For a first time home buyer, there may be a few surprises when it comes to purchasing your first home. Many eager home buyers save up the minimum down payment […]
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Look at all the Variables
In this article I’d like to focus on Variable Mortgages. For the most part everyone knows what a Fixed Rate Mortgage is, as its the most common mortgage product. For […]
Interested In Interest Only?
In case you didn’t know, Interest only mortgages do exist. These are mortgages that you do not have to pay towards the principal but only the interest. These types of […]
Know Your Equity
Equity can be taken out of your home to do many things, depending on your needs. Similar to a bank account that increases as the mortgage is gradually paid off […]
Down Payment Possibilities
The mortgage options you qualify for depend on multiple factors. One of the most important being the down payment. The required minimum down payment in Canada is 5%. When purchasing […]