For those of you under 30, at one time wallpaper didn't decorate your computer screen but rather your walls. Trends in home decor tend to be cyclical and the resurgence of shag carpeting is just one example. Oprah Winfrey recently pronounced that wallpaper in home decor is back. Wall coverings are hip and trendy and no longer reserved just for walls as ceilings are ...
Posted by Jeff Gingerich
on July 20, 2009
Many lenders have cancelled their pre-approval program. Others are charging a rate premium. Why? It's estimated that less than 1/3 of pre-approvals are funded. Those that aren't cost millions of dollars in wasted time and effort. So what to do? At Centum Discount Mortgage Canada, we can pre-qualify you and do a credit check. You'll know what you ...
Posted by Jeff Gingerich
on July 4, 2009
Residential real estate in June 2009 provided a bit of sunshine in an otherwise gloomy economy. Kitchener-Waterloo shows approx. 569 sales through the Multiple Listing Service which surpassed June 2008's total of 564. Of note, 75% of sales were under $300 000 and new construction accounted for only 6% of the totals. The average days on the market ...
Posted by Jeff Gingerich
on July 3, 2009
In my last post, we looked at the consequences of higher interest rates upon the renewal of your mortgage. Here are 10 tips designed to protect you from becoming overextended financially in this event.
1. Don't buy too much home. Avoid the temptation to overspend based on what you qualify for. Downsize your expectations and upgrade when you have more equity. Remember ...
Posted by Jeff Gingerich
on July 3, 2009