Articles on Mortgages All Articles
Mortgage Financing for mobile homes
ADVICE Author: Caroline Lennox
Thought you might like to see an example of one lender's criteria for mobiles o.a.c.:
Must be registered and on own land Must be CMHC insured unless unit is brand new, in which case 60% LTV m ... read moreWill CMHC Be – JUST SOLD
ADVICE Author: Mark Fidgett
As you may or may not know, because of recent concerns, CMHC has been placed under the supervision of the Office of the Superintendent of Financial Institutions.
I found the following article by Garr ...
read moreAuxilium Mortgage Monthly Newsletter - May 2012
RESOURCE Author: Kam Brar
Cash Back: Some Ins and OutsI was talking to one of my friends the other day, and he told me an interesting story about what happened to him while he was at home having lunch the other day.&nb ...
read moreWHAT IS A REAL ESTATE APPRAISAL
ADVICE Author: Caroline Lennox
An Appraisal is a document that gives an estimate of a property’s fair market value, provided by an appraiser. Appraisers are trained to use existing, market data to do the home valuat ...
read moreKam's Mortgage Minute - Top Ten Reasons to Payout your Debt_#5
ADVICE Author: Kam Brar
May 03, 2012
Reason Number 5
read moreWhat finance means. How do lenders price their mortgages today
RESOURCE Author: Chris Murphy
Want to know why your mortgage costs may be going up? How is it that you got a better rate as a first time home buyer than your Father on renewal? It's not complicated but the cost of mortgage mo ...
read moreZero down could be a limited time opportunity.
ADVICE Author: Caroline Lennox
Zero-down payment can help get Canadians into their homes faster, saving potentially thousands in rent, and giving them a jump start on building wealth.A cash-back mortgage that provides the cash upfr ...
read moreKam's Mortgage Minute - Top 10 reasons to payout your debt_#4
ADVICE Author: Kam Brar
April 30, 2012
Reason number 4
read moreYour credit report, Beacon score and how they are used when you apply for a regular or 'bad credit' mortgage
ADVICE Author: Caroline Lennox
When you apply for a mortgage or a pre-approval in Canada, your mortgage broker or bank salesperson will request a Credit Report from either Equifax or TransUnion. These are the same organizatio ...
read moreMortgage Qualification, Do I qualify?
HOW-TO Author: Mark Fidgett
With all the negative publicity lately about mortgage credit tightening, people sometimes think they can’t qualify for a mortgage so why try?
In fact, it’s often the case that people wh ...
read moreMortgage Tightening Annoyance
ADVICE Author: Kam Brar
Last month in April, Finance Minister Jim Flaherty stated, “I’ve tightened up the mortgage insurance market three times… I really don’t want to do it again.”
Some Large ...
read moreCanada to Introduce Budget Bill That May Alter CMHC Rules
RESOURCE Author: Mark Fidgett
Interesting article in Bloomberg today
“Canadian Finance Minister Jim Flaherty plans to introduce legislation as early as tomorrow that may contain changes to the oversight of Canada Mortgage & ...
read moreBC HST grant for owner-built secondary or residential properties
ADVICE Author: Caroline Lennox
Recently I wrote to the Ministry of Finance to ask how the recent changes in HST to include secondary and recreational residences work when a person builds on their own lot, or buys a vacant lot and t ...
read moreEligibility requirements for BC's First Time New Home Buyer $10,000 bonus
ADVICE Author: Caroline Lennox
read moreKam's Mortgage Minute - Top 10 reasons to payout your debt_#3
ADVICE Author: Kam Brar
April 20, 2012
Reason Number 3
read moreKam's Mortgage Minute - Top 10 reasons to payout your debt_#2
ADVICE Author: Kam Brar
April 19, 2012
Reason number 2
http://www.youtube.com/watch?v=fdboKQd78c4&feature=relmfu
read moreKam's Mortgage Minute - Top 10 reasons to payout your debt_#1
ADVICE Author: Kam Brar
April 18, 2012
Reason Number 1
http://www.youtube.com/watch?v=OU6kcDtjb6U
read moreAre Interest Rates Going Up in Canada?
ADVICE Author: Mark Fidgett
Are interest rates going up in Canada? If yes, when?
If only I had a penny for every time I heard this question. Or should I say, a dime, pennies are history…
All kidding aside, this is a ver ...
read moreHow to Establish Credit and help your kids Vancouver
HOW-TO Author: Mark Fidgett
Today’s mortgage question comes from a long time client.
“How Can I Help My Daughter as it relates to credit and mortgages”
This is a great question. Everyone needs to have the abi ...
read moreCredit No No with Vancouver Mortgage Broker Mark Fidgett
ADVICE Author: Mark Fidgett
What’s the #1 thing you must not do after you apply for a mortgage?
You may be surprised to know this can really affect the mortgage approval process…
Vancouver mortgage broker Mark F ...
read moreKam's Mortgage Minute - Canadian market slows
ADVICE Author: Kam Brar
March 17, 2012
real Estate market slows from 2011
read moreWhere is your real home buying limit?
ADVICE Author: Chris Murphy
As a mortgage broker, I am seeing more clients and first time home buyers walk in with a pretty good idea of what they want to buy. The question I continue to ask is "do you really know your ,imits" I ...
read moreBuying a Home: The Main Players
ADVICE Author: Caroline Lennox
Purchasing a home means relying on a range of professionals to guide you through the process. For first time home buyers in particular, it helps to be acquainted with these specialists and their roles ...
read moreKam's Mortgage Minute - Mortgage debt not so bad
ADVICE Author: Kam Brar
April 13, 2012
Mortgage debt not as bad as thought
read moreKam's Mortgage Minute - McLeans Magazine's opinion on the housing market
ADVICE Author: Kam Brar
April 12, 2012
McLeans Magazine on the housing market
100% 100%Share Add to Cancel
read moreLet Common Sense Prevail
ADVICE Author: Kam Brar
The author of the book, The Millionaire Next Door suggests that if you give up smoking and save the money you have been spending on smoking you can save a very nice chunk of cash in your life time. &n ...
read moreKam's Mortgage Minute - How rising interest rates effect my mortgage payments
ADVICE Author: Kam Brar
March 11, 2012
How rising interest rates effect my mortgages payments upon renewal
read moreWhen will rates rise again?
ADVICE Author: Darren Rossi
For debtors, today’s historically low interest rates have constituted somewhat of a fool’s paradise. Central banks around the world, including Canada’s, have kept interest rates as c ...
read moreKam's Mortgage Minute - Bank of Canada qualifying rate?
ADVICE Author: Kam Brar
April 10, 2012
What is the Bank of Canada qualifying rate all about?
read moreKam's Mortgage Minute - Canadian housing market
ADVICE Author: Kam Brar
April 09, 2012
Canadian Housing Market
read moreBC First Time New Home Buyers Bonus
RESOURCE Author: Kam Brar
BC First Time New Home Buyer Bonus
This new and exciting program is a one-time payment worth up to $10,000 (non-taxable, meaning it won’t be added to your income) for BC residents who are first ...
read moreDear Realtors, Make money in any market . . .
ADVICE Author: Hani Faraj
Dear Realtors,
As a mortgage broker and past client, I know the value that good realtors bring to this industry. Having a realtor can save clients thousands of dollars by helping clients avoid ...
read moreBuying a Home - The Property has to Qualify too! Be prepared.
ADVICE Author: Caroline Lennox
When lenders give you a mortgage, they look at "Risk". It’s all about Risk for them!Even if they consider you low risk, the property must satisfy their requirements too.
Making an ‘unco ...
read moreWhy it Matters -Bank of Canada
ADVICE Author: Caroline Lennox
The Bank of Canada has raised their Benchmark Rate to 5.44% from 5.24%. This is important for people applying for a mortgage with an "A" lender if they have less than 20% as a down payment. ...
read morePurchase Plus Improvements with Vancouver Mortgage Broker Mark Fidgett
HOW-TO Author: Mark Fidgett
As a mortgage broker in Vancouver, I thought I'd seen it all when it comes to mortgages and financing real estate in Vancouver. Well that sure changed a couple of weeks ago. I did something that ...
read moreKam's Mortgage Minute - ICBC
ADVICE Author: Kam Brar
March 04, 2012
Kam's thoughts on ICBC
10 read moreKam's Mortgage Minute - Investing in Hawaiian Real Estate
ADVICE Author: Kam Brar
April 03, 3012
What you need to know when investing in Hawaiian Real estate
read moreHow are Mortgage Brokers Different than Bankers?
ADVICE Author: Caroline Lennox
What is a mortgage broker?
Mortgage brokers are different than bankers. But, a lot of people don't know who we are, or what we do. And there's a common misconception that you have to ...
read moreThe Shortest Path to your Best Mortgage
ADVICE Author: Caroline Lennox
If you are thinking about purchasing a new home, don’t wait until you find the perfect home to get pre-approved. Make sure your credit is healthy and find out how much you can qualify for ...
read moreKam's Mortgage Minute - Minister Flaherty's Federal Budget
ADVICE Author: Kam Brar
March 29, 2012
Minister Flaherty keeps mortgage rules pat.
read moreShould I pay down my mortgage or contribute to my RRSP or TFSA?
ADVICE Author: LEE IVANS
You've probably wondered whether it is smarter to invest money in your RRSP , TFSA or pay down your mortgage.This is probably one of the most commonly asked personal finance questions in Canada ...
read more2.99 rates going away with several lenders by 5 pm today. Act Now.
ADVICE Author: Caroline Lennox
Several lenders are doing away with the 2.99% 4 and 5 year term mortgage rate specials, effective 5 pm today. Some have already pulled their 3.99% 10 year term specials.
Nobody truly knows what ...
read more20 Minute Mortgage Master: My new book.
ADVICE Author: Hani Faraj
As a Vancouver Mortgage broker, I have helped many families in Ontario and British Columbia with their financing needs. What I enjoy most is helping people with their mortgage questions. ...
read moreKam's Mortgage Minute - Flaherty straight with banks
ADVICE Author: Kam Brar
March 27, 2012
Minister if Finance Jim Flaherty is straight with the Big Banks... No B.S.
read moreKam's Mortgage Minute - What the Big Banks don't tell you about 10 year mortgages
ADVICE Author: Kam Brar
March 26, 2012
What the big banks aren't telling you about 10 year mortgages
read moreAre cash-back mortgages a gimmick? What about for a free downpayment?
ADVICE Author: Caroline Lennox
I've often heard concerns about cash-back mortgages being a gimmick.Is this true? Each situation is unique for borrowers and that my job as as a mortgage broker is to give them unbiased adv ...
read moreKam's Mortgage Minute - How to mortgage a rental property
HOW-TO Author: Kam Brar
March 21, 2012
How to get the financing you need for rental properties
read moreHave a line of credit? There may be changes
RESOURCE Author: Chris Murphy
Government regulators continue to closely look at house hold debt. While there is considerable focus on mortgages, the unregulated, un declared portions of a banks portfolio is now under scrutiny. Lin ...
read moreWhy Use a Vancouver Mortgage Broker vs. a Bank?
ADVICE Author: Hani Faraj
Recently more and more first-time homebuyers have opted to do their research and utilize a Vancouver mortgage broker rather than turn to banks, which was the norm just a few years ago. While banks see ...
read morePAYMENT SHOCK
ADVICE Author: Jessi Johnson
Are you at risk of Payment Shock? Perhaps you are and don't even realize it? Payment Shock is the potential issue of incurring a significantly higher mortgage payment at renewal caused by raising ...
read moreKam's Mortgage Minute - Are Canadian mortgage rules changing?
ADVICE Author: Kam Brar
March 19, 2012
Are mortgage rules possibly changing?
read moreShould I take a 5 Year or 10 Year Term Mortgage?
ADVICE Author: Caroline Lennox
In today’s low rate market the choice of whether to take a 5 Year Term or a 10 Year Term is certainly a topic to be discussing.The easiest way to compare these 2 scenarios is with cold hard numb ...
read moreWant to buy? Better know where you are going and what you have in debt
ADVICE Author: Chris Murphy
Great summary found at the CBC website http://tinyurl.com/86nn6gx
If you haven't taken a little time to write allof these important things down, you may be out of control or at leas ...
read moreKam's Mortgage Minute - BC Grow Ops
ADVICE Author: Kam Brar
March 16, 2012
BC's Grow Ops and being a landlord
read moreKam's Mortgage Minute - Student Loans
ADVICE Author: Kam Brar
March 15, 2012
What you should know before signing on that dotted line.
read moreKam's Mortgage Minute - Tax Free Savings Account (TFSA)
ADVICE Author: Kam Brar
March 14, 2012
Tax Free Savings Accout and you!
read moreFrom Uncle Invis- US Feds did not move interest rates. Rate wars continue
ADVICE Author: Caroline Lennox
This just in from "Uncle Invis":"The US Fed did not move interest rates yesterday although Treasury yields increased slightly, continuing a trend that started early in the year when good US economic r ...
read moreKam's Mortgage Minute - IRD Penalties
ADVICE Author: Kam Brar
March 13, 2012
Interest Rate Differential Penalties
read moreKam's Mortgage Minute - Canadian household debt
ADVICE Author: Kam Brar
March 12, 2012
Canadian household debt and mortgage interest rate wars
read moreRate wars - what price rate vs. flexibility
ADVICE Author: Chris Murphy
Great article about what the lenders are doing doing. What to do? http://tinyurl.com/7d3auor
Find an experienced mortgage broker who will take the time to carefully review your short and ...
read more5.5% Cashback for Down Payment promotion ends this month!! Do you Qualify?
HOW-TO Author: Caroline Lennox
TAKE NOTE!
5.5% Cashback mortgage for down payment available!
BUT promo ends soon!
These promotions come and go, but if you are undecided about when to ...
read moreAre lenders lining up to start another rate-war, or are they going to trigger tighter lending rules?
ADVICE Author: Caroline Lennox
There's lots of press out there again about a re-emergence of low-rate mortgages and rate specials from some primary lenders. Please be sure to read the fine print, and ask your mortgage br ...
read moreIs now a good time to buy? The numbers suggest it may be.
RESOURCE Author: Chris Murphy
Lately I have seen more potential home buyers asking about what they can afford. It's ideal for them to make sure they can afford to buy a home and have a life AND keep their debt mangable. That& ...
read moreKam's Mortgage Minute - Greek Debt in Canada
ADVICE Author: Kam Brar
March 7, 2012
Greek debt in Canada?
read moreKam's Mortgage Minute
ADVICE Author: Kam Brar
March 6, 2012
If it's too good to be true it most likely is...
read moreKam's Mortgage Minute - Canadian Debt Continues to Rise
ADVICE Author: Kam Brar
March 5, 2012
Canadian debt continues to climb
http://www.youtube.com/watch?v=ROprq8Fnq9c&feature=youtu.be
read moreClarification - $10,000 incentive for BC First Time Buyers
ADVICE Author: Caroline Lennox
Further to the BC Government's recent announcement of an incentive for First Time buyers...a bit of clarification helps!
UPDATE: March 2, 2011: To clarify, the bonus is not claimed when filing a ...
read moreKam's Mortgage Minute
ADVICE Author: Kam Brar
February 27, 2012
What do the Oscars and you RSP's have in common?
http://www.youtube.com/watch?v=2Uz5kAecCRU
read moreGoing Open-Housing Today?
ADVICE Author: Caroline Lennox
Purchasing a Home or First Time Buyer?You’ve decided buy a home. Before you start looking at properties, make sure you get a solid understanding of your many mortgage financing options. There ar ...
read moreKam's Mortgage Minute - Bank of Canada talks of housing market correction impact
ADVICE Author: Kam Brar
February 24, 2012
The impact of the Canadian Housing Market correction
read moreKam's Mortgage Minute - Canadian Debt High Forcing Later Retirement
ADVICE Author: Kam Brar
February 23, 2012
Retirees having to wait a few more years to retire because of all the debt that they have accumulated.
read moreGreat news for B.C. First Time Home Buyers! $10,000 government incentive
ADVICE Author: Caroline Lennox
Ready to make a move? Apply to get pre-approved for a mortgage! Click here: Let's get Moving
THE B.C. FIRST-TIME NEW HOME BUYERS' BONUSSubject to approval by the legislature, t ...
read moreKam's Mortgage Minute - BC government announces HST housing rebate increase
ADVICE Author: Kam Brar
February 22, 2012
BC government announces HST housing rebate increase
read moreKam's Mortgage Minute - Mortgage Fraud up
ADVICE Author: Kam Brar
February 21, 2012
Mortgage fraud on the rise reports Equifax Canada, consumer credit company
read more10 year term rate for 3.99% mortgage oac? Why not?
ADVICE Author: Caroline Lennox
Come and get it!Several lenders are still offering an incredibly low 10 year term rate of 3.99% closed on approved credit. And these mortgages are selling. Here's what I like about them:1. ...
read moreKam's Mortgage Minute - Quebec tuition hikes
ADVICE Author: Kam Brar
February 20, 2012
Quebec students protest rising tuition hikes
read moreDown Payments - where to get them, how much you need
ADVICE Author: Caroline Lennox
Potential Sources of Down Payments include: Savings Borrowed RRSP’s (Government Programs) Non-repayable Gift from Family Flex-Down products -borrow on your credit cards/lines Free Down Pa ... read morePay down mortgage or contribute to RRSP part 2
ADVICE Author: Chris Murphy
Rob Carrick has been encountering some push back on his premise that paying down the mortgage is best. His second article adds more information worth looking at.
http://tinyurl.com/6ucp5sz
L ...
read moreKam's Mortgage Minute - Tribute to a Legend
ADVICE Author: Kam Brar
February 17, 2012
Tribute to gary Carter a baseball legend
read moreKam's Mortgage Minute - Housing market slows to a crawl
ADVICE Author: Kam Brar
February 16, 2012
Housing market slows to a crawl
read moreKam's Mortgage Minute - Will the Housing Market CRASH?
ADVICE Author: Kam Brar
February 15, 2012
Will the housing market crash?
read moreKam's Mortgage Minute - Valentine's Day and how you "SPEND" it!
ADVICE Author: Kam Brar
February 14, 2012
Valentine's Day and finances
read moreRRSP choices - pay down the mortgage or contribute to RRSP
ADVICE Author: Chris Murphy
This is a great short video off the Globe and Mail. There are some good thoughts that could be applicable for this year, the low mortgage rates and maybe low investment returns.
http://tinyurl.com/7y ...
read moreKam'd Mortgage Minute - War of 1812 and Snooki
ADVICE Author: Kam Brar
February 13, 2012
Kam's discussion on the war of 1812 and Snooki
read moreEnergy upgrades help new buyers and homeowners save some green
ADVICE Author: Caroline Lennox
When the cold weather strikes and you notice drafty windows and increasing utility bills, it may be time to think green. Upgrades to improve your home's energy consumption can give you immediate ...
read moreKam's Mortgage Minute - Banks rates on the rise
ADVICE Author: Kam Brar
February 09, 2012
Bank rates rise and Western population growth
read moreHave rates hit bottom? Those rate specials are being taken off the table.
ADVICE Author: Chris Murphy
This may be the end of the rate drops. Not saying they are going up anytime soon-depends on Europe- but maybe we have hit the low. Not all lenders have increased rates but these bigger lenders want to ... read moreGreek Debt and DND men and women
ADVICE Author: Kam Brar
February 09, 2012
Greek debt and the DND...
read moreWhen Bad Things Happen to Good People: 10 Tips on Obtaining a Mortgage After Bankruptcy
ADVICE Author: Caroline Lennox
Many Canadians find themselves bogged down with a bad credit rating for the wrong reason –illness, losing a job, or simply not understanding consumer credit. Sometimes bad financial situations h ...
read moreKam's Mortgage Minute - Bank Fees on the Rise
ADVICE Author: Kam Brar
February 08, 2012
Bank fees on the rise
read moreRenters wanting buy. How rates can affect their timing.
ADVICE Author: Chris Murphy
Renters and the Rate InfluenceMore than 1 in 4 renters (~28%) are planning to buy a home in the next two years—according to a recent studycommissioned by The Mortgage Group ...
read moreKam's Mortgage Minute - Lenders are tightening up on self-employed mortgage guidelines
ADVICE Author: Kam Brar
February 07, 2012
TD bank tightens up on self employed mortgages
read moreMortgage rate fiaxation - and stay flexible?
RESOURCE Author: Chris Murphy
There has been a lot of chatter surrounding ultra-low rates that were introduced by many banks early this year. But, it’s important to look beyond mere rates into the bigger picture surr ...
read moreKam's Mortgage Minute - Greek Debt and Personal Household Debt
ADVICE Author: Kam Brar
February 06, 2012
Greek debt and Canadian Household Debt. Are the two similar?
read moreHow to get a credit card post-bankruptcy discharge, you have no credit history or your credit rating is poor
HOW-TO Author: Caroline Lennox
Q: How do I get a credit card now that my credit is bad, and/or the bankruptcy has been discharged?A. Secured Credit Cards are a good way to start. You give the issuer an up-front deposit ...
read moreKam's Mortgage Minute - Self Emplyed stated income mortgage
ADVICE Author: Kam Brar
February 03, 2012
Lenders changing rules on stated income...
read moreMortgage Industry in Canada In the News - does it affect you?
ADVICE Author: Caroline Lennox
http://clmortgages.com/index.php?option=com_content&view=article&id=93:mortgage-industry-changes-in-the-news&catid=5:blog&Itemid=8
read moreKam's Mortgage Minute - Do you know more about the Annoying Orange or your Mortgage?
ADVICE Author: Kam Brar
February 02, 2012
It's amazing how many folks know very little about their mortgages but can recite their children's favourite shows word for word.
read moreKam's Mortgage Minute - Self employed mortgages change and Facebook goes to Wall Street
ADVICE Author: Kam Brar
February 1, 2012
Self employed mortgages change and Facebook goes to Wall Street
read moreNew mortgage rules for 1st time buyer? Another look into government concerns
ADVICE Author: Chris Murphy
If the govrnment makes this change - and we dont know when or if - 1st time home buyers will have to find more money for their down payment.
Got Questions on how this would affect your application? C ...
read moreKam's Mortgage Minute - CMHC backing fewer mortgage loans
ADVICE Author: Kam Brar
January 31, 2012
CMHC backing fewer mortgage loans. Should we be concerned?
read moreGet pre-approved and don't miss the Great Canadian Mortgage Sale!
ADVICE Author: Caroline Lennox
Pre-Approvals The days are getting longer and mortgage rates are wonderfully low as the spring housing market approaches. In fact, homeowners are locking in some of the lowest ... read moreNews That Affects your Mortgage
RESOURCE Author: Chris Murphy
There is so much interest in mortgage rates these days. The Banks are fighting for market share using time limited, better- read -the- fine print type of mortgage offerings. What should you be looking ...
read moreKam's Mortgage Minute - Stephen Harper 'major changes to Canada Pensions'
ADVICE Author: Kam Brar
January 27, 2012
Stephen Harper announces major changes to Canada's Old Age Security Pension.
read moreKam's Mortgage Minute - Housing Prices Declining
ADVICE Author: Kam Brar
January 26, 2012
Housing priced in Victoria decline and prime interest rate remains stable
read moreKam's Mortgage Minute - Bank of Canada and Canadian Government send mixed messages
ADVICE Author: Kam Brar
January 25, 2012
Bank of canada and the government... are they on the same page?
read more
Kam's Mortgage Minute - Canadian Economic Growth Slows
ADVICE Author: Kam Brar
January 24, 2012
Canada's economic growth slows, but still leads G7 countries
read moreKam'd Mortgage Minute - Household Debt to Income Ratio
ADVICE Author: Kam Brar
January 23, 2012
Household Debt to Income Ratio
read moreKam's Mortgage Minute - Real Estate Investing
ADVICE Author: Kam Brar
January 19, 2012
Real Estate Investing
read moreKam's Mortgage Minute - Bank of Canada
ADVICE Author: Kam Brar
January 18, 2012
Kam's Mortgage Minute on the Bank of Canada
read moreBest Rates- What's in the Fine Print - Part 2
ADVICE Author: Caroline Lennox
I can't stress this enough...!Restrictive clauses in mortgages *do not* go away at the end of the term.They are there for the full life of the mortgage, term after term.The only main thing that c ...
read moreKam's Mortgage Minute - Record Low Interest Rates
ADVICE Author: Kam Brar
January 17, 2012
View Kam's mortgage minute on Record Low Interest Rates
read moreIs your mortgage a Collateral Charge Mortgage? Gail from Debt 'Til Us Part has some advice for you...
ADVICE Author: Caroline Lennox
Check out what Gail (Debt Do Us Part) says about Collateral Charge Mortgages <<Click linked text.
Author Note - this is not a TD-basher blog - several other lenders are now changing the way mor ...
read moreKam;s Mortgage Munute - CMHC talk of rule changes
ADVICE Author: Kam Brar
January 16, 2011
Kam's Mortgage Minute - CMHC talk of rule changes
http://www.youtube.com/watch?v=hCXV4M7vnts
read moreBest Rates - what's in the fine print?
ADVICE Author: Caroline Lennox
Several lenders are lowering rates on 5 year fixed products and their is a lot of buzz.This is great news for everyone. Still, don't be distracted by 'best rate' offers without as ...
read moreThree Quick Tips for paying down your principal sooner than later
HOW-TO Author: Caroline Lennox
NOTE - All of these tips are subject to what is in your current mortgage contract. To set an appointment for a Mortgage Checkup with Caroline, call 800-757-0412 or text 250-415-9555 for a callback.1. ...
read moreTalk to the Experts on CFAX 1070 with Kam the Mortgage Man
ADVICE Author: Kam Brar
JANUARY 12, 2012 - Talk To The Experts with Kam the Mortgage Man on CFAX
Listen to what Kam has to say on various topics regarding mortgage from Reverse Mortgages to First Time Home Purchaser.
read moreYour Own Bank!
ADVICE Author: Kam Brar
Your own bank!
You need to know what you haven't been told: the right move will make you wealthy, the wrong move will give you warts, figuratively speaking. Why didn't anyone tell you? Beca ...
read moreYouTube Mortgage
ADVICE Author: Kam Brar
Subscribe to YouTube Mortgage Channel
January 12, 2012
Subscribe to my You Tube Channel for the latest and up to date information on mortgages and the housing market. Subscribing to my ch ...
read moreKam's Mortgage Minute - Canadian Consumer Debt
ADVICE Author: Kam Brar
Kam's Mortgag Minute - Canadian Consumer Debt http://www.youtube.com/watch?v=T4sedzeydRI&list=UUmCXwTcdQoj6r44KbLujT2Q&index=2&feature=plcp
read moreHidden Costs of Buying a Home
ADVICE Author: Kam Brar
Hidden Costs of Buying a Home
Home purchase can be stressful for anyone, especially the first time home buyer. There are lots of extra costs besides the actual purchase that they may not ...
read moreKam's Mortgage Minute - Reverse Mortgage
ADVICE Author: Kam Brar
Kam's Mortgage Minute http://www.youtube.com/watch?v=dUyAj27RyJE
read moreCMHC Releases 2011 Canadian Housing Observer a Comprehensive Report on the State of Housing in Canad
ADVICE Author: Caroline Lennox
(Copyright belongs to CMHC)
"The anticipated growth in the influence of seniors on the housing market in the future as their share of the population rises from about 14 per cent to almost 2 ...
read moreAre your monthly debt payments too heavy a burden? Resolve to start building wealth - here's how...
HOW-TO Author: Caroline Lennox
Are you ready to say "I RESOLVE... to clear these holiday bills and start building wealth"?Most Canadians suffer with their highest personal debt load in January, when the "holiday hit" arrives and yo ...
read moreJanuary 2012 Mortgage Newsletter
ADVICE Author: Kam Brar
http://kamthemortgageman.com/mortgage_monthly/Mortgage_Monthly_January2012.pdf
Enjoy,
Kam
read moreBC raises threshold of homeowner grant
ADVICE Author: Caroline Lennox
THE NEW YEAR IS KICKING OFF WITH GOOD NEWS!If you have any questions, call Caroline at 800-757-0412
NEWS RELEASEFor Immediate Release 2011FIN0088-001659Jan. 3, 2012Ministry of Finance
BC raise ...
read moreHold on to your dreams!
ADVICE Author: Caroline Lennox
Please allow me to offer encouragement for you to hold on to your dreams in the midst of economic turmoil and holiday spending hangovers.
As an anonymous poet once said:"Hold fast to dreams.For ...
read moreMortgage News from Caroline - December 2011 edition
ADVICE Author: Caroline Lennox
Mortgage News from Caroline - December 2011 edition
An easy-to read monthly article with with helpful tips and advice as well as news about mortgage rates, delivered to your inbox. (PDF fo ...
read moreAdvice for New Couples
ADVICE Author: Caroline Lennox
Get the mortgage first, then the car payment"..one of Caroline's favourite pieces of advice. Why? Ask Caroline about Debt RatiosSome other tidbits of advice
1. Investigate Flex-down, Cash-Back a ...
read moreThe Canadian homeowners' crystal ball: Top Ten for the year ahead
ADVICE Author: Caroline Lennox
Everyone loves to make forecasts for the New Year. With that in mind, we’ve put together a glimpse into the year ahead for Canadian homeowners – so you can plan for some great opportunitie ...
read morePrivate/Alternate Money is relatively cheap right now
ADVICE Author: Caroline Lennox
November 22, 2011
One of the private/alternate mortgage lenders I work with gave me permission to publish their ad promo, as long as I also advise people that it is subject to thei ... read more
Home Purchase Mortgage Tips
ADVICE Author: Caroline Lennox
If you are thinking about purchasing a new home, don’t wait until you find the perfect home to get pre-approved. Make sure your credit is healthy and find out how much you can qualify for bef ...
read moreWhat could you do with $25,000? Draw Ends Dec 31, 2011. Enter today!
RESOURCE Author: Caroline Lennox
Caroline Lennox, your Invis mortgage broker, invites you enter for a chance to win $25,000 in the the Invis Now I Can draw.
click here NowICan to enter:
Hurry! The draw ends December 31, 20 ...
read more7 and 10 YEAR terms are attractive when lates are this low
ADVICE Author: Caroline Lennox
Dec 12, 2011 -"The stability of Canadian bond yields has some of our lenders reducing their longer term mortgage rates. For clients who worry about the future direction of interest rates as various ...
read moreMortgage Monthly December Newsletter
ADVICE Author: Kam Brar
Click here to view my mortgage monthly Newsletter for December http://kamthemortgageman.com/mortgage_monthly/Mortgage_Monthly_December2011.pdf
Kam Brar, Mortgage Specialist
Toll Free: 1.877 ...
read moreDown Payment and using RRSP's
ADVICE Author: Kam Brar
http://www.youtube.com/watch?v=fd4hEjL96hQ&feature=relmfu
read moreMortgage Renewal
ADVICE Author: Kam Brar
http://www.youtube.com/watch?v=zEsQYWJAbq0&feature=relmfu
read moreMortgage Savings
ADVICE Author: Kam Brar
http://www.youtube.com/watch?v=R06R8PfYvKE&feature=channel_video_title
read moreImpulse purchase
ADVICE Author: Kam Brar
Call it inexperience or lack of knowledge or just being a little naive. But little mistakes can make the loan process a nightmare. So I would like to give a little advice and hopefully it will go a ...
read moreMortgage Newsletter November
ADVICE Author: Kam Brar
http://www.kamthemortgageman.com/mortgage_monthly/Mortgage_Monthly_November2011.pdf
read moreTop Five Ways to Be Mortgage Free Sooner
HOW-TO Author: Steve Dyment
Every week I get someone asking me if there are any tips or tricks to paying down your mortgage faster. While there are several, some of the best ones aren't that complicated and only require an ...
read moreAdvantages of Refinance
ADVICE Author: Kam Brar
http://www.youtube.com/watch?v=Ril_Q2ExT6g
read moreBudgeting 101
ADVICE Author: Kam Brar
Click the link belowto read my monthly newsletter on Budgeting http://www.kamthemortgageman.com/mortgage_monthly/Mortgage_Monthly_October2011.pdf
read moreCan I still get a '0' down mortgage?
ADVICE Author: Kam Brar
Didn't think '0' down mortgages were still an option, click here to find out:http://www.youtube.com/watch?v=dM3_-EmCnjY
read moreMortgage Application
ADVICE Author: Kam Brar
http://www.youtube.com/user/KamtheMortgageMan?ob=5watch this application video or go to https://auxiliummortgage.com/mortgage-application/to fill out our secure mortgage application
read moreMortgage Advice on UTube
RESOURCE Author: Kam Brar
A little bit of mortgage information!
http://www.youtube.com/user/KamtheMortgageMan#p/a/u/0/R06R8PfYvKE
read moreMortgage Newsletter September
ADVICE Author: Kam Brar
September's Edition of my monthly newsletter: http://www.kamthemortgageman.com/mortgage_monthly/Mortgage_Monthly_Sept2011.pdf
read moreHow to Find The 'Right' Mortgage to meet your needs.
ADVICE Author: Carol Dorn, AMP
Are you confused about the various mortgage options available? Fixed, Closed, Adjustable, Open, Line of Credit......it can be difficult to know which option is best.Call 250-808-5521 for more infor ...
read moreYour Individualized Financing Plan
ADVICE Author: Carol Dorn, AMP
Finding the best mortgage for your needs and your budget can be frustrating. With the wide variety of mortgage products available, there may be options you are not aware of.
If you go from Lend ...
read moreRate Update
RESOURCE Author: Carol Dorn, AMP
Mortgage Rates Are Falling
Rates have dropped significantly over the past week which means it is the perfect time to obtain a 90 or 120 day pre-approval rate hold. You will be guaranteed the lo ...
read moreHas The Bank Declined Your Mortgage Application?
ADVICE Author: Carol Dorn, AMP
Did you know that a Mortgage Broker has many Lender options available. If you do not 'fit' into a traditional banks lending package, call me today. There may be a mortgage option available ...
read moreGot bad credit, heed a home equity loan?
ADVICE Author: Kam Brar
Got bad credit, need a home equity loan?
If you have bad credit and need money, but own a home with equity in it, than a home equity loan may just be the ticket for you. Basically how a home eq ...
read moreBorrowing Fundamentals 101 Part 2
ADVICE Author: Kam Brar
What can I do to build my credit so I can qualify for the lowest rates possible?
Start with baby steps; begin establishing your credit with small manageable loans and or credit card accounts. B ...
read moreBorrowing Fundamentals 101 Part 1
ADVICE Author: Kam Brar
Borrowing Fundamentals 101 (Part 1)
What is Credit?
You can think of credit in many different ways, but at its core I would define it as “the level of confidence and trust a lender pl ...
read moreThe ABC's of Mortgages
RESOURCE Author: Kam Brar
ABC’s of mortgagesHere are some very common mortgage terms and expressions you are bound to hear throughout the mortgage process.
AMORTIZATION PERIOD: The actual number of years it w ...
read moreFour Ways to Pay Down Your Mortgage Sooner
HOW-TO Author: Carol Dorn, AMP
Four Ways to Pay Down Your Mortgage Sooner
Here are four ways to save money on what is likely to be your biggest lifetime purchase.
1. Use Your Tax Refund
Most Lenders allow homeowners ...
read moreMortgage Rates Expected to Remain Low
ADVICE Author: Carol Dorn, AMP
Obtaining a Pre-approval gives you up to 120 days to purchase without any rate increases. For your Free 120 day rate hold, call Carol Dorn, AMP - The Mortgage Mama.
Lower inflation in February ...
read moreDown Payment Options
ADVICE Author: Carol Dorn, AMP
Do you know there are many down payment options when buying a home?
If you are a first-time buyer, you have the option of using your RRSP investments for your down payment. Up to $ ...
read moreThe Right Mortgage Throughout Your Life
ADVICE Author: Tom Mah
Getting married, additions to the family, receiving an inheritance – major life events can have an impact on which mortgage is right for you. It makes sense to revisit your mortgage str ...
read moreSeven Steps to a Higher Credit Score
HOW-TO Author: Steve Dyment
Eventually in life you will come to a point where you need to borrow money. Whether it’s for a new home, car or something else, your credit score will have big impact on whether you get a great ...
read moreMortgage Affordability Rule
RESOURCE Author: OpenHouse Team
The first affordability rule is that your monthly housing costs shouldn't be more than 32% of your gross household monthly income. Housing costs include monthly mortgage principal and interest, ...
read moreWhat is Rent to Own?
HOW-TO Author: Steve Dyment
If you look through the classifieds these days you'll often see headings advertising 'Rent to Own' programs. These programs often have several different names (Lease option, Lease to Ow ...
read more
