Tag: mortgage
Online Mortgage Calculators: Homebuyers Make Use
By: Elias KellendonkThe online mortgage calculator does all the math for you, and is a great asset in determining your true budget for home buying.
Canada’s Mortgage Broker Count Plateaus
By: The Super BrokerCAAMP says that there are nearly 20,000 Canadians holding mortgage broker and mortgage agent licenses in Canada. Of these 20,000 mortgage professionals, it is assumed that only 12,000 are currently active.
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.
Making Pre-Payments Before you Discharge your Mortgage
By: Elias KellendonkThough rules vary from lender to lender, making a hefty pre-payment towards your mortgage before you discharge can yield positive effects.
Private Mortgage Insurers Re-Surface in Canada
By: The Super BrokerIn recovery from the mid-2007 crisis faced by mortgage default insurance companies, private mortgage insurance has become popular once again.
What to Look for in a Mortgage Broker
By: The Super BrokerWith a growing number of brokers entering the Canadian mortgage market, how do you find the one that will work best for you?
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
HSBC Closes Doors to Mortgage Brokers
By: The Super BrokerHSBC mortgage products were often attributed lengthy turnaround times, and only put forward occasional rate promotions.
Canadians Increasingly Looking to Hybrid Mortgage Products
By: The Super BrokerHybrid mortgages grant homeowners the best of both mortgage rate worlds and manage risk.
Mortgage Insurance is Not Just for High Ratio Loans
By: The Super BrokerMortgage insurance protects the lender in the event the mortgagor defaults on their mortgage payments.