5 Aug

SMART PEOPLE USE MORTGAGE BROKERS

General

Posted by: Tracy Luciani Price

Mortgage brokering is not a new phenomenon, it has been around for decades. In the past, only those who had bad credit would use the services of a broker. As higher risk transactions, generally rates would be higher, loan to value ratios were lower(than mortgages with good credit risks)and brokers were paid for their service […]

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28 Jul

THANK YOU FOR MAKING US #1

General

Posted by: Tracy Luciani Price

We are excited and pleased to announce that we just received news that we are # 1 in Ontario out of some 1,700 mortgage consultants. Tracy, myself and our assistants Jim and Laurie love making a positive (sometimes huge) impact on people’s lives. Whether it be helping folks buy their first home, moving up to […]

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27 Jul

BANK’S DIRTY TRICK DOESN’T STOP THE PRICE TEAM

General

Posted by: Tracy Luciani Price

Jennifer has been a client of ours for ten years. When her marriage broke down and her credit was in the toilet, we were able to help her keep her home by having her father co-sign. We were there cheering Jennifer on when she landed a good job in sales a nd we helped and […]

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15 Jul

MONEY FLOWING FOR NEW SELF EMPLOYEDS

General

Posted by: Tracy Luciani Price

‘We gotter done’ as they say in the country. In the past if you were self employed for less than 3 years you had trouble getting a mortgage. But the rules are now changed. It’s now easier for newly self employeds than a person who has worked years as self-employed. The old rules wanted job […]

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15 Jul

The ‘Unmortgage’…What Does It Mean???

General

Posted by: Tracy Luciani Price

A certain bank lender(we can’t name them) has an ad saying ‘UNMORTGAGE’ YOURSELF’, trying to compel you to take their five year fixed mortgage rate of 4.49% with the suggestion that you can pay down your mortgage ‘faster’…NOT Let us give you a better solution. Take our 1.95% mortgage and pay your mortgage payment at […]

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15 Jul

The Floating Vs Fixed Rate Question

General

Posted by: Tracy Luciani Price

It seems that Canadians are talking as much about real estate and interest rates today as they do about the weather, and we love to talk about the weather don’t we…lol.  With mortgage rates still at historical lows and only one way to go but up, it would seem logical to perhaps forget about getting […]

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8 Jul

Banks Playing Games with Your Equity!

General

Posted by: Tracy Luciani Price

The Big banks are pushing their hybrid products and their popularity has grown immensely over the years.  This is the mortgage and line of credit products or straight line of credit product.  But these mortgages should come with huge warning labels.  The problem is that most consumers are unaware of what they are signing and […]

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17 Mar

Feds Shutting the Door on Self Employeds

General

Posted by: Tracy Luciani Price

The government snuck in through the back door.  There should be a public outcry but very few know. There was no annoucnement from the Finance Minister Jim Flaherty in his recent speech about changes to mortgages in Canada.  But last week we received a communique which states that as of April 9th, CMCH will not […]

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3 Mar

PRIVATE MORTGAGES CAN BE DANGEROUS- by Tracy Luciani Price

General

Posted by: Tracy Luciani Price

If you need a private mortgage, please stay local.  Every time without fail, people come to us after they arranged a private mortgage out of the area (especially Toronto…look out) from an unknown source, usually via a phone number in the yellow pages or an ad with a toll free number.  Well they have nightmarish […]

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