13 Feb

Buying the Best Home for You

General

Posted by: Garry Grewal

Before you begin searching for a home, it’s always helpful to think about your needs, both now and in the future. The following are some things to consider when you’re deciding which type of home to buy: • Location. Do you want to live in a city, town or in the countryside? How long will […]

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16 Jan

25 Tips To Help Pay Off Your Debt Faster

General

Posted by: Garry Grewal

1. Make a double mortgage payment whenever you can. Doing this once a year can help pay off the mortgage 4 years sooner! If your payment is $2,000 a month, four years of no payments is $96,000!! 2. Increase the frequency of payment. Going from monthly to accelerated bi-weekly can reduce your mortgage by over […]

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19 Dec

New Year’s Resolutions for Mortgagors

General

Posted by: Garry Grewal

You’ve probably made a few new resolutions for 2016. Have you also resolved to reduce the cost of your mortgage and keep more of your hard-earned dollars in your own pocket? Here’s the often-repeated simple formula to minimize your interest cost and pay off your mortgage sooner: 1. Make your payments as frequently as possible. […]

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14 Nov

Six Reasons to Use a Mortgage Broker

General

Posted by: Garry Grewal

Mortgage brokers keep up-to-date with the latest product offerings from lenders and have intimate knowledge of various features and options. Here are six key reasons for using mortgage brokers. 1. Choice: If you go directly to your bank, you will only be offered products from that financial institution. Mortgage brokers have relationships with several different […]

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17 Oct

Three Simple Tips For Paying Off Your Mortgage Faster

General

Posted by: Garry Grewal

Mortgages in Canada are typically amortized over 25 to 35 years. While this seems a long time, it does not have to take anyone that long to pay off their mortgage if they choose to do so in a shorter period of time. With a little bit of planning, and some sacrifice, most people can […]

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