If you’ve been holding off looking into a readvanceable mortgage or HELOC (Home Equity Line of Credit) and are looking to use up to 80% of your home value, you’re running out of time to get it done. The new underwriting mortgage rules (that we looked at a couple of months ago) that were brought… Continue reading The Writing’s on the Wall for the 80% HELOC
Month: August 2012
A bit of Americana
I thought I would do a brief post today on the differences between a couple of American and Canadian terms. Let’s start with the big one: attorney. In the U.S., an attorney is a lawyer. In Canada, an attorney is an agent. Here, we call ourselves simply lawyers. You ask an attorney to manage your… Continue reading A bit of Americana
Happy Simcoe Day
Another Monday, another holiday (not that I’m complaining). No Mortgage Monday blog post this week. Enjoy the long weekend! And if you’re still in town, make sure to drop by Kempenfest 2012. Went with the family this morning – the weather was beautiful, and there are tonnes of things going on! TimTim is a mortgage… Continue reading Happy Simcoe Day