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.
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Starting June 1st the stress test is changing. Qualifying rates are changing from 4.79% to 5.25%. This isn’t a significant change but it does reduce your buying power by about 5%. Watch my full video, I explain how this affects you. Please don’t hesitate to contact me with further questions you may have.
What is a collateral charge mortgage? Here’s what to know about a collateral charge mortgage. A mortgage can be registered two ways: Standard Charge Collateral Charge Collateral charge mortgages have pros and cons. You need to understand what it is, and that you have a choice. Watch the video below, where you learn more about …