Mortgage Types

RRSP’s vsTFSA decisions for homebuyers

by Angela Calla on August 26, 2011

Add RRSPs versus TFSAs to the list of decisions you have to make as a prospective homebuyer.    Some serious saving is going to be required to meet the minimum 5% down payment for buying a home, not to mention the 20% threshold for avoiding costly mortgage default insurance. Two ideal vehicles for saving are [...]

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Real Estate Investing & Mortgage Tips- Angela Calla

by Angela Calla on August 26, 2011

  If you’ve been thinking about investing in real estate, there are some important things to keep in mind when it comes to where you decide to invest, how best to position your mortgage and why it’s important not simply to seek the lowest available rate.  As always, location is a key component to any [...]

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Industry News   Have your say on Canada’s most broker-friendly lenders. As part of its fourth annual survey, CMP is asking brokers/agents to take a few minutes to share opinions around whether the lenders you deal with are getting it right.   Click here to complete the CMP Brokers on Lenders survey by Thursday, August 4th.   [...]

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Stay Variable or lock in?

by Angela Calla on August 26, 2011

With anticipated interest rate increases on the horizon, many homeowners are wondering whether to lock debt such as mortgages and secured lines of credit into a fixed-rate mortgage or stay variable.   Even some who are mortgage free are concerned with how rate increases will impact secured lines of credit, the financing of vacation homes and [...]

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