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What Are the Negative Effects of Refinancing?

By admin / August 3, 2024 / Refinancing mortgage / 0 Comment / 0 Likes 103
What Are the Negative Effects of Refinancing?

To simplify, loan re-finance looks like an attractive opportunity, for instance, when interest rates change or when the client’s conditions are suddenly better. Yet, it seems to be plausible to discuss the weaknesses …

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The impact of credit scores on mortgage rates

By admin / April 22, 2023 / Credit score / 0 Comment / 0 Likes 113

When you submit a mortgage application in Canada, your credit score is important. It is used by lenders to assess your riskiness. You’re more likely to be granted a loan if you have a high score. You might benefit from …

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How Refinancing Can Help You Achieve Your Financial Goals: Paying off Debt, Building Equity, and More

By admin / April 10, 2023 / Refinancing mortgage / 0 Comment / 0 Likes 155

Do you dislike having to make do with little money? Having trouble getting by? Your financial problems may have an answer in refinancing. Not only may it aid in debt repayment and equity growth, but it can also raise …

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What is the forecast for mortgage rates in Canada in 2023? – RateTrade.ca

By admin / March 21, 2023 / Mortgage Rates / 0 Comment / 0 Likes 106

Mortgage rates are like the weather. They’re always changing! Just like you check the forecast to see if you need to pack an umbrella or wear a coat, it’s important to keep an eye on mortgage rates when considering …

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Is 4.25 a good interest rate for a Home?

By admin / September 22, 2022 / Interest rate Mortgage Rates / 0 Comment / 0 Likes 134

Property rates are increasing with each passing day. When we buy or purchase a home, we usually take up home loans, which we get at a certain interest rate.
Certain mortgage rates move as a trend in the market. Knowing …

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What is a 5-year variable rate mortgage?

By admin / September 12, 2022 / Mortgage Rates / 0 Comment / 0 Likes 102

You might wish to choose a 5-year variable rate mortgage for several different reasons. This mortgage is not appropriate for everyone. Which is the first thing you must realise.
It can be difficult to discover the …

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What is the average credit score for a mortgage in Ontario?

By admin / September 7, 2022 / Credit score / 0 Comment / 0 Likes 98

Getting mortgage approval in Ontario can be stressful. Anyone aspiring to own property must not only obtain authorization for a mortgage but also comply with ever-stricter mortgage approval requirements because housing …

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What is the Minimum Salary to get a Mortgage?

By admin / August 26, 2022 / Mortgage Payment Calculator in Canada / 0 Comment / 0 Likes 87

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 …

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How to qualify for a mortgage in Ontario?

By admin / August 22, 2022 / Mortgage / 0 Comment / 0 Likes 95

Being ready at every turn is crucial if you consider becoming a homeowner. The most challenging part of the process, besides monitoring interest rates today and looking for the ideal home, is filling out a mortgage …

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Is it hard to get a mortgage?

By admin / August 20, 2022 / Mortgage / 0 Comment / 0 Likes 100

Now is a fantastic time to apply for a house loan because mortgage rates today are almost at a historic low. Even though getting a mortgage may be more affordable than ever, getting one authorized has become more …

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