refinancing residential mortgages Archives - Focusing on real estate

Real estate resources for your review, reading and study as the case may be.

Canadians are pretty much on the edge

We keep seeing more articles about Canadians pretty much on the edge financially. Here is another article discussing just how serious it is: Nearly Half Of Canadian Homeowners Aren’t Prepared For Emergency Expenses: Manulife Bank Survey.It seems that relatively small changes in interest rates will put many Canadians over the edge. There are a number of… read more »

The residential mortgage – easy street for borrowers

I have been trying to figure out if the borrowers are so tight on cash (as reported in many newspaper articles, how do they manage to survive the 5-year renewal? Silly me, it’s just that I don’t understand the rules. Let’s Look at an Example Mortgage Situation To get things rolling, let’s look at an… read more »