Simple Strategies To Save On Your Mortgage
Buying a house is usually the most significant investment decision anyone ever makes. Owning a house also tends to have an outsized impact on a person’s overall financial strategy during their lifetime. Buying wisely and choosing the right debt strategy can get you mortgage-free faster. By just following a few simple strategies, you could live […]
Insuring Your Mortgage Through Lenders
Marc and Lorna just bought a house and, like most home buyers, they needed a mortgage. During the financing process, they were offered mortgage insurance by the lender. They wanted to know more before taking the coverage. Do we control the policy? Because the coverage is usually a group plan, the agreement is actually between […]
Mortgage Rules Tightened
In an effort to crack down on speculators and to discourage people from taking on too much debt, Ottawa is tightening mortgage rules again. These new rules are expected to take effect April 19, 2010. There is growing concern that the housing market in Canada may be overheating. Finance Minister Jim Flaherty stresses that while […]