The House Team Of Mortgage Intellingence asked: “Wow!” you say to your spouse as you hit the brakes on the car. “Did you see the mortgage rate those guys are advertising?” Your worries are over, you’re thinking. Just lock in a rate like that for the next ten years, and you’ve got it made.Not so [...]
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Cabin Fever? Mortgaging for Recreation Properties
The House Team Of Mortgage Intellingence asked: All across Canada we’re seeing the recreational property market continue to go through the cedarshingled roof. Industry experts predict another year in which buyers seeking a property may outnumber the recreational properties available. The boomers are in their peak income years and have benefited from an unprecedented climb [...]
Taking the Guesswork Out of Adjustable Rate Mortgages
The House Team Of Mortgage Intellingence asked: Next to critiquing the decorating taste of your home’s previous owner, playing the “adjustable mortgage game” may rank as one of the most popular (and least pleasant) pastimes of Canadian homebuyers.Here’s how it works.As you’re exploring your mortgage options, you review the long and steady slide of mortgage [...]
Fixed or Variable-rate Mortgage?
The House Team Of Mortgage Intellingence asked: “Wow!” you say to your spouse as you hit the brakes on the car. “Did you see the mortgage rate those guys are advertising?” Your worries are over, you’re thinking. Just lock in a rate like that for the next ten years, and you’ve got it made.Not so [...]
Taking the Guesswork Out of Adjustable Rate Mortgages
The House Team Of Mortgage Intellingence asked: Next to critiquing the decorating taste of your home’s previous owner, playing the “adjustable mortgage game” may rank as one of the most popular (and least pleasant) pastimes of Canadian homebuyers.Here’s how it works.As you’re exploring your mortgage options, you review the long and steady slide of mortgage [...]
What are Mortgage Rates Like in Colorado? are They Different?
1st American Mortgage asked: Colorado mortgage shopper may wonder, while they are shopping around for a loan, if there are different mortgage rates in the state? —? higher or lower than the rest of the nation. The basic answer is no, when you compare rates for mortgages in Colorado to elsewhere.Mortgage rates in Colorado and [...]
Cabin Fever? Mortgaging for Recreation Properties
The House Team Of Mortgage Intellingence asked: All across Canada we’re seeing the recreational property market continue to go through the cedarshingled roof. Industry experts predict another year in which buyers seeking a property may outnumber the recreational properties available. The boomers are in their peak income years and have benefited from an unprecedented climb [...]
Subprime Mortgage : Demystified
justin narin asked: Subprime mortgages can be identified as loans made to people with past blemishes on their credit histories, may not be able to fully document their incomes, or who may have less equity or smaller down payment.Lenders study your credit history before deciding which loan rate you qualify for. You’re likely to be [...]
What are Mortgage Rates Like in Colorado? are They Different?
1st American Mortgage asked: Colorado mortgage shopper may wonder, while they are shopping around for a loan, if there are different mortgage rates in the state? —? higher or lower than the rest of the nation. The basic answer is no, when you compare rates for mortgages in Colorado to elsewhere.Mortgage rates in Colorado and [...]
Subprime Mortgage : Demystified
justin narin asked: Subprime mortgages can be identified as loans made to people with past blemishes on their credit histories, may not be able to fully document their incomes, or who may have less equity or smaller down payment.Lenders study your credit history before deciding which loan rate you qualify for. You’re likely to be [...]
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