Refinancing Your Mortgage To Get Some Breathing Room

October 19, 2015By adminBlog

High interest debt on credit cards, auto loans, or other consumer loans can be tough to pay off. Sometimes it feels like we’re getting nowhere by just making those high interest only payments each month. Not only that, no one likes the feeling of having multiple higher payments to make every month. Your poor pay … Read More

Purchase Plus Improvements

July 7, 2015By adminBlog

As the housing market is starting to pick up, people are looking to buy their first home, second home or maybe just fix up their first home. I’ve been asked by a few people in the recent weeks about whether they can make their mortgage more to do some renovations to their new home. The … Read More

Property Tax Payment Explained

June 4, 2015By adminBlog

June 30 – a dreaded day in Brandon. The day property taxes are due for the current calendar year.  If you own a home and you have not already received your property tax bill in the mail, be sure to contact the city as they are due whether you receive your bill or not! Since … Read More

Financing An Acreage

March 17, 2015By adminBlog

Some people love the big city life but others long for a big beautiful home in the country. Financing country homes on numerous acres can be a little tricky so there are a few things you need to be aware of if this is your dream. The first thing to look at is the zoning … Read More

Mortgage Insurance – We Have a Better Option

February 27, 2015By adminBlog

As a Mortgage Broker with CENTUM Mortgage Choice, we care about our clients and we want to do what is best for them. It bothered me to watch this investigative report but it also compelled me to let folks know that not all insurance providers that offer life and/or disability insurance on your mortgage treat their … Read More

Not All Mortgage Penalties Are Equal

February 19, 2015By adminBlog

This is a story about Joe and Sue. Two different people with similar mortgages, but very different prepayment penalties.  Joe and Sue each buy a house at the exact same time for the exact same price and get a mortgage for the exact same amount. The only difference is Joe uses a Big Bank, and … Read More

Understanding Why Mortgage Rates Are Dropping

January 21, 2015By adminBlog

The Bank of Canada announced a surprise quarter-percentage-point cut to its key interest rate Wednesday – a move it calls “insurance” against the potentially destructive effects of the oil price collapse. The reduction in the bank’s overnight rate to 0.75 per cent from 1 per cent – its first move since September, 2010 – comes as … Read More

Interest Rate Hike: 4 Ways Canadians Should Prepare

January 8, 2015By adminBlog

The Bank of Canada is expected at some point in the year to hike interest rates, and even a small and gradual hike would affect millions of Canadians with car loans, mortgages and lines of credit. “Definitely not going to take much of a hike to make a difference and impact your payments,” says Toronto-based financial planner Jason Heath. “As soon as there’s a quarter-point increase in interest rates, I … Read More

Your Home Buying Team

November 19, 2014By adminBlog

Purchasing a home is likely to be the largest investment you will ever make, and that means that it is very important you have a team of professionals working with you throughout the entire process. Here are the key players you will need. More and more clients are discovering the benefits of utilizing the services … Read More