Nearly three-quarters (72%) of Canadians with a mortgage hope to be mortgage-free by the time they reach age 65,

Nearly three-quarters (72%) of Canadians with a mortgage hope to be mortgage-free by the time they reach age 65, but one-third (33%) of older Canadians (those over the age of 55) have 16 or more years left on their mortgage term, according to the latest RBC Housing Snapshot poll.

Who says it takes two? Many first time homebuyers fly solo on the house-hunt

Who says it takes two? Many first time homebuyers fly solo on the house-hunt – 2011 TD Canada Trust First Time Homebuyers Report finds majority of men and a third of women purchase their first home on their own – TO VIEW AN HTML SOCIAL MEDIA VERSION OF THIS RELEASE PLEASE VISIT http://www.smrmediaroom.ca/TDFirstTimeBuyer TORONTO, June 15, […]

3 ways to deal with rising mortgage rates

By Moshe Milevsky Here we go, again. The economy is generating more jobs, a handful of banks raise mortgage rates and all of a sudden you’re being advised to lock-in your mortgage before the bank doors slam shut. In fact, some say you’d better hurry-up and buy a house now before mortgage rates go so […]

Think Outside the Bun

That is Taco Bell’s slogan.  It’s meant to remind us that fast food doesn’t end with hamburgers. Tacos are pretty tasty in their own right. In the lending world, the closest equivalent to “the bun” is the 5-year fixed mortgage. Like hamburgers are to fast food, the 5-year fixed is to mortgages. It’s been the […]

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