Deciding Between a Variable or Fixed Rate Mortgage

Deciding Between a Variable or Fixed Rate Mortgage

As you may know, a fixed mortgage has a rate that’s locked in for a set number of years, while a variable mortgage has a rate that floats with market conditions. On average over time, you’ll usually come out ahead with a variable mortgage. The reason for this is the...
Protect yourself from Mortgage Fraud

Protect yourself from Mortgage Fraud

What is Mortgage Fraud? Mortgage Fraud occurs when someone deliberately misrepresents information to obtain mortgage financing that would not have been granted if the truth had been known. Examples of Mortgage Fraud can include: Misstating your position or inflating...
Get Rid of Your Holiday Debt Hangover

Get Rid of Your Holiday Debt Hangover

Oh the Holiday Debt Hangover! The downside of last month’s festivity and generosity is this month’s credit card bills. You may suddenly be looking at some huge balances with no idea how to pay them off. And what’s worse, you’ll be paying anywhere from 10-20% interest...
Why it Pays to Use a Mortgage Broker

Why it Pays to Use a Mortgage Broker

Why use a Mortgage Broker? Today’s mortgage consumers are faced with so many different lenders, with different mortgage products and different rates than ever before.  Current mortgages can be quite complicated and you really need to work with someone, like a mortgage...