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In Default – but Hits the Jackpot (sort of)

Interesting article about a guy who bought a house, just before the big crash, went into foreclosure – and then, somehow, ended up owning the house free and clear!  This isn’t typical, of course, and was probably a fluke, but it’s still a good read!   http://jacksonville.com/business/2011-04-10/story/bank-gives-man-foreclosed-jacksonville-house-free#ixzz1J85Sn5WG

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Confused About Canadian Mortgages ??

Sounds like the Big Banks are to. Even the Bank of Canada can’t figure it out. Here’s a quicky update: Rate Uncertainty & Ben Tal’s Call Choosing between a fixed or variable mortgage can seem like throwing darts with your eyes closed. Borrowers today are seeing headlines like this: Economists want BoC to keep raising […]

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Should Paying Off The Mortgage Wait?

There is never a downside to paying off your mortgage because it means interest saved which means thousands more dollars in your pocket, however if you recently received a gov’t. tax refund there may be other factors to consider.    If you take a $1400.00 tax refund and apply it to a typical mortgage at […]

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What Kind of Borrower Are You.

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