The Canadian Mortgage and Housing Corporation (CMHC), is a government-owned entity, that was established in 1946, to help returning veterans access housing. Several decades later it has become the gateway for all Canadians to able to access the housing market. The policies and guidelines set in place by it are designed to protect consumers and […]
Read MoreWhile it is not the best time to refinance due to rising interest rates, you might still consider refinancing if you want to tap into your home’s equity. If you’re considering refinancing your mortgage, here’s how it works and what options are available to you. When you opt for a mortgage refinance, you replace your […]
Read MoreAside from mailing a check each month for your mortgage payment, there are other ways to pay your mortgage that are convenient, reliable, and cheap. Here are the pros and cons of the various mortgage payment options. 1. How to pay your mortgage with online banking The easiest option for most homeowners is to pay […]
Read MoreAt the start of your mortgage journey, it is important to see a mortgage adviser or mortgage broker whether it is the first mortgage or is looking to re-mortgage. It will save you more time & effort in the long run. A mortgage getting is your biggest financial decision, so it is important to get it right. A […]
Read MoreConsiderate how much the payments of mortgage will be is an essential part of attaining a mortgage that you can easily afford to service long term. A mortgage payment calculator can help you better recognize your estimated payment amount for borrowing to buy a home. For exact amount details, this tool can test different kinds […]
Read MoreIn the 2021 end, Mortgage rates constant their up & down pattern. Mortgage interest rates rose to 3.11% on average till 30 December 2021. According to Freddie Mac, mostly the latest jump followed sideways movement because the fixed-rate average of 30 years has fluctuated among 2.98% & 3.14% since 28 October 2021. It reflects the […]
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