Costs: Speak with a mortgage professional as soon as possible. This will allow you to shop in a price range that is realistic for your situation. At the same time, make sure you are prepared financially for the standard costs associated with a purchase of real estate. Some of these costs may include: Deposit Once you have an accepted offer on a place, there is generally a 1 week period to remove subjects (ie. Inspection, financing, etc.) Once those subjects have been satisfied, you are required to put down a deposit on the property. This amount varies, … (0 comments)
vancouver mortgages: Refinancing your Mortgage Sucks...
- 01/28/09 09:29 AM
...But it Works! The following is a case study of a recent client who refinanced their mortgage through MortgageOpolis. Case Study: Clients purchased a home last year and currently has a mortgage of $150,000.00 at 5.90%, 5yr fixed term /15yr amortization and $650 bi-weekly payments.We were able to obtain a lower rate of 4.39%, 4yr fixed term / 13yr - 8 month and by keeping the payment the same at $650... we were able to save the clients aprox. $22,000.00 worth of payments which included the pre payment penalty of $4400 and the closing costs of $1400... assuming the interest rate in … (0 comments)
vancouver mortgages: Canadian Mortgage Rates
- 01/28/09 08:48 AM
Canadian Mortgage Rates for January 27, 2009.Courtesy of MortgageOpolisRefinance your mortgage today to a lower rate and save thousands of dollars, of your hard earned money! Prime Rate 3.00%Variable Prime Plus .80%1 year fixed term 3.50%2 year fixed term 4.29%3 year fixed term 4.29%4 year fixed term 4.29%5 year fixed term 4.39%6 year 5% cash back 6.75%10 year fixed term 6.35%Rates subject to change without notice. … (0 comments)
vancouver mortgages: Canadian Mortgage Rates
- 01/26/09 10:19 AM
Canadian Mortgage Rates for January 26, 2009. Provided by: MortgageOpolis The 1 year fixed rates has dropped from 3.89% to 3.50%
vancouver mortgages: 10 things to consider before your mortgage renews.
- 01/21/09 12:10 PM
Below are 10 things to consider before your mortgage renews. Courtesy: MortgageOpolis 1) Have you explored all your options? Once you receive your mortgage renewal statement, there's nothing easier than simply signing on for another term. But while this may makesense in many cases, your family or financial situation may have changed over time.We can look for opportunities that could better meet your needs right now. 2) Are you comfortable with your payments? If you've been feeling financially strapped each month making your mortgage payments, this could be the time to reduce them to amore easily managed level. On the other … (0 comments)
Interest Rates on fixed rate mortgages continue to fall. See more rates at MortgageOpolis
… (0 comments)
vancouver mortgages: 10 Benefits of Mortgage Insurance
- 01/20/09 07:39 AM
1) Homeownership on your terms. With the right preparation and resources, you can buy a home that best suits your lifestyle. Mortgage insurance provides you with innovative options to help get you into homeownership. 2) Be eligible for a better interest rate. Mortgage insurance provides a lender with the flexibility to offeryou the same competitive mortgage interest rates available to homebuyers with a larger down payment. 3) More down payment options. Don't let the down payment be the barrier to your homeownershipdreams. There are many mortgage insurance products that will help you to achieve homeownership. Let'sdiscuss the options that suit your … (0 comments)
vancouver mortgages: 10 simple steps to go greener.
- 01/16/09 06:56 AM
Here are 10 quick tips on how you can make changes to your daily lives to contribute less to global warming. This article is courtesy of www.cmhc. Each Canadian generates, on average, five tonnes of greenhouse gases every year. Canada Mortgage and Housing Corporation offers 10 simple steps you can take to help keep our planet healthy and make your home more comfortable and healthier, while saving you money, and increasing your home's resale value. Step 1 - Switch to Public Transit By simply switching from a mid-size car to public transit for your local travel, you can save up to … (0 comments)
YOUR MORTGAGE GUIDE;)
;)
