Mortgage Blog

Category: Mortgages (10 posts)

Why Borrowers May Choose a Private Mortgage

February 25, 2021 | Posted by: Ronice Harrison

Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the ...

How to Handle a Mortgage After a Separation or Divorce

February 10, 2021 | Posted by: Ronice Harrison

Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq ...

Five Tips for Buying a Condo

November 9, 2020 | Posted by: Ronice Harrison

Yaaay! You finally got enough to facilitate the down payment of your first condo, or perhaps this is your investment property. Here is a simplified guide that includes some tips for buying a condo.& ...

Reverse Mortgages – Impact on Heirs

September 9, 2020 | Posted by: Ronice Harrison

How do Reverse Mortgages Affect Canadian Heirs? For Canadian seniors, there is a great way to get the most out of the equity in their homes. Home prices tend to rise, and equity builds in the prope ...

When Is Mortgage Refinancing a Bad Idea?

June 10, 2020 | Posted by: Ronice Harrison

Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when inter ...

5 Smart Ways to Use a Home Equity Line of Credit

April 22, 2020 | Posted by: Ronice Harrison

For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a ...

What should you consider when refinancing your mortgage?

April 8, 2020 | Posted by: Ronice Harrison

Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y ...

Should You Pay Off Your Mortgage Early?

March 13, 2020 | Posted by: Ronice Harrison

It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will ex ...

Should You Spend the Full Mortgage Amount You're Approved For?

February 14, 2020 | Posted by: Ronice Harrison

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...

Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

February 7, 2020 | Posted by: Ronice Harrison

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...