Lower Your Mortgage Payment

Mortgage Payment

๐Œ๐”๐’๐“-๐‘๐„๐€๐ƒ ๐ข๐Ÿ ๐ฒ๐จ๐ฎ๐ซ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ซ๐š๐ญ๐ž ๐ข๐ฌ ๐ก๐ข๐ ๐ก๐ž๐ซ ๐ญ๐ก๐š๐ง ๐Ÿ‘%. What if breaking your current mortgage will save you money (๐˜ข ๐˜ญ๐˜ฐ๐˜ต ๐˜ฐ๐˜ง ๐˜ฎ๐˜ฐ๐˜ฏ๐˜ฆ๐˜บ)? Even when you include the pre-payment penalty. When interest rates fall, breaking your existing mortgage and renegotiating a new one at a lower interest rate can save you thousands of dollars. ๐‡๐ž๐ซ๐ž’๐ฌ […]

No-Frills Mortgage Products

No-Frills Mortgages

No-Frills mortgage products typically offer a lower interest rate when compared to full-feature mortgage products. The lower rate is really the only perk. Here’re some drawbacks to a no-frills mortgage product. Potential Lack of Portability No-Frills products may not let you take your mortgage with you if you purchase another property before your mortgage term […]

Looking Beyond Mortgage Rates

Looking Beyond Mortgage Rates

Itโ€™s easy to get caught up in the idea that comparing mortgage rates will guarantee you the best bang for your mortgage buck. While this may be true for particular situations, there are many scenarios where this strategy is not practical. Here are three reasons why it doesnโ€™t always pay to make a decision based […]

What do Rising Rates Mean?

Rising Mortgage Rates

By now you may have heard that mortgage rates are on the rise. What does this mean for borrowers who have an existing variable rate mortgage? Those looking to purchase a new home? Or those who have an existing mortgage that is coming up for renewal? There have been a couple different types of rate […]