by Michelle McCullough | Nov 30, 2020 | City of Prince George, Credit, Debt, Divorce, Home Equity, Mortgage Renewal |
Given the large financial commitment of a mortgage, it’s surprising that so many homeowners sleepwalk through the mortgage renewal process and don’t look at all their options in the marketplace. Many accept whatever their lender offers or just have a short...
by Jamie Cunningham | Oct 29, 2020 | Bills, Blog, Bristish Columbia, City of Prince George, Debt, Divorce, Finance, Home Equity, Home Improvements, Homeownership, Interest Rate, Mortgage, Mortgage Broker, PG Mortgage Broker, prepayment penalties, Refinance, Separation |
There has been a flurry of refinance activity this year given our rock bottom interest rates, providing homeowners with access to today’s low rates and the most cost-effective way to get needed funds. Refinancing means getting out of your current mortgage and...
by Michelle McCullough | Oct 5, 2020 | Credit, Credit Checks, Debt, Mortgage |
There’s a virtual credit file with your name on it! When it comes time to take out a mortgage, that file gets opened and the result is a credit score that will help determine whether and how much you can borrow and at what rate. The good news is that you are...
by Jamie Cunningham | Jul 15, 2020 | Announcements, Bank of Canada, BC, Bills, Blog, Bristish Columbia, City of Prince George, CMHC, Debt, Economy, Finance, Home Equity, Homeownership, Interest Rate, Mortgage, Mortgage Broker, PG Mortgage Broker, prince george, Refinance |
The Bank of Canada (“BOC”) announced today that it is holding its target for the overnight rate at the “effective lower bound” of 0.25%. Cameron Strong, CEO, Invis Mortgage Intelligence notes that “Canadian mortgage holders can expect no further rate...
by Jamie Cunningham | May 1, 2020 | Announcements, BC, Bills, Blog, Bristish Columbia, City of Prince George, CMHC, Credit, Debt, Economy, Finance, Home Equity, Homeownership, Interest Rate, Mortgage, Mortgage Broker, Payments, PG Mortgage Broker, prince george |
We hope you and your family are enjoying good health and finding some measure of happiness in this strange spring. Certainly, many are feeling the financial pressures mount as we work together to conquer this pandemic. The good news is there are strategies that can...
by Michelle McCullough | Sep 11, 2018 | Bristish Columbia, City of Prince George, Credit, Debt, Interest Rate, Mortgage, Mortgage Broker, Mortgage Changes, PG Mortgage Broker |
Fact #1: Your credit score matters even more Lenders are beginning to review client files prior to renewal, which means if your credit score has slipped, you may be offered a higher rate at renewal, even if you have never missed a payment. Regardless of where you are...
