Bank of Canada maintains the benchmark rate at 1.75 per cent. The final BoC interest rate meeting for 2018 is in the books. As was widely anticipated in the lead up to today’s meeting the bank opted to hold and not make any changes to the benchmark rate. While the BoC has communicated the ...
I certainly know that dealing with brokers and private lenders can be sketchy at best. Since a lot of the decision making on private mortgages is discretionary there is no standardized practice or guide for you as a private borrower to go
If you own a house and you are under pressure from creditors due to late payments this post is for you. A second mortgage in combination with a debt settlement plan can save you some serious
Private second mortgages can be very useful to unlock potential. The ingredients to a successful transaction include need, equity and a solid exit strategy. Sounds simple but knowing how to put the pieces together at a reasonable rate takes some know
Searching for reputable private mortgage lenders can be a challenge. Unlike banks and other institutional mortgage lenders who have customer facing operations, branding and marketing, private home equity mortgage lenders rely on mortgage brokers to recommend their
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