Thursday, November 3, 2011

Which Payment Options For a Mortgage Are Right For You?

by Chris O' Sullivan - cosullivan@mortgagwriters.ca

The answer to this question depends on one two things: One’s current financial situation and do you want to save on paying the interest part of the mortgage....

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Wednesday, October 26, 2011

Is it the time to lock into a fixed – rate mortgage?

This is the question that I get most asked: Should I go with a fixed or variable mortgage?

In the past, when the spread between the variable and fixed rates were way farther apart, it was an easy answer,...

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Wednesday, January 19, 2011

Canada Mortgage Update - Rates Tightening Again

Well, we finally have some details and insight for the 2011 housing market, and it's about to get tougher for new home owners, and even those currently in the market.

There have been significant announcements...

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Wednesday, September 8, 2010

Is Now The Time To Lock In Your Mortgage?

Now might just be the best time to lock into a fixed-rate mortgage, especially for those homeowners on a tight budget, according to an expert broker.
 
The Bank of Canada hiked its overnight lending...
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Tuesday, June 15, 2010

Canada Won't Fall Vicitm To Foreclosure Wave - Report

Story courtesy of the Financial Post

Canada’s housing market is expected to cool off this year and next, but isn’t at risk of falling victim to a U.S.-style foreclosure crisis anytime soon, according to...
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Monday, March 1, 2010

Ottawa Tightens Mortgage Rules

OTTAWA — Finance Minister Jim Flaherty tightened mortgage rules on Tuesday and, in doing so, may have taken the steam out of a housing market that had seen prices and sales activity rise rapidly over the...
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