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 […]

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 […]

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 […]

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 […]

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 […]