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Thursday, May 25th, 2017

Are shorter mortgage amortizations always better? No – Ask a Vancouver Mortgage Broker

ROBERT MCLISTER- Special to The Globe and Mail For years we’ve been taught that shorter mortgage amortizations are better. Most people in the mortgage business don’t challenge this premise and certain lenders preach it as gospel. Consider this recent statement by a bank spokesperson: “Choosing a shorter amortization is the most responsible approach to home financing. […]

Crush your mortgage – Ask a Vancouver Mortgage Broker

Opaque contracts. Stiff penalties. Unnecessary insurance fees. Mortgage documents are full of traps that make it extremely difficult to pay off your biggest debt. MoneySense shows you how to pay off your mortgage early and become debt-free sooner than you imagined. By David Hodges | From MoneySense Magazine,  It was a sun-drenched autumn afternoon in 2005 when Heidi Croot and […]

Are we worrying ourselves into a housing crash? – Ask a Vancouver Mortgage Broker

Maybe this is telling us you shouldn’t buy the biggest houseJust sit back and do nothing. It doesn’t sound like the most proactive advice when it comes to the housing market, but it might just be what everybody needs to hear. Panic is the worst thing that could happen because when that mentality sets in […]

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