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What You Need to Know About Collateral Charge Mortgages

What You Need to Know About Collateral Charge Mortgages

by Robert Stanfield | Sep 27, 2019 | Blog, Economy, Homeownership

Did you know that several lenders today are exclusively offering collateral charge mortgages? This means it’s more important than ever to understand the differences between a collateral and a standard charge mortgage before signing your mortgage commitment.   The...
When Does a Private Mortgage Make Sense?

When Does a Private Mortgage Make Sense?

by Robert Stanfield | Sep 20, 2019 | Blog, Economy, Finance, Homeownership, Mortgage

More Canadians than ever before have become familiar with private mortgage options after feeling the effects of the stringent stress test mortgage qualification rules introduced in January 2018.   While private mortgages have been around for many years, they were...
You Can Finance Your Home & Cover Reno Costs Together

You Can Finance Your Home & Cover Reno Costs Together

by Robert Stanfield | Sep 13, 2019 | Blog, Economy, Finance, Homeownership

You Can Finance Your Home & Cover Reno Costs Together You Can Finance Your Home & Cover Reno Costs Together   Buying a move-in ready home isn’t for everyone. In fact, many people fall in love with a house because of, not in spite of, its need for...
Is Your Mortgage Coming Up for Renewal? Be Sure to Negotiate!

Is Your Mortgage Coming Up for Renewal? Be Sure to Negotiate!

by Robert Stanfield | Aug 16, 2019 | Blog, Economy, Homeownership, Mortgage

Prior to securing your first mortgage, you considered a number of different factors such as the rate, term, amortization period and other important features. So, before your mortgage reaches its maturity date (in five years or however long it has been set), it’s...
What Are My Mortgage Repayment Options?

What Are My Mortgage Repayment Options?

by Robert Stanfield | Aug 2, 2019 | Blog, Economy, Homeownership

Not only is it important to choose the right mortgage product and rate that’s catered to your unique needs, but it’s also vital to repay your mortgage in a way that will save you the most money.   The schedule you choose for your mortgage repayment can have a...
How Does the New First-Time Home Buyer Incentive Program Work?

How Does the New First-Time Home Buyer Incentive Program Work?

by Robert Stanfield | Jul 12, 2019 | Blog, Economy, Homeownership, Mortgage

Over the past several years, it has become increasingly difficult for many people, particularly first-timers, to enter the housing market. This is due to a variety of factors, but most notably tighter mortgage rules implemented by the federal government – including...
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