/Tag: Refinance

Advice for credit challenged clients

In today’s economic climate of tighter credit requirements and increased unemployment rates taking their toll on some Canadians, there’s no doubt that many people may not fit into the traditional banks’ financing boxes as easily as they may have just a year ago. Your best solution is to consult your mortgage agent to determine whether your [...]

By |2019-08-28T20:28:23+00:00December 13th, 2013|Credit Bureau|0 Comments

Is refinancing right for you?

There are numerous reasons why homeowners choose to refinance their mortgages - everything from debt consolidation to freeing up money for their child's education to using their home equity to buy another property. But the most popular reason for refinancing at this time of year is for holiday gift buying and entertainment. Planning ahead really [...]

By |2013-11-19T06:16:15+00:00November 19th, 2013|Mortgage Tips|0 Comments

New Refinance rules wil hurt Canadians

Mortgage brokers: Refinance rules will hurt Canadians Canadian homebuyers know that, when it comes to housing, they should always listen to their mortgage broker. Now, the nation's banking regulatory agency might want to heed their advice as well. New rules proposed by the Office of the Superintendent of Financial Institutions would present a "significant, significant [...]

By |2019-08-28T20:28:33+00:00May 23rd, 2012|Economy|0 Comments

Canadians save $2.7M renewing mortgages

Canadians saved $2.7 billion in the past year renewing or refinancing their mortgages, and the betting money among consumers seems to be that interest rates are not going up any time soon, according to a new survey. The Canadian Association of Accredited Mortgage Professionals says 37 per cent of Canadians opted for a variable rate [...]

By |2011-11-13T19:59:21+00:00November 13th, 2011|Economy|0 Comments