Archive for December, 2008

Pick the Right Perks for your Adjustable Rate Mortgage

The House Team Of Mortgage Intellingence asked: These are heavy days for Canadian homeowners. If you’ve been in your home even a few years, you’ve probably already enjoyed a modest climb in the value of your home. Even if you don’t intend to sell, it’s good to know that your real estate investment is doing [...]

Mortgages and Remortgages – Which One Will Suit My Circumstances?

Andy Silk asked: If you’re using a mortgage to buy your home but are not sure which one will suit your needs best, read this handy guide to mortgage types in the UK. Taking out a mortgage has never been easier.Fixed Rate Mortgages – the lender will set the APR (Annual Percentage Rate) for the [...]

Can I refinance a loan with another bank to the original amount if I need extra cash?

traveler#305 asked: I have a loan that is paid on diligently every month. It is secured by a cd of the original loan amount. I would like to refinance this loan to the amount of the original security, take the cash, and keep my original monthly paymentAdd a link here 1

Cabin Fever? Mortgaging for Recreation Properties

The House Team Of Mortgage Intellingence asked: All across Canada we’re seeing the recreational property market continue to go through the cedarshingled roof. Industry experts predict another year in which buyers seeking a property may outnumber the recreational properties available. The boomers are in their peak income years and have benefited from an unprecedented climb [...]

Can I refinance my mortgage and home equity line of credit together?

MH asked: For example, I take both loans and refinance them together as 1 loan with a 30 year loan?Add a link here 1