The current state of the real estate market in Canada has allowed for many to consider purchasing a second home or vacation property for any number of reasons Perhaps this is the right time to consider making a second purchase

Bi-Weekly (Accelerated and Not accelerated) and Weekly (Accelerated and Not accelerated) … Other than the standard monthly and semi-monthly payment options that have existed for years there are four other payment options that exist in regards to the frequency of your mortgage payments A third option in regards to payment frequency is the bi-weekly payment option

If you are like the millions of Canadians out there who are paying into a mortgage than there is a good chance at some point you have been exposed to the term Mortgage Amortization There is also a large chance that the first time you saw or heard the term amortization you had no clue what it was talking about

Whenever you are curious about something where is it that you turn to Do you go to the Library

The housing market is looking fairly good right now Sales are on the rise, thanks, at least in part, to ridiculously low mortgage rates

The title of the article in a recent edition of the Toronto Star grabbed my attention immediately: “It may be the right time to take the plunge” into the housing market Note the use of the word “may”, suggesting that it may be the right time, but, depending on your circumstances, it may not

Bank of Canada Governor Mark Carney recently stated that the recession is over Many experts quickly stepped up to temper his optimism with a little dose of reality

Recent numbers on household debt in Canada paint a fairly grim picture Many people are behind on their credit card payments

If you're in the market for a new home, you may be considering hiring a Toronto mortgage broker to help out by doing the legwork and the research that goes into find a lender However, there are a few things that you should be aware of before you hire the first mortgage broker that comes along