Monthly Archives: Monday January 30th, 2017

Take the time to evaluate whether a variable interest rate is a good option.

Monday January 30th, 2017

Take the time to evaluate whether a variable interest rate is a good option.

In almost every domain, the more risk we take, the better the reward.  Insofar as your mortgage is concerned, if you choose a variable rate you will have a lower initial rate. The rates could move even lower just as they could fluctuate upwards over the next 5 years. Therefore, the questions you really need […]
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Everything about the house is perfect except for the kitchen. What are my options?

Monday January 23rd, 2017

Everything about the house is perfect except for the kitchen. What are my options?

Although the kitchen, the bathrooms as well as the floors are rarely to our taste when we visit houses for sale, is this a reason to reject a house that has many other assets? The CMHC purchase-renovation program, growing in popularity, is even necessary in certain renovation situations since the change in mortgage lending rules. […]
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Pay Attention to Mortgage Loan Penalties!

Monday January 16th, 2017

Pay Attention to Mortgage Loan Penalties!

A mortgage loan has certain risks, which need to be evaluated carefully, especially those regarding penalties. Choosing a mortgage lender is not easy because there are approximately twenty financial institutions all offering ten or more mortgage products. It is widely recognized that consumers can find themselves faced with almost 300 mortgage products! Clearly it is […]
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Your mortgage renewal could reduce your debts.

Tuesday January 3rd, 2017

Your mortgage renewal could reduce your debts.

A car financed at 5%, a line of credit at 9%, credit cards at 19%… Have you ever made a comprehensive list of your current debts?  Many Quebeckers prioritize paying off their mortgage, which is only natural. No one likes big debts. But, ask yourself, is it the most logical way to proceed if you […]
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