If you’re currently in the market for a home, June 1, 2015 is a day you’ll want to circle on your calendar. On this dubious date, CMHC is set to increase mortgage insurance premiums; not surprisingly, first-time homebuyers are expected to be hit the hardest. How much more will you pay in mortgage insurance? Let’s … Read more
If you feel you are paying too much on your mortgage, you always have the option to refinance your mortgage. The problem many homeowners fall into is when they should refinance. The interest rates go up and down with no signs of stopping. Always remember the mortgage you have for your home is your key … Read more
When you are working on deciding what kind of home you are going to buy, you need to think about the mortgage you can afford. If you get a mortgage too high, you will not be able to afford to make the payments every month. This is why you should be using a mortgage calculator … Read more
