Let's chat: 604-612-6970
|
My Mortgage Blog — Latest Posts
Advantages of owning versus renting
You accumulate wealth by paying down debt in the form of mortgage payments, whereas rent pays a landlord's mortgage down.Over time, your net worth increases allowing you to establish a preferred...
Read More
How are your [mortgage] vitals?
Mortgage lenders review applications on five basic [mortgage] vitals:Income & stability from employment or self employmentCredit historyDown payment amount on purchases, equity on...
Read More
Fixed or Variable Rate Mortgage?
Which one? Fixed or variable rate mortgage?Lets start by understanding the difference between a fixed rate mortgage and a variable rate mortgage.Fixed rate mortgageA fixed rate mortgage is where the...
Read More
9 Strategies to Build your RRSP for Downpayment
Harper has pledged to increase the maximum you can withdraw from your registered retirement savings plan to buy a home. One article is here. I’m writing to everyone that doesn’t have one and is...
Read More