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Mortgage Education

Buying a Pre-Construction Condo in Toronto

 

buying a Pre-Construction condoConsumers looking at buying a pre-construction condo in the Toronto area need to know that there are additional financial considerations when compared to the purchase of an existing condo. Existing condos only require 5% down, but you need a 20% down payment on a pre-construction condo. The good news is that this 20% is not paid all at once. Read More…

Mortgage Education

How To Get The Best Deal On Your Mortgage Renewal

 

 best deal on your mortgage renewalHow to get the best deal on your mortgage renewal? For many homeowners, mortgage renewal is a done deal. The lender sends you the papers, you see the new interest rate and you sign. According to Angus Reid, a full 27% of home owners never even look for a better deal, but they should. Renewal time is an ideal time to get better terms. Read More…