Using a Home Equity Conversion Mortgage for Added Income: The Pros and Cons
Owning your own home has many immediately obvious benefits, like the comfort of privacy and the opportunities, there are for customizing and improving it with upgrades and additions. It’s also a plus to not have to share walls with neighbors,…
3 Ways You Can Avoid Foreclosure
Defaulting on your monthly mortgage can ultimately leads to foreclosure. If you just lost your job, your problems may not be going away soon. You must have a clear strategy that will buy you some time. A foreclosure is the…
6 Types of Mortgage Loans Perfect for New Loan Seekers
A mortgage is a financial tool for debt protected with collaterals. These types of loans are beneficial for individuals to meet their personal and professional needs. Provided to both salaried and self-employed professionals, these loans are given against residential and…
Everything You Need to Know About Mortgage Rates
Home buying is on the rise in Canada. This year, more than 460,000 housing units were sold and, in 2020, that number is expected to surpass 480,000. Whether you're already shopping for a new home or just beginning to think about starting…
Top 3 Reasons to Work with a Mortgage Broker
What is a Mortgage Broker? For someone just stepping into the world of real estate and purchasing their first home, mortgage broker may not be a familiar term. A mortgage broker is someone who liaises between a home buyer and…
Wooing the Millennials with Updated Mortgage Technology
The current times and subsequent years are bringing great opportunities for the mortgage industry. As per a recent survey, close to a billion people between their early twenties and late thirties are expected to form 50% of the US workforce…
