Mortgage brokers are trained professionals in the field of financing for those who need loans. Even for borrowers with impeccable credit history and income levels, finding the best terms for a loan is not easy. The top brokers are noted for their ability to locate...
In hard economic times, you may be looking for ways to cut costs, but saving money is not the only reason why you should refinance your mortgage. You can use cash freed up to build a retirement account, do a remodeling project or send your...
For those who are taking out a mortgage for the first time, knowledge of the effect of changing mortgage rates may be very limited. About one-third of first time borrowers expect the interest rate to remain the same over the next five years. Unfortunately, this...
Well it's not good news, but it's not bad news. Luckily here in Ottawa we've remained quite conservative with our home prices and we may just see some increases yet. Mind you, we've also see articles from other institutes saying we'll be seeing up to...
Getting an audit of my 40-year-old home gives me a plan to cut my energy bills in half By Anita Murray, OTTAWA CITIZEN OTTAWA — I have a confession to make. After two years as Homes editor, it’s time to admit that the beautiful homes I feature...
Homeowners who feel the assessed value of their property assessment is too high should appeal. By: Sean Cooper Special to The Star, Published on Wed Mar 06 2013 Homeowners who feel the assessed value of their property assessment is too high should appeal. I did and have...
You know all those neat features on your mortgage that will allow you to get that sucker paid off lickety-split? How many of them have you taken advantage of? If you’re like most Canadians, not many. According to Canada Mortgage and Housing Corporation (CMCH), “27% of...
While it looks like interest rates will remain low for some time, there has been a large swing from variable to fixed-rate mortgages over the past year, says a new report by the Canadian Association of Accredited Mortgage Professionals. CAAMP’s annual report on the state of...
The list for things you should do to your home is endless—change furnace filter, clean gutters, leave a faucet running when it's freezing out—but there are likewise many things you shouldn't do. Of course, "set it on fire", "paint it all black", and "take off...
As the leaves continue to fall in Ottawa, we are seeing an increase in units sold, as well as an increase in average sale price. Members of the Ottawa Real Estate Board sold 1,073 residential properties in October through the Board’s Multiple Listing Service® system,...
MortgageBrokerNews.ca has more questions than answers at this point, but many brokers are both intrigued and nervous about reports the fiercest Dragon in the Den is entering the mortgage industry. “Looks like O’Leary is going into mortgages,” one MortgageBrokerNews.ca reader told us over the phone. “Maybe...