Let’s talk about the state of the rate! In order to find out how the current Stress test rate impacts you, first you need to determine if you’re an insured or uninsured borrower. Option one: Do you have less than 20% down? Securing an...
Here are the five things happening in the mortgage industry RIGHT NOW! Property Taxes are due July 2nd Property taxes are due July 2nd. You should receive your notice in the mail soon! Don’t forget to apply for the homeowner’s grants that are applicable to...
Do you have a mortgage? So, do I! Looks like we have something in common :). Did you know that 6 out of 10 consumers break their mortgage 38 months into a 5-year term? That means that 60% of consumers break a 5-year term mortgage well before it’s due…but do you also...
With the up and coming changes to Mortgages on October 17th, we took a moment to look back at the evolution of the mortgage, and to highlight these new changes and what they mean LOOKING BACK BEFORE 2008 During this time, lending and mortgages were much...
I’ve been doing a series on my Facebook page recently called… Did You Know…. “that you might want to try increasing your monthly mortgage payment. It WILL save you money…. a lot! Let’s say your mortgage is $1328.44/month. If you...
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