Don’t judge a bank’s mortgage by its hyped-up rate

ROB CARRICK

The Globe and Mail

The big banks are masterly in how they attract attention to their mortgage rate cuts.

Don’t buy the hype. For the best mortgage deals as defined by low rates and favourable terms, see a mortgage broker. You may still end up doing business with your bank, but failing to at least consult a broker is borderline personal-finance negligence.

Read the full article at:
http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/dont-judge-a-banks-mortgage-by-its-hyped-up-rate/article23526054/

Ottawa Home & Garden Show

If you're in the Ottawa area, check out the Home and Garden Show this weekend!

Annual Posting Season will soon be here!
Get a mortgage pre-approval now and be ready for your house hunting trip.

I am YOUR Canadian Forces Mortgage Specialist!Having been an Authorized DND Relocation Specialist for many years, I am well diversed in the needs of our Military Members. I have assisted hundreds of members with their postings all across Canada. Since I am able to complete a mortgage anywhere in Canada and with all paperwork being able to be done by fax and phone, it takes the anxiety out of this stressful time. I am with you from start to finish.

Call me today to discuss your mortgage options to ensure you are getting the most from your Financial Envelopes. I will also go over the differences of an MIS and an MIB mortgage.

Unlike the big banks, I can meet evenings or weekends and work around your schedule to make sure you get the best deal possible for your new mortgage at a time that’s convenient for you. I will also take the time to properly explain your options regarding such issues as interest rate buy downs (and tax considerations of not buying down the rate), mortgage portability and fixed vs. floating rates.

Call me today or visit my website for more information!
613-968-5151
http://mortgagesbyandrea.com/cfb.php

Dominion Lending Centres Inc. March 2015 Newsletter‏

Welcome to the March issue of the Mortgage Financing Journal, which is designed to help keep you in the know regarding Real Estate and Mortgage related matters!

This month’s edition looks into mortgage payment frequency and a very important related keyword; ‘accelerated’.  We then offer some thoughts on whether or not now is the right day to purchase a property.

Please feel free to ask questions or offer feedback on anything outlined below via phone or email.

Thanks again for your continued support and referrals!   Click here to see my newsletter!

Will the Bank of Canada Drop the Rate Again Tomorrow? Our Chief Economist, Dr. Sherry Cooper Offers Her Insight‏

https://www.youtube.com/watch?v=smVbZkjEedA&feature=youtu.beture=youtu.be