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February 2017
This post is brought to you by our friends at CLMS, highlighting the complicated nature of the mortgage market and the greater needs of homebuyers and homeowners alike to lean on the expert advice of a professional mortgage experts. The last quarter of 2016 brought considerable change to Canada’s residential mortgage business. In October, the...
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The mortgage process can be overwhelming. Knowing the key terms that are part of it can help reduce confusion and help guide your first conversation with your mortgage broker. Amortization Length of time over which the mortgage will be repaid. Mortgage Term Length of time that the mortgage contract conditions and interest rate is fixed....
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