In the last couple weeks I have begun to feel really bad for a couple of my trusted realtor partners. They have had clients whom have gone to their bank for financing and have been given the green light to go out shopping. Well, in these few cases all of them were unable to purchase. […]
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Painful Breakage Costs
Great article from Canadian Mortgage Trends. The big 6 have been proven to be very expensive to get out of their mortgage.Personal Finance Columnist Rob Carrick deserves a tip of the hat for bringing TD’s inordinate mortgage breakage fees to light. More here. Yet, while Carrick’s article focuses on TD’s excessive fees, TD is far […]
TD Takes Heat for its Collateral Mortgages
Thank you Canadian Mortgage Trends for this great article! I’m hoping more and more people start to realize how important it is to speak to a professional who is NOT tied to one lending institution. This is not just with a mortgage, it’s with investments, insurance and so forth. There’s a reason why we’re here…to […]
BC First Time, New Home Buyers Bonus
BC First-Time New Home Buyers’ Bonus – a one-time payment worth up to $10,000 for BC residents who are first-time home buyers and who purchase an eligible new home.BC Resident – if you file a 2011 BC resident personal income tax return, or if you move to BC after Dec. 31, 2011, or you file […]
It’s not always about the lowest rate
First off this blog is in no way being written to bash any lender or bank out there. Every lender serves their purpose and are the right fit for someone. This blog is to make you, the consumer, aware that it’s not always about the rate you see on paper. It’s about the flexibility and […]