What Is a Conventional Mortgage?
As a Toronto mortgage broker it’s important for me to remember that there is mortgage jargon and terminology that my audience may not be familiar with. When I work with clients I try and make the experience as educational as possible and I always make an effort to step back and explain mortgage terms ...
Monday Interest Rate Review for August 16th 2010
If we were to take a general macro view of fixed mortgage rates in Canada one can say that when the markets (i.e. TSX, DOW etc) are strong there is upwards pressure on fixed rate mortgages and the opposite is also true so that when the markets are weak there is downwards pressure on ...
Monday Mortgage Minute for August 9th, 2010
Mortgage interest rates are back down. Way down. I am back from my road trip out West and ready for action. Picking up sound bites from different headlines in the news it looks like the complexion of our Canadian housing market looks just a little bit grayer. With headlines such as “CREA lowers home ...
Files of the Broker: Property Tax Arrears & Judicial Sale
The consequences of not paying property taxes are not well appreciated. In my last blog entry I explained the term Judicial Sale and highlighted that this legal process is a great opportunity to acquire undervauled properties in cottage country. More often than not the cause is the non-payment of property taxes. The other day ...
Monday Mortgage Minute for July 19th
A brief video while I am on the road through the Prairies on my way from Toronto to Vancouver. For current mortgage interest rates and information don’t hesitate to contact Arnold Molder. I’ll be back at the end of
Mortgage Interest Rates for July 12th
I was out of the city this past Monday camping in Killbear Park far from any internet connection making it impossible to get my Monday Mortgage Minute up. I’ll just briefly post the current rates for anyone who is looking to see how rates have changed since last week. Chris Molder – Son Of ...