Before you choose your mortgage, start by knowing the basic conditions of each kind. The object then is to match the right mortgage to your long-term financial situation. If you can’t afford to keep up with repayments, you risk losing everything you worked so hard to gain.… Read More
Interest Rates
If you have been shopping around for a home, but can never seem to find anything quite like what you want, it’s understandable if you are considering home construction for the first time. Financing a new build is slightly different than taking out a mortgage on an existing property.… Read More
It helps to understand the main differences between fixed rate and adjustable rate mortgages, as having the basics down will allow you to ask the right questions when it comes time to compare rates.… Read More
The surest way to see the benefits of refinancing your home is to know as much as you can about your current mortgage and the loan that will be replacing it. A lender can help you sort out the details, but when should you speak to one? Knowing the potential benefits of refinancing can give… Read More
Owning a rental property if done correctly, is a great way to make passive income and set yourself up for early retirement. There is also the benefit of capital gains, which means the revenue from your rental property could be tax-free. But before you go out and buy a rental, we have a few things… Read More
Depending on your circumstances and credit history, you can get loans or avail of government programs that offer lower down payments to help you get on the property ladder. These alternative methods, however, can have downsides, so it is important that you choose the option that best suits your financial situation.… Read More
