Blog 22 Apr 2022 Which is better, a variable or fixed rate? This is probably the most common conundrum that homeowners face when deciding on which path to choose. The simple answer is that it’s not that simple. If one were better than the other, then what… nkad3 No Comments
Blog 22 Apr 2022 How do government bond yields relate to mortgage rates? Like many people, you might be wondering “how do they determine fixed mortgage rates, and what makes them move up or down?”. The answer to this question is quite simple à Government Bond rates/Yields and… nkad3 No Comments
Blog 25 Oct 2019 Benefits of a Variable Mortgage A variable rate mortgage is one of two main types of mortgages that exist today, the other being “fixed” rate mortgages. The main difference between the two is that, unlike a Fixed rate mortgage where… nkad3
Blog 11 Oct 2019 Co-signer. Good or bad idea? Finding a co-signer for your mortgage approval can’t possibly be a bad idea if it helps you achieve your goal, and if the co-signer is aware of the benefits/risks associated. Though a rare privilege, co-signers… nkad3
Blog 27 Sep 2019 Credit Scores: What the Heck do I Really Need to get a Mortgage? Credit score (now referred to as ‘FICO score’) requirements for mortgages have changed over the last 24-36 months. So how do you know what credit score is required to achieve your home ownership goals? Well… nkad3
Blog 12 Sep 2019 Don’t Be Loyal to the Big Six (Banks) It’s no secret that the “Big Six” banks are juggernauts in the mortgage and real estate sector. But does this mean that they are the best place to get a mortgage? It must be, since… nkad3
Blog 23 Aug 2019 How to Pay off Your Mortgage Sooner The lifetime of a mortgage is typically the largest of any kind of loan. Currently, the maximum amortization of a mortgage loans is between 25-30 years, although in the past it was as long 40… nkad3
Blog 26 Jul 2019 The Power of Credit We often hear the importance of credit when it comes to borrowing, especially when it comes to mortgages. Major banks and institutions of all kinds, relay on a borrower’s credit rating/history in order to assess… nkad3
Blog 15 Jul 2019 Young Buyers Swapping Retirement Savings for Down Payments Isn’t this a scary thought? Younger buyers are thinking shorter term, rather than planning for their retirement. This might mean that we’re a generation doomed to work longer and live pay cheque to pay cheque….… nkad3
Blog 26 Jun 2019 Second Mortgages Brampton Are you looking for a second mortgage Brampton service to consolidate high-interest debt? Perhaps you need to pay out creditors to avoid collections or judgments. We have been offering second mortgage Brampton services for over… nkad3
Blog 15 Jun 2019 Recent Inquiry – Urgent Mortgage Question from caller: “My purchase is closing is next week, and I need a mortgage from a mortgage broker urgently because the bank did not follow through. Can you help?” This might just be the… nkad3
