Mortgage Brokers Provide Healthy Competition

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Here is a great article talking, indirectly, on how mortgage brokers are very good for the economy and the end-consumers. In Australia, banks own over 93% of the mortgage market. There is no mortgage-securitization (CMHC) over there, which makes it very difficult for non-bank lenders (mono-line lenders) to compete in that marketplace. And – for… Read more »

Down Payment On A Home

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As a first time buyer beginning to do some research on your first home, where do you begin? Well, let's start at first base – Down Payment On A Home. How much? When? Why? How? Where? All kinds of questions!!!! The minimum down payment you** are required to put down on a home is 5%… Read more »