Tag: mortgage calculator
The Lender’s Equations: How Much Mortgage will you Qualify for?By: Elias Kellendonk
Lenders basically use two rules to determine the mortgage you are eligible to be funded to receive.
Over Half of Canadian Retirees Are in Debt, but That Doesn’t Have to Include YouBy: Elias Kellendonk
A recent poll done by CIBC and Harris/Decima has found that 59% of Canadian retirees are still in debt. Worse yet, the poll finds that 55% of people that carry debt into retirement have seen their debt levels either increase or remain unchanged over the past year. As you can imagine, it only becomes more …
How to Calculate Mortgage PenaltiesBy: Elias Kellendonk
There are numerous good reasons as to why mid-term you may be considering the option of breaking your mortgage. You may have found yourself in need of extra finances, have located a much better rate, are aiming to consolidate high interest debts, are interested in early renewal or are paying out the balance of your …
Fixed-Rate Mortgage Predicted to offer the Best Mortgage Rates over the Next Five YearsBy: Elias Kellendonk
selecting a fixed-rate five year mortgage term over a variable rate mortgage could grant Canadian mortgagors the best mortgage rates over the next five years
Canadians Negotiate Lower Mortgage RatesBy: Elias Kellendonk
A growing number of Canadians are negotiating lower than advertised rates.
The All-in-One Mortgage CalculatorBy: Elias Kellendonk
Imagine a mortgage calculator so comprehensive that the least expensive route to home ownership becomes tangible before a commitment is made
Online Mortgage Calculators: Homebuyers Make UseBy: Elias Kellendonk
The online mortgage calculator does all the math for you, and is a great asset in determining your true budget for home buying.
Does Low Rate Mean Low Quality?By: Elias Kellendonk
Some mortgage brokers believe that professionals offering the lowest mortgage rates are sacrificing the value of professional guidance for rock bottom Canadian mortgage rates.
Majority of First-Time Homebuyers Shop OnlineBy: The Super Broker
A CMHC study finds that First-time homebuyers conduct virtually all of their mortgage inquiries online.
When to Lose the Bidding WarBy: The Super Broker
There comes a point in time when a house price rises so high that a purchase may just not be a wise decision.