Canadians plan to take longer to pay off their mortgages, maybe even 35 years, but they don't expect it to affect their retirement plans. Something in that plan just doesn't add up.
Trimor Home Finance has a fantastic opportunity to save YOU thousands of dollars on your mortgage!
With the recession still lingering in today’s real estate market, a big challenge affecting many is what to do when their existing home has not sold and they have committed to purchasing a new one. Can you still qualify for the new home? There are flexible options when this predicament arises – all depending on the equity that you as the borrower may have in your personal financial world.
In addition to the provincial and municipal rebates that you may be eligible for when you upgrade your home (windows, furnace, roof, etc...), you could also save on your mortgage default insurance premiums if you buy a green home or upgrade your current one?
As a team of Canadian Mortgage Specialists, one of the most professionally satisfying transactions we can ever be involved in is helping individuals and families that have recently immigrated to Canada through the ABC’s of purchasing their first home. Through Trimor Home Finance’s extensive lender relationships, we can offer newcomers access to mortgage products with low down payments, regardless of their immigration status.
Considering that at the 'heart' of what we do is to help clients become financially free (or at least better off from a net worth perspective), it's a bit ironic that we help clients acquire property via mortgage loans... That's only step 1. Step 2 is really educating borrowers on how to pay their mortgage off before their contract says they can. Here are four small-but-effective ways that you can save on your mortgage beyond just having a low rate:
Although we're not Realtors, Builders or Developers, as Mortgage Specialists we are often asked by First-Time Homebuyer clients about what the marketplace may offer in terms of housing options for their lifestyle.
It's common for homebuyers and homeowners to want to 'tweak' their surroundings with a touch of personal flair... but where do you get your biggest bang for your buck and what are some of the 'money pits' that you'll likely never see a return on your investment?
A review of the simple concept of why buying makes more sense than renting
As you’ve seen through this past week, the overnight lending rate jumped to 1.00% and subsequently, Prime jumped to 3.00%. Fixed rates have actually come down to the 3.69% range for a 5-year fixed, so this is good news for new homebuyers and those of us that would like to refinance our homes.
November 12, 2010