Latest Mortgage News

Common Mortgage Terms You Should Be Familiar with When Applying for One

March 9th, 2017MortgagesComments Off on Common Mortgage Terms You Should Be Familiar with When Applying for One

When applying for a mortgage for the first time, you will definitely end up having to deal with a few terms common to the mortgage industry. If you don’t have a background in finance or commerce, understanding such terms can be difficult the first time you come across them, which means that it will be […]

Read More

Personal Finance Issues That Can Affect Your Mortgage Rates

March 7th, 2017MortgagesComments Off on Personal Finance Issues That Can Affect Your Mortgage Rates

Getting a mortgage for the first time is usually a tricky issue for many people, particularly if they don’t have a background in finance and mortgages. It is usually a good idea to do extensive research before signing up for a mortgage, since it will be a long-term commitment which will require you to sacrifice […]

Read More

Mortgage Affordability: Learning To Determine How Much Debt You Can Afford

March 5th, 2017MortgagesComments Off on Mortgage Affordability: Learning To Determine How Much Debt You Can Afford

Applying for a mortgage is a technical process. There are many financial and housing market factors which affect the availability and affordability of mortgages for many people. Basically, if you want to get lowest mortgage rates in Quebec, it would be imperative for you to go through all the technical issues that affect the affordability […]

Read More

Common Mistakes That Will Mess Up Your Home Mortgage Closing

January 19th, 2017MortgagesComments Off on Common Mistakes That Will Mess Up Your Home Mortgage Closing

The process of applying for a mortgage can be long and tiring for many. This might include a lot of paperwork, going through your finances meticulously and in some cases even waiting for a few months for your credit score to improve. Once you have gone through all these stages, applying for the mortgage and […]

Read More

These 5 Steps Will Ensure You Never Miss Any of Your Mortgage Payments!

January 10th, 2017MortgagesComments Off on These 5 Steps Will Ensure You Never Miss Any of Your Mortgage Payments!

Being long term forms of debt, mortgages are financial instruments that need careful planning if you are to benefit from them. There are many instances where people end up regretting having taken up a mortgage, but this does not mean that taking one is a huge gamble. Though there are some negative experiences, most people […]

Read More

How To Find A Secure Mortgage Broker

January 4th, 2017MortgagesComments Off on How To Find A Secure Mortgage Broker

Not everybody has the financial capacity to purchase a home with his own savings. Normally, you need to take some additional finance from an outside agency. Such loans are funded by various organizations such as banks, mortgage brokers and lenders, and others. Almost near everyone, there are situated a number of home loan lenders. But […]

Read More

Why You’re More Tied To Real Estate Than You Think (And What You Can Do About It)

January 4th, 2017MortgagesComments Off on Why You’re More Tied To Real Estate Than You Think (And What You Can Do About It)

Like all natural phenomena, real estate prices can rise or fall flat at any time. Though a drop in prices may be good for would-be investors or house buyers, it would play hell on your real estate investment portfolio, if you had one. Every coin has two sides. What may be best for short sellers […]

Read More

How To Prepare For The Housing Crash That May Not Actually Happen

January 4th, 2017MortgagesComments Off on How To Prepare For The Housing Crash That May Not Actually Happen

It is déjà vu time in the housing market in Canada. Most Canadians have been very enthusiastic about their glorious housing bubble, fueling it with a fathomless willingness to pay whatever the asking price. This is happening, even when international financial institutions and regulators sounded the siren when high mortgage rates “Alt-A” loan scandals appeared […]

Read More

Can I Remove A Name From A Joint Mortgage Without Refinancing?

December 21st, 2016MortgagesComments Off on Can I Remove A Name From A Joint Mortgage Without Refinancing?

There are various reasons that lead people to apply for a joint mortgage. For example, most married couples prefer to apply for a joint mortgage for their new family home. Joint mortgages are easy to qualify when both parties meet all the necessary requirements needed to apply for a mortgage. However, sometimes things change and […]

Read More

Strategies On How To Stop Foreclosure On Your House

December 21st, 2016MortgagesComments Off on Strategies On How To Stop Foreclosure On Your House

It is unfortunate that sometimes life does not turn out as we may want and some events lead us to get into a financial strain. When you are unable to pay your mortgage, you stand a chance of losing your home. Your lender files a Notice of Default when you miss more than 3 mortgage […]

Read More