How will rising interest rates affect home prices?
As the Bank of Canada eases on bond purchases, mortgages rates rise. This has caused anxiety and a flurry of media articles proclaiming doom and
Pay Your Mortgage Swiftly With Refinancing Options
Refinancing is one of the best ways to pay off high-interest debt that you may have accrued over the years. You can use your home equity to consolidate existing debt. The benefits of this are manifold. You will improve your monthly cash flow, have one streamlined payment, and, best of all, be free of a mortgage sooner than you think! Give us a call or email. We will provide the best rates in Barrie and a lightning-fast mortgage pre-approval.
Professional Debt Relief and Credit Counseling Services.
Struggling with debt is never easy. In fact, debt can lead to depression, mental illness, and a lower quality of life overall. If you happen to be dealing with a difficult financial situation, then do something about it. We can give you debt counseling with our professional advisory services, and it’s completely free.
We also provide debt consolidation and debt relief to remove the thorny issue of debt once and for all. It’s not something that any person should have to deal with for a long time period. Once the weight is off your shoulders, you will be able to more easily enjoy all the historic attractions and festivities that Barrie has to offer. And you won’t have to worry about the price of things while you’re out and about.
Looking for a Second Mortgage?
Second mortgages are becoming increasingly common. This is mainly because they can help to assist with various kinds of debt relief, including property taxes, utilities, credit card bills, student loans, etc. The benefit of a second Barrie mortgage is that it gives you a large sum of money to spend as you please. However, it does come with some pitfalls. Give us a call and we will run you through the process, free of charge.
Second Mortgage Interest Rates in the Barrie Area.
It’s important to keep in mind that interest rates for second mortgages (sometimes simply called ‘Seconds’) are higher than interest rates for the initial mortgage. The loan to value ratio is the most vital consideration here, and it needs to be below 60%, as a general rule of thumb. This will help you to get the best rate.
One of the quickest, easiest, and most popular ways to get financial value out of your home while paying off a mortgage is to use what is known as a ‘HELOC’ – A Home Equity Line of Credit. What you are doing is borrowing money against your home.
Of course, this loan is secured against your property, so you must be very careful in terms of how you use it. As an expert team of real estate loan specialists, we can assist with the HELOC, and provide solid financial advice in parallel. We have a large base of satisfied customers in the Barrie area that can attest to our quality of service.
As the Bank of Canada eases on bond purchases, mortgages rates rise. This has caused anxiety and a flurry of media articles proclaiming doom and
Best Debt Consolidation Option in Barrie There are many ways to consolidate debt and each method has its own set of pros and cons. Most
Brokers are anticipating a particularly busy 2014 as clients look to move before the Bank of Canada does, although there’s new thinking on the timing
The minister responsible for Canada Mortgage and Housing Corporation (CMHC), Jason Kenney, announced today that Evan Siddall has been appointed president and chief executive officer
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