Mortgage Blog

Getting you the mortgage you deserve

Big 5 Mortgage Insurance vs Traditional Life Insurance.

Big 5 Mortgage Insurance vs Traditional Life Insurance.

September 28, 2018 | Posted by: Christopher Chanakos

Once your mortgage has been approved, and the process is nearing completion, you will at some point be presented with the option of mortgage insurance. You can choose different levels of protection in ...

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Second Mortgages & Why Homeowners May Need One

Second Mortgages & Why Homeowners May Need One

September 28, 2018 | Posted by: Christopher Chanakos

As homeowners in Canada, we are often faced with mounting living expenses and unexpected financial obligations. It could be college tuition, renovation costs, emergency repair bills, debt consolidatio ...

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Reasons Borrowers Break Their Mortgage Agreement Early

Reasons Borrowers Break Their Mortgage Agreement Early

July 23, 2018 | Posted by: Christopher Chanakos

Potential Reasons for Breaking Your Mortgage Early When you decide on a 5-year term option on your mortgage, you assume that the next 5 years will pass with no incident. However, sometimes life throw ...

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Is a Reverse Mortgage Right for You?

Is a Reverse Mortgage Right for You?

July 20, 2018 | Posted by: Christopher Chanakos

Reverse mortgages have never been this popular in Canada. With people living longer, pensions disappearing and the cost of living increasing, many homeowners are turning to reverse mortgages in order ...

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Should You Spend the Full Mortgage Amount You're Approved For?

Should You Spend the Full Mortgage Amount You're Approved For?

July 4, 2018 | Posted by: Christopher Chanakos

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...

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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

June 27, 2018 | Posted by: Christopher Chanakos

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...

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Strategies to Dig Yourself Out of the Debt Hole

Strategies to Dig Yourself Out of the Debt Hole

June 20, 2018 | Posted by: Christopher Chanakos

Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can he ...

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Why You Need an Emergency Fund And How to Get One

Why You Need an Emergency Fund And How to Get One

June 13, 2018 | Posted by: Christopher Chanakos

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a ...

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The Benefits of Investing in Income Producing Properties

The Benefits of Investing in Income Producing Properties

June 6, 2018 | Posted by: Christopher Chanakos

Making money in any real estate venture is a difficult task, and many people don't have the skills (or the stomach) for flipping houses. An alternative to this intrinsically risky activity is to purch ...

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4 Hidden Problems That Could Be Hurting Your Home Sale

4 Hidden Problems That Could Be Hurting Your Home Sale

May 30, 2018 | Posted by: Christopher Chanakos

One of the biggest fears that home sellers have is that their property will end up on the real estate market for months on end. This is a nightmare for a number of reasons. First of all, having your h ...

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