Posted on 26 January 2013. Tags: Banks, base rates, bond market, Canadian, credit unions, government of canada, interst rates, mortgage, mortgage rates, mortgage-backed securities, prime rate, rates, subprime
Canadian Mortgage Rates Why do the Canadian mortgage rates move the way they do? Why don’t the Canadian Mortgage rates march in lock step with other interest rates?Interest rates in the bond market influence Canadian mortgage rates, but that isn’t where the money for mortgages comes from.
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Posted in Mortgages
Posted on 25 January 2013. Tags: directed, mortgage, Mortgages, Ontario, RRSP, self, syndicate, TFSA
Syndicate Mortgages Canada A syndicate mortgage is where several investors combine funds together to create one instrument (a mortgage). The investment ‘moves’ as one funding but each investor is individually registered and secured proportionally. Syndicate mortgages allow you to have direct collateral for your investment and ongoing returns from the interest earned by the mortgage.
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Posted in Mortgages
Posted on 24 January 2013. Tags: down, hi ratio, insurance, lender, low, morgage, morgages, payment
Mortgage Default Insurance Canada In Canada, any time that someone wants to buy a property with less than 20% down payment, the lender/banks require the homeowner to obtain high ratio mortgage insurance. A High ratio mortgage is defined as a mortgage in excess of 80% of the value of the property. The mortgage insurance is therefore for [...]
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Posted in Mortgages
Posted on 24 January 2013. Tags: amortization, banker, equity, interest rates, lender, morgage, morgages, mortgage, payments, posted rate, prime rate, remortgages, repayments, term, variable rate, weekly
Mortgage Profits Hidden profits in Canadian Mortgages Mortgages can be very complex to understand but you rather know the devil very well to make sure it does not haunt you. Seeking continues advice from friendly Mortgage broker or Banker can assist you to keep you informed and different products available to pay it off sooner.
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Posted in Mortgages