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 Jamie Cunningham | Jul 30, 2020 | BC, Blog, Bristish Columbia, City of Prince George, Finance, First Time Home Buyers, Homeownership, Interest Rate, Mortgage, Mortgage Broker, PG Mortgage Broker, Pre-Approval, prepayment penalties, prince george |
We are often asked about monoline lenders – who are they, what benefits do they offer, and how do you get access to a monoline lender anyway? Good questions. “Mono” means “one”. So it’s a “one-line” lender that doesn’t do anything else except mortgage lending....
by Michelle McCullough | Oct 8, 2019 | City of Prince George, CMHC, Down Payment, First Time Home Buyers, Interest Rate, Mortgage, Mortgage Broker, Payments, PG Mortgage Broker, prepayment penalties |
A 2.4% online rate will definitely attract attention! But cheapest is not always best. Once the fine print is read, many will find they don’t qualify, and often there are restrictions that could really cost homeowners in the long run. That low rate may be for quick...
by Jamie Cunningham | Jan 22, 2018 | Blog, City of Prince George, CMHC, Credit Checks, Debt, Down Payment, Interest Rate, Mortgage, PG Mortgage Broker, prepayment penalties, prince george |
1. That “best” 5-year rate? It probably isn’t. Fact is, a “best rate quote” is now meaningless, because mortgage pricing is now based on multiple factors. Everything depends on your personal situation. That’s why we start with an in-depth assessment, and then review a...
by Michelle McCullough | Apr 10, 2014 | City of Prince George, Debt, Mortgage, Mortgage Broker, Payments, PG Mortgage Broker, prepayment penalties |
In recent there has been a lot of chatter going on regarding BMO’s spring interest rate special. At the same time there has been a lot of chatter from other people in the industry warning you about that “special rate”. It doesn’t matter if it’s BMO’s special rate or...
by Jamie Cunningham | Dec 16, 2013 | Debt, Divorce, Home Improvements, Interest Rate, Mortgage, Mortgage Broker, prepayment penalties, prince george, Refinance |
Your home may be the biggest investment you’ll ever make. That means you want to be smart with your mortgage. Although we can’t say for sure what mortgage rates will do – or how the housing market will shift – we have compiled our top tips for the year ahead;...
