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Category: Mortgage Tips & Advice (14 posts)

June 18, 2019 @ 7:39 AM
Posted by Ben Melick

Why early payout penalties matter now more than ever.

We are deep in the competitive spring real estate market! And we’re seeing a very interesting rate anomaly. Fixed-rate mortgages are very competitively priced and gaining in popularity, while va

February 12, 2019 @ 10:09 AM
Posted by Ben Melick

6 Reasons to work with a Mortgage Expert on your mortgage renewal

6 reasons to work with an expert on your mortgage renewal Given the large financial commitment of a mortgage, it’s surprising that so many homeowners sleepwalk through the mortgage rene

January 8, 2019 @ 10:04 AM
Posted by Ben Melick

Eight Tips You Won't Get From Your Bank in 2019

Eight tips you won’t get from your bank in 2019 If you’ve got a mortgage – or plan to get one this year – you probably know that it’s more complicated than it used to be

December 6, 2018 @ 7:59 AM
Posted by Ben Melick

Your Home Can Help you Live a Better Retirement

Saving enough for your retirement in Canada can be a challenge. Today, many Canadians just like you, are looking for ways to supplement their income as they enjoy their golden years. All too often, r

November 28, 2018 @ 8:39 AM
Posted by Ben Melick

Five Brilliant Ways to Use a Reverse Mortgage

It’s true: a reverse mortgage - one of the best financial tools available to Canadians over 55 - can greatly assist cash-strapped seniors who need to pay off their debts and live comfortably in

October 23, 2018 @ 10:49 AM
Posted by Ben Melick

What’s a monoline lender and how is it different from a bank?

What’s a monoline lender and how is it different from a bank? I’m often asked about monoline lenders - who are they, what benefits do they offer, and how do you get access to a monoline

September 7, 2018 @ 3:51 PM
Posted by Ben Melick

5 EASY WAYS TO BE MORTGAGE FREE SOONER!

We all know that paying off a mortgage as early as possible makes good financial sense. You’ll save significant interest costs and free up money for RRSPs and other investments, and changing l

September 7, 2018 @ 3:45 PM
Posted by Ben Melick

Your Home's Fall Checklist

Your Home's Fall Checklist It’s time to start thinking about preparing your home for the colder weather; a few little things can make a big difference for your home and save you

September 7, 2018 @ 3:35 PM
Posted by Ben Melick

Five Reasons Why You Should Let Renters Help Pay Your Mortgage

Are you a savvy homebuyer? Then let renters help pay your mortgage. Recently Canada Mortgage and House Corporation (CMHC) announced that when qualifying for a mortgage, homeowners could now count all

September 7, 2018 @ 3:18 PM
Posted by Ben Melick

Debt Consolidation- Is it right for you?

Debt consolidation can offer big relief If your debt is piling up – credit cards, store cards, car and loan payments– then the interest that you’re paying could be standin

September 7, 2018 @ 10:21 AM
Posted by Ben Melick

Fixed or Variable-Rate Mortgage?

“Wow!” look at the mortgage rate those guys are advertising! Your worries are over, you’re thinking. Just lock in a rate like that for the next five years, and you’ve got it ma

April 8, 2015 @ 7:29 PM
Posted by

4 Strategies That Can Help You Get PreApproved

So, you've decided to take the big step and look into getting what will likely be the biggest loan of your entire life: a mortgage. Applying for a mortgage can be a bit of a nerve-wracking process, es

February 23, 2015 @ 12:54 PM
Posted by

5 easy ways to be mortgage free sooner!

We all know that paying off a mortgage as early as possible makes good financial sense. You’ll save significant interest costs and free up money for RRSPs and other investments, and changing l

September 30, 2014 @ 7:10 PM
Posted by

2 Out of 3 Do Not shop at Renewal

Every now and then we see a mortgage stat that’s a jaw-dropper. This finding from Manulife Bank is one of them. It suggests there are a lot more people with money to burn than one might expec