Category Archives: Mortgage
By Pablo Gibson, financial writer for Safe Financing. Everyone dreams of owning a house of their own at some point of time in life. In order to fulfill this dream, people take out mortgage loans to purchase a house. These loans come at varying rate of interest as well as terms of repayment. There are […]
CCPA Research Associate David Macdonald is the author of the study showing that, for the first time in 30 years, six red-hot real estate markets are in a synchronized housing bubble. The Centre’s Trish Hennessy interviewed the study’s author to learn more about the problem.
The CMHC on Tuesday predicted that housing starts in Canada should rise moderately this year, while two research groups, the CCPA and the CD Howe institute have both examined the possibility of a housing bubble in Canada.
This article describes the advantages and perils associated with refinancing.
if you are a home owner hoping to take advantage of historically low interest rates for debt relief, your best hope is for a government change of policy.
Today you can find lots and lots of home equity lending companies. These home equity lending companies are constantly on the lookout for homeowners that want to acquire home equity loans, as most of the homeowners in the United States are now tapping on the equity of their homes by taking out home equity loans.
When something drastically happens to a loan agreement the usual consequence is that the injured party will shy away from loan and credit agreement, thinking that such incidence will result to a low credit score that would result in turn a ‘no-interested’ lending party.
When something drastically happens to a loan agreement the usual consequence is that the injured party will shy away from loan and credit agreement, thinking that such incidence will result to a low credit score that would result in a ‘no-interested’ lending party.
Many homeowners make the mistake of thinking refinancing is always a viable option. However, this is not true and homeowners can actually make a significant financial mistake by refinancing at an inopportune time. There a couple of classic example of when refinancing is a mistake.
A cash out refinance basically enables the homeowner to refinance their home for an amount greater than the balance of the exiting mortgage. The homeowners than repay the existing balance plus the additional amount over the course of the loan period and are given a check for the amount above and beyond the balance of the exiting mortgage.