than 20% down. It unfortunately doesn’t protect you, but protects the lender in the even of default. Here’s what you should know about mortgage insurance:
The housing market does not make any sense right now. How does the province of Alberta have a 20% effective unemployment rate (taking into consideration underemployment), while the Canadian central bank has bought $180 billion of Government of Canada bonds (quantitative easing), we are in round 2 of a worldwide pandemic, and the housing market …
What The Heck Is Going On With The Housing Market? Read More »
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