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Mortgage Blog

Canada's Mortgage Experts

Category: Financing (18 posts)

Should You Get a Shorter-Term Mortgage, Make Extra Payments, or Something Else?

Should You Get a Shorter-Term Mortgage, Make Extra Payments, or Something Else?

September 26, 2018 | Posted by: Aaron Phinney

When getting a home mortgage, if you can afford higher payments, often the option of a 15-year loan instead of one of 30 years is an option. It can be an enticing idea to know that you'll be free of a ...

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Planning to Refinance Your Mortgage? Ask These 4 Questions First

Planning to Refinance Your Mortgage? Ask These 4 Questions First

April 11, 2018 | Posted by: Aaron Phinney

Deciding to refinance is a crucial financial move that can help you make significant savings. When you plan properly, do your research, and take time to evaluate where you stand financially, you'll be ...

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Four Strategies That Can Help You Get Approved for a Mortgage

Four Strategies That Can Help You Get Approved for a Mortgage

February 14, 2018 | Posted by: Roar Solutions

So, you've decided to take the big step and look into getting what will likely be the biggest loan of your entire life: a mortgage. Applying for a mortgage can be a bit of a nerve-wracking process, es ...

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Can You Afford to Buy a New Home?

Can You Afford to Buy a New Home?

December 27, 2017 | Posted by: Aaron Phinney

Is Purchasing a New Home in Your Budget? If you're throwing your hard-earned money away on rent each month, putting that same amount towards your own home could be an incredible advantage. However, i ...

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Credit Card Debt vs Mortgage Debt: Which Should You Pay Off?

Credit Card Debt vs Mortgage Debt: Which Should You Pay Off?

November 8, 2017 | Posted by: Aaron Phinney

It's always a good idea to pay down your debt when you have extra cash on hand. However, as you get started, you will probably be faced with several types of debt you can work on, and it's hard to kno ...

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Five Reasons Why You Should Have More Than One Bank Account

Five Reasons Why You Should Have More Than One Bank Account

October 11, 2017 | Posted by: Aaron Phinney

In today's tech world, being victimized by hackers can leave you penniless if you have only one bank account. The following five situations demonstrate how a having a backup account can keep you ...

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5 Ways to Simplify Your Financial Life

5 Ways to Simplify Your Financial Life

August 9, 2017 | Posted by: Aaron Phinney

No matter who you are or what you do for a living, it can seem like your bank statements, credit card receipts, and other financial documents are burying you alive. If you are struggling under the wei ...

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Buying a Home, Step One: Mortgage Pre-Approval

Buying a Home, Step One: Mortgage Pre-Approval

April 11, 2017 | Posted by: Aaron Phinney

Whether you're looking to buy your first home, or haven't purchased a home in the past several years, you may be surprised to discover that searching your local real estate listings is not the best pl ...

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Why Remortgage? 4 Excellent Reasons to Consider Refinancing Your Home

Why Remortgage? 4 Excellent Reasons to Consider Refinancing Your Home

March 14, 2017 | Posted by: Aaron Phinney

Your home is probably the most significant purchase you'll ever make, yet it's surprising how many people simply continue paying their mortgage every month without thinking too much about it. However, ...

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How to Use Debt Consolidation Loans Effectively and Safely

How to Use Debt Consolidation Loans Effectively and Safely

January 11, 2017 | Posted by: Aaron Phinney

Visit almost any financial site on the web, or watch nearly any daytime TV channel, and you're likely to see advertisements promising that a consolidation loan can solve all your debt problems. There' ...

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Should You Borrow Money to Invest in Real Estate?

Should You Borrow Money to Invest in Real Estate?

December 28, 2016 | Posted by: Aaron Phinney

There's no disputing that real estate investment is one of the best business models for those looking to achieve long-term financial success. The one problem most would-be investors have, however, is ...

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Saving For College: Four Tips For Parents

Saving For College: Four Tips For Parents

November 23, 2016 | Posted by: Aaron Phinney

One of the prime concerns of parents, especially parents of teenagers, is how their children will be able to afford college tuition. With prices going up each year at even state and community colleges ...

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Is Having No Credit As Risky As Having Bad Credit?

Is Having No Credit As Risky As Having Bad Credit?

October 12, 2016 | Posted by: Aaron Phinney

Let's clear up one misconception, right off the bat: having no credit is not the same as having bad credit. 'No credit' simply means that your credit history - which tracks your loans and repayments o ...

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Why Should I Repair My Credit?

Why Should I Repair My Credit?

September 14, 2016 | Posted by: Aaron Phinney

Your credit history is more than just a number; it affects nearly every aspect of your financial life. If you are suffering from a low credit score, you're probably an excellent candidate for credit r ...

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How to Manage Your Credit Card Debt: A 4-Step Strategy

How to Manage Your Credit Card Debt: A 4-Step Strategy

July 13, 2016 | Posted by: Aaron Phinney

Being in debt is undoubtedly stressful, more so when the interest rates keep pushing your overall debt to skyrocketing amounts. Many people fall into the temptations of unnecessary expenditures and en ...

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Why You Need an Emergency Fund And How to Get One

Why You Need an Emergency Fund And How to Get One

June 22, 2016 | Posted by: Aaron Phinney

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a ...

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The Benefits of Investing in Income Producing Properties

The Benefits of Investing in Income Producing Properties

June 15, 2016 | Posted by: Aaron Phinney

Making money in any real estate venture is a difficult task, and many people don't have the skills (or the stomach) for flipping houses. An alternative to this intrinsically risky activity is to purch ...

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Strategies to Dig Yourself Out of the Debt Hole

Strategies to Dig Yourself Out of the Debt Hole

June 8, 2016 | Posted by: Aaron Phinney

Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can he ...

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