Mortgage rates and inflation are two important factors that are closely related to each other. In Canada, these two factors significantly impact the housing market and the decisions of homebuyers and …
Mortgages are a huge part of many Canadians’ lives, as they help finance the purchase of a home.
So, you are in the market for a new home, or maybe you are just looking to refinance your current mortgage? Well, listen …
Are you in the market for a new home or looking to refinance your current one? If so, you’re likely looking for the best mortgage rate in Canada. But with so many options available, it can be overwhelming to compare …
GIC is the acronym for Guaranteed Investment Certificate, in simple terms it is just like a normal savings account where you put money in your account and receive interest accordingly. GICs are a type of deposit …
For many Americans, the final word on their mortgage will be handed down to them by their lender. However, for some, it could be the last day of their loan. In fact, for many lenders, a five-year mortgage is the last …
Mortgage rates are continuously changing. The desired mortgage rate may vary dramatically from day to day. A fair rate for a 30-year mortgage is typically in the high 4% to low 5% range, while a reasonable mortgage rate …
Rising interest rates are something to keep an eye on if you have a mortgage or other loans. There may be opportunities to profit from the …
A mortgage is an arrangement in which a person provides or keeps their immovable property as security for a loan. A mortgage lender or a bank generally provides this type of loan. But the loan should be paid back on …
Before getting into the rights of mortgage, we should be familiar with some peculiar terms related to the mortgage, such as. A mortgagor is a person who has transferred the immovable property in exchange for …
Lenders can decide whether or not to approve a home loan application based on the borrower’s income. It says a lot about your ability to pay back the mortgage; the higher your income, the larger your ability to pay back …