Should you get pre-approved for a mortgage? Ten things to know – Consult with a Vancouver Mortgage Broker

ROBERT MCLISTER – Special to The Globe and Mail Putting your full faith in a mortgage pre-approval is like betting on a heavy favorite in a horse race. You’ll probably win but there’s room for major disappointment. Sure, pre-approvals have benefits. The best ones accurately measure your qualifications and how much house you can afford. Their 90- […]

Beware the debt-reduction pitch

With Canadian household debt levels at historic highs, some consumers might be looking for ways to reduce what they owe – or at least make repayment a little less painful. A number of companies offer debt reduction deals to help provide relief from creditors. But the Financial Consumer Agency of Canada (FCAC) haswarned that by using […]