Blog
Wednesday
16
JANUARY
2013
Fight Unfair Mortgage Penalties Now
Interest Rate Differential - The hidden cost of low interest rates.
Whatever happened to 3 months interest penalties?
We all know that interest rates are still at record lows, but how do you take advantage if you are currently in a fixed rate mortgage contract? I'm sure you have heard horror stories of people being charged ten thousand dollars in penalties to break their mortgage contract - even as high...
Thursday
3
NOVEMBER
2011
Should you sign that Mortgage Renewal Letter?
Did you know that:
- banks renew approximately 90% of the mortgages they hold?
-that the majority of those are renewed at posted rates?
When you stop to think about what the difference is between a posted rate and a discounted rate, it can be shocking...