Ron Lefebvre explains the impacts of the Liberal plan and the Conservative plan for supporting first-time home buyers on today’s radio broadcast of The Ryan Jespersen Show on 630 | CHED.
It’s happened to many people and now the deed is done. You’ve missed a few payments, you’ve overdrawn an account or two, you’ve maxed out your credit and are hiding like an ostrich with its head in the sand. Now What?
If any of the above situaltions hs ever happened to you then here are some helpful tips to get you back on track so you can improve your credit score and ensure you get the best mortgage options available.
Did you ever hear some mortgage lingo and find yourself confused about the meaning? Mortgage Amortiztion. Mortgage Term. Say What? In Canada, a mortgage contract contains all the conditions that you follow while you have your mortgage. You are bound to this contract for the TERM of your mortgage, which in Canada is typically five years.
However, your mortgage will likely not be paid off within that five year period as the current most common length of a mortgage is 25 years; this is the AMORTIZATION. [Read more…] about Amortization vs. Mortgage Term
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
We’re thrilled to see that our very own Brandon Scott was included in the Canadian Mortgage Professionals 2019 Hot List. This year’s Hot List represents the best and brightest the industry has to offer.