With interest rates still at historic lows, the housing market looks affordable for many families across Canada and yet far from reach for many others. Can you guess who?
As the old saying goes "the rich get richer and the poor get poorer" and here in Canada, it's the truth! It’s note surprising to learn that according to CMHC “a typical homeowner went from being 18 times wealthier than ...
Posted by Craig Rushton
on March 4, 2011
With interest rates at an all-time low, many Canadians are taking advantage of the savings by refinancing their mortgages to consolidate debt, make home renovations, invest in real estate or other ventures, or moving up the property ladder.
Following are ways to take even further advantage of this excellent rate environment by paying down your mortgage faster.
Tip #1
Prepay early in the mortgage ...
Posted by Craig Rushton
on February 5, 2010