There are a variety of reasons why Canadian homeowners refinance thier mortgage. The main reason was to consolidate debt...
Winnipeggers love renovations! According to Manitoba Home Builders Association president Mike Moore in a recent Winnipeg Free Press article, “Winnipeg has historically been one the country’s busiest home-renovation markets” and that in 2014, 58% of homeowners plan to renovate their homes. Here in Manitoba, most homeowners are looking to either make updates or to create more room and plan to spend on average nearly $20,000.00.
The top six home-renovation projects for 2014 are...
Most Canadians are wishing they could take advantage of low mortgage rates today, but back off when they discover that their existing mortgage lender would charge them thousands of dollars in IRD (Interest Rate Differential) mortgage penalties should they refinance now.
Imagine that you called your existing mortgage lender and discovered that the IRD penalty would be...