Bi-Weekly Payment Workaround

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Most of us know that changing your mortgage payment from monthly, or semi monthly, to an accelerated bi-weekly payment instantly reduces your standard 25 year amortization by 2.58 years with today’s rates. (If you didn’t know that, you’re likely not working with the right Mortgage Broker). Sometimes, however, an accelerated bi-weekly payment option might not… Read more »

New Mortgage Rules – What Now?

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  Yesterday we received word of some major changes coming down the pipe from the federal government. Changes that are geared towards slowing the, already slowing, housing markets in Vancouver and Toronto. Everyone knew some sort of adjustment was coming, but no one expected to be blindsided like we were yesterday. Here’s what is changing… Read more »