Recent Posts in ‘Mortgages’
For years I’ve opted to neglect my professional accreditation. However after my experience at this year’s Hall of Fame Dinner I am inspired to change my mind. Check out my post to learn why I’ve had a change of heart and will include AMP Accredited Mortgage Professional after my name.
Small is the new big when it comes to up and coming condo developments in the city of Toronto. In an effort to maximize density and keep real estate affordable for an ever more expensive market, builders are designing smaller and smaller units.
Imagine paying off all your mortgage debt in five years. It’s possible. Deacon Hayes of wellkeptwallet.com is making it a reality, he and his wife are on track to do just that.
Chances are you’re probably not getting the best mortgage advice. Banks and many mortgage professionals are busy competing on just the lowest rate. But fail you when it comes to showing you how to reduce your mortgage debt more quickly and save you money on unnecessary interest payments.
I was recently contacted by The Toronto Star business reporter Susan Pigg to provide some insight into what I am observing in the Toronto condo market. The most current numbers released by TREB indicate that Toronto real estate sales volume was up 21% and along with prices up 5.5% summer 2013.
Who’s that guy in the unfortunate freeze frame you may ask? That’s me Chris Molder. Mortgage broker and blogger on www.sonofabroker.com. I was deemed cool enough to be invited to present one of the Mortgage Math videos for Ratehub.ca’s video series.
Variable rate mortgages have historically been the better mortgage option for borrowers in Canada over the past 50 years and yet a little more than a quarter of mortgage borrowers in Canada choose a variable rate mortgage over a fixed rate mortgage. Why is that?
It’s time for another fun and insightful infographic developed and produced by my friends at ratehub.ca. This infographic draws data from two major reports released earlier this year by authorities on the subject of Canadian mortgages.
If you’re a regular on my blog then you’ll know that my focus as a mortgage broker is on mortgage debt-reduction. Nobody really wants to own a mortgage, they want to own a home!