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Blogs

Canada Mortgage Blog

Getting a Mortgage Using Alimony or Child support

September 22, 2011

Can you use Alimony or Child Support payments to help qualify you for a home, with many things in mortgages, every lender has their own opinion and the question is going to have the answer of “Yes,” and “No.” 

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Mortgage Rates

May 31, 2011
I updated my mortgage rates today, they are as follows:

Products Bank Rates Our Rates
2 Year Fixed Rate 3.55% 2.89%
1 Year Fixed Rate 3.50% 2.80%
3 Year Fixed Rate 4.05% 2.99%
4 Year Fixed Rate 4.79% 3.19%
5 Year Fixed Rate 5.29% 3.29%
7 Year Fixed Rate 6.35% 3.99%
10 Year Fixed Rate 6.75% 4.49%
3 Year Variable Rate 3.00% 2.85%
5 Year Variable Rate 3.00% 2.85%
Benchmark Qualifying Rate 5.29% 5.29%
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Posted in Mortgage Rates

Don't Pay For Renovations, Let Them Pay For Themselves

May 24, 2011
Don’t Pay For Renovations, Let Them Pay For Themselves. Chances are you already have enough equity in your home to pay for renovations. But before you increase your debt, consider whether it's good debt or bad debt. While bad debt is used to make a purchase that depreciates, good deb...
0 Comments  |  Posted in Refinance