Blogs about: Prime Rate Trends
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HOT News: Lenders slashing variable discounts
Hot news for those who are looking for variable rate mortgages. Here is the best deal available today: Prime Rate plus 0.15%. —> 2.40% Wow, this is an excellent rate and is only available … more →
themortgagebroker Blog
Vendor Takeback Mortgages - Why They Rarely Work in Canada
merc359 wrote 3 days ago: People call me all the time wondering if they can use a vendor take back mortgage on the purchase of … more →
HOT News: Lenders slashing variable discounts
mortgagemississauga wrote 3 months ago: Hot news for those who are looking for variable rate mortgages. Here is the best deal available to … more →
Private Lenders - What Are they and What do they lend on?
merc359 wrote 4 months ago: Whenever someone wants a loan the bank won’t do, they call me and ask, “but don’t … more →
Canadian government federal budget to help the housing industry
mortgagemississauga wrote 10 months ago: Anxious Canadians have waited to see how our government would tackle a monstrous world economic cris … more →
The Financing Clause
mortgagemississauga wrote 10 months ago: If you have been through the process of purchasing a home, you may have remembered a clause, at the … more →
Why Use a Mortgage Broker? How are Mortgage Brokers Paid?
merc359 wrote 11 months ago: Through all my writing and explanations about mortgages and products, I’ve forgotten the funda … more →
How Much Does Rental Income REALLY Help When Buying a Home?
merc359 wrote 11 months ago: “Mortgage Helpers,” “In-Law Suites,” “Rental Suites,” “Una … more →
TD, RBC, Scotia Claiming Losses and Out of Cash?
merc359 wrote 11 months ago: You read that right… The biggest of the banks are all writing down investments and claiming hu … more →
Bank of Canada Lowers Rate. Will Banks Follow - Not So Far!
merc359 wrote 11 months ago: The bank of canada moved rates more than expected today by lowering its target overnight rate by 0.7 … more →
Cashbacks and Incentives can Have a Hidden Cost
merc359 wrote 1 year ago: In the current real estate market, with developers of new homes hoping to sell their inventory (or b … more →
Private Mortgages - When to Use them and Why - Part 2
merc359 wrote 1 year ago: In the previous post I described why private mortgages cost more, why you would use them, and why th … more →
Private Mortgages - When to Use them and Why - PART 1
merc359 wrote 1 year ago: “Twelve Percent!” the client screamed into the phone, “that is highway robbery! … more →
Vancouver Real Estate Market - Buyers Market? You bet!
merc359 wrote 1 year ago: A realtor friend of mine gave me an article she read recently on the Vancouver Real Estate market by … more →
Sub Prime Meltdown - Clinton's Comments - Prime Rates
merc359 wrote 1 year ago: I was watching David Letterman on Youtube this week, and saw Bill Clinton do a lengthy interview in … more →
Buying Foreclosures, Pre-Foreclosures, and Court Ordered Sales
merc359 wrote 1 year ago: There is a lot of talk amongs real estate “investors” and specialists saying that the ke … more →
Mississauga - What exactly is mortgage loan insurance?
mortgagemississauga wrote 1 year ago: As a first time home buyer, you may have heard that you may have to pay a mortgage insurance premium … more →
Mississauga - Pay off high interest debts
mortgagemississauga wrote 1 year ago: If you are already a home owner, you will likely have equity in your home. Using that equity to pay … more →
Keeping up with your growing list of contacts
mortgagemississauga wrote 1 year ago: When I decided to move into the mortgage financing business, I realized very quickly that there were … more →
Mississauga - Understanding your credit rating
mortgagemississauga wrote 1 year ago: What is your credit rating score? If you don’t know, you are at risk of being refused credit, payin … more →
