Super Brokers News
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.
Are Mutual Funds Underperforming?
By: The Super Broker78 per cent of actively managed mutual funds under-perform the general stock market index.
Is the security afforded by a long-term mortgage worth the added cost?
By: Elias Kellendonk12 per cent of Canadian mortgage holders opt to lock in to terms longer than five years; is the stability worth the added cost?
Debate on the ‘No Money Down’ Mortgage
By: Elias KellendonkThe purchaser will be paying interest on every dollar of the home’s value, as opposed to nicking off a good chunk, interest free, with a down payment.
Investing in Renewable Energy and other Green Initiatives
By: Elias KellendonkCanadian renewable energy trusts are one of the many green investment options available to both Canadian and US investors.
Commercial Mortgages Seeing Increased Funding Outside of Banks
By: Elias KellendonkForeign lenders, outside of large banks and insurance companies, are upping the commercial financing available for non-prime commercial borrowers.
Methods of Improving Your Credit Score
By: Elias KellendonkYour credit score is one of the weightier elements used by lenders to determine your eligibility to receive financing and to decide the rate they will charge for your mortgage.
Canadian Study Finds Having a Financial Plan Yields Greater Savings and Security
By: Elias KellendonkThe study, ordered by the Financial Planning Standards Council (FPSC), found that of the 20 per cent, or less, Canadians who actually employ a financial planning strategy, virtually all state that doing so has affected an increased ability to save, and an improved sense of security and lifestyle comfort.
Create a Budget
By: The Super BrokerIf you have no investments but want to start investing, you need a budget to determine how much you can safely afford to invest each month.