great rates: US Subprime
- 09/30/07 06:26 AM
See below article by Benjamin Tal (CIBC econominst) regarding the US Sub Prime market It’s far from over. The news from the US subprime space will get much worse in the coming year, with default rates surging to unprecedented levels. But what really counts for the market is how much of this bad news is already reflected in current prices. It turns out that not only did the barrage of negative headlines of recent months raise the level of market immunity to adverse subprime news, but in fact, even after its recent improvement, the mortgage-backed market is currently pricing in a … (1 comments)
great rates: No down payment....no problem
- 08/13/07 10:25 AM
Are you looking to purchase or know someone who would like to buy? Don't have a down payment? No problem.....you don't need a down payment. If you have sufficient savings to cover your closing costs which are approximately 1.50% of the purchase price, and you qualify under normal lending criteria, you can purchase. You can get the discount rates also. Give me a call or drop me an email if you want more information. bjeysman1@cogeco.ca 905-978-7283 … (0 comments)
great rates: Renovations
- 07/18/07 01:46 PM
If you are considering home renovations, do your homework and get several quotes. Ask for references. Don't assume the lowest quote is the best deal and don't assume the highest quote is going to be the better quality. Ask your friends and family for their past experiences good and bad. Once you have made a decision, give me a call to see if refinancing hour mortgage to do the renovations is a good choice for you. Call me at 905-978-7283 … (0 comments)
great rates: tip of the day
- 07/04/07 01:02 PM
Consider refinancing your mortgage to pay out credit card debt. Interest rates charged on outstanding credit card balances can be very high. With rates ranging from 12% to 28%, it will take much longer to pay the debt off and you will be paying mostly interest charges to the financial institution. If you increase your mortgage to pay out the credit card debt, you will be in a much better position to pay off the outstanding principal balance quicker while paying much less interest to the financial institution. If you would like more information on this, please contact me at bjeysman1@cogeco.ca … (2 comments)
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