In a nutshell, a mortgage broker acts as the ‘go-between’ a mortgage borrower (you) and the lender (typically the big Canadian banks). Mortgage brokers act on your behalf offering their expertise and contacts for free, and receive their commission from the lenders only once a mortgage is arranged. There may be charges for their services [...]
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Mortage Advice for Canadians!Tag Archive | "Their"
Mortgage Brokers in Canada: Their Role to Compare and Get You the Best Mortgage Rates
Posted on 22 December 2009.
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Homeowners are Taking Out Mortgages – not to Purchase a Home – But to Boost Their Purchasing Power
Posted on 19 December 2009.
Real estate has been an outstanding investment in most parts of Canada in the past few years. Home valuations are continuing to rise and have broken through the peak of their 1989 “bubble” in many areas of the country. That’s good news for Canada’s 7.5 million home owners, who are enjoying an average increase of [...]
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Credit Scores and Their Effect on Canadian Mortgage Rates
Posted on 07 December 2009.
Ask any Canadian who has gone through the home buying process what score is more important – last night’s NHL results or their Beacon Score – and they’ll most likely respond, “the Beacon Score of course!”. The reason being that a Beacon Score is one of the credit scores that lender’s use to [...]
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