Interest Rates Dropping - March 27, 2019
In the past couple weeks we have seen interest rates drop lower and lower that are being offered by the lenders on fixed rate mortgages. ...
New Year & New Goals
It is that time of year where people set goals for themselves. For many people I speak to at the start of the year it is the year that...
Prepayment Options
Mortgages often have options that you can exercise to pay down your mortgage principle faster. Exercising these privileges will help you...
3 Things you didn't know about Mortgage Insurance
There is a way for this type of insurance to be fully underwritten should your Mortgage Broker fill out the paperwork in a specific way. ...
3 steps to saving money at renewal time
Want to know how to save money at mortgage renewal time? Get your mortgage renewal letter and offer from your lender. Send this letter to...
19 Items that affect YOUR interest rate
In today’s complicated mortgage market the difference between “what is your best interest rate” and “what Is my interest rate” may be...
Why get pre-approved with a broker?
Did you look at only one home when you wanted to purchase? What about only homes listed by a particular real estate agent? No, you look...
What does Loan To Value (LTV) mean?
The loan to value (LTV) is the total mortgage amount divided by the appraised value of the home at the time of the loan. The two types of...
Mortgage Term Length
The mortgage term is the length of time of your mortgage commitment. Typical terms are 1, 2, 3, 5 and 10 years. "The most common...
The Amortization Difference
The amortization term is the lifetime of your mortgage. Changing your amortization term greatly affects your payment amount; making it...
