Tag: equity
Refinance and Consolidate Your Mortgage
By: The Super BrokerDebt consolidation or a Mortgage Refinance can cost effectively remove debt, and can make the financing of your future projects that much easier.
Investing for Young People Part 3: Differentiating Mutual Funds
By: Elias KellendonkPerhaps jumping into the stock market has turned out to be more of a chore than you and your child anticipated. If savings bonds and GICs are not offering the rates of return you and your child would like to see their savings yielding, mutual funds are a promising alternative. At current Canadians have well …
Is a Holiday Cottage Within Your Budget?
By: Elias KellendonkWhat you Need to Consider Before Purchasing your Vacation Home There is little more appealing than a second property that provides a getaway from your hectic city life; a place to host family and build memories; and an investment from which rental revenue can be generated during the weeks or months you won’t be using …
CMHC Allows Commercial Financing up to 85 per cent
By: Elias KellendonkWith the Canada Mortgage and Housing Corporation’s multi-unit insurance coverage, a commercial investor can attain up to 85 per cent financing toward their commercial purchase.
Paying off your Mortgage before you Retire
By: Elias KellendonkMore than half of the baby boomer generation has paid off less than 50 per cent of their current mortgage.
Utilizing the Reverse Mortgage to its Maximum Wealth Management Potential
By: The Super BrokerA reverse mortgage frees the equity you have built in your home with very little out of pocket expense – as little as $300 to $600 so long as no title issues are attributed to your property.
Private Commercial Lenders Provide Alternate Route for Commercial Funding
By: Elias KellendonkPrivate commercial lenders, particularly in the commercial mortgage market, are increasingly becoming the go-to for hard-to-fund commercial projects.
Rising Canadian Mortgage Balances could see Downward Shift
By: The Super BrokerAmidst falling housing prices, Canadian mortgage balances have risen for nearly a third of Canadian home owners.
Canadian Home Renovation Statistics
By: The Super Broker50 per cent of (or 2.1 million) Canadian households renovated their homes in 2009, and just over 40 per cent intend to this year.
Falling Housing Prices Mean It's Time To Act
By: The Super BrokerWhen home values begin to decline, it ‘s best to take action before lenders and home insurers start narrowing their allowances