Second Mortgages – marladaniels.com

Financing a Foreclosure

Nov 9, 2023

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in Commercial, Credit Card, Investing, Lending Rules, Mortgage Broker, Mortgage Insurance, Mortgage Rates, Mortgage Refinancing, New Home, Options, Personal LIne of Credit, Personal Loan, Refinance, Renovation, Second Mortgages

Many people look at purchasing a foreclosure because the price is right. If you are thinking of buying one, here are some things you should think about. Once a property is listed as a foreclosure on the MLS, it has gone to a court ordered sale. The dealings will be through the realtor the bank…

Bank of Canada maintains overnight rate target at 1/2 per cent

Jan 20, 2016

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by

Marla

in Commercial, Credit Card, Investing, Mortgage Broker, Mortgage Insurance, Mortgage Rates, Mortgage Refinancing, New Home, Options, Personal LIne of Credit, Personal Loan, Refinance, Renovation, Second Mortgages, Uncategorized

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Inflation in Canada is evolving broadly as expected. Total CPI inflation remains near the bottom of the Bank’s target…

Bank of Canada Rate Update!!!

Oct 22, 2015

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by

Marla

in Commercial, Credit Card, Investing, Mortgage Broker, Mortgage Insurance, Mortgage Rates, Mortgage Refinancing, New Home, Options, Personal LIne of Credit, Personal Loan, Refinance, Renovation, Second Mortgages

Bank of Canada maintains overnight rate. Yet again, the Bank of Canada has opted to keep the target for the overnight rate steady at ½ percent-meaning variable rate mortgages won’t be moving any time soon. The Bank attributed it’s move (or lack thereof) to weaker-than-expected global economic growth and uncertainty surrounding China’s transition to a…

Bank of Canada Rate Update

Sep 9, 2015

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by

Marla

in Commercial, Investing, Mortgage Broker, Mortgage Insurance, Mortgage Rates, Mortgage Refinancing, New Home, Options, Personal LIne of Credit, Personal Loan, Refinance, Renovation, Second Mortgages

Good news for variable clients and those with lines of credit. Bank of Canada maintains overnight rate! Despite global economic uncertainty fuelled by the situation in China, the Bank of Canada is opting to maintain it’s target for the overnight rate at 0.5% this month-although some economists believe another rate cut may still be in…

Choosing The Right Mortgage Broker Can Save You $1,000’s!

Oct 3, 2014

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by

Marla

in Commercial, Investing, Mortgage Broker, Mortgage Insurance, Mortgage Rates, Mortgage Refinancing, New Home, Personal LIne of Credit, Personal Loan, Refinance, Renovation, Second Mortgages

Finding the best rate is a FREE service to our clients! More lenders are competing for your business. That’s why more than two out of five Canadian mortgages are now handled by a Mortgage Brokers. Just as an Insurance Broker finds you the best deal on insurance, a Mortgage Broker finds you the best deal…

FINANCING A FORECLOSURE

Sep 25, 2014

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by

Marla

in Investing, Mortgage Broker, Mortgage Insurance, Mortgage Rates, Mortgage Refinancing, New Home, Personal LIne of Credit, Refinance, Renovation, Second Mortgages

Many people look at purchasing a foreclosure because the price is right. If you are thinking of buying one, here are some things you should think about. Once a property is listed as a foreclosure on the MLS, it has gone to a court ordered sale. The dealings will be through the realtor the bank…

Investing in Second Mortgages

Jun 5, 2014

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by

Marla

in Investing, Second Mortgages

What you need to get started You will need money to invest. This can be cash, RRSPs or available funds on a line of credit. Investing from a line of credit registered against your house is tax deductible. Who applies for a second mortgage? People applying for second mortgages are those who otherwise don’t qualify…

Category: Second Mortgages

Financing a Foreclosure

Bank of Canada maintains overnight rate target at 1/2 per cent

Bank of Canada Rate Update!!!

Bank of Canada Rate Update

Choosing The Right Mortgage Broker Can Save You $1,000’s!

FINANCING A FORECLOSURE

Investing in Second Mortgages