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Mortgage Category

Are You Using These 10 Mortgage Reduction Strategies?

Posted on September 29, 2014 by Ben Sage in Advice, Mortgage, Real Estate

Originally Posted by www.donrcampbell.com   When in doubt go to an expert who knows more than you. That has been my Modus Operandi throughout life. I find it both sad and amusing when people allow their ‘professional jealousies’ or their ‘fear of looking weak’ get in their way of doing more, knowing more and frankly making […]

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BoC: “Steady as she goes” – for now!!

Posted on October 23, 2013 by Ben Sage in Borrowing Rates, Buyer, First Time Buyer, Investment Real Estate, Mortgage, Selling, Woodstock Ontario Real Estate, Woodstock Ontario Real Estate Stats

  It’s Benchmark Interest Rate day! Exciting stuff huh?  Well, to me it is! No surprise, at 10am this morning, the Bank of Canada announced it would hold the Benchmark Interest Rate at 1 percent, where it’s been for more than 3 years. This will likely have a calming effect on other rates over the near-term, as […]

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Don’t Fear the Renewal!

Posted on October 3, 2013 by Ben Sage in Borrowing Rates, Mortgage, Woodstock Investment

I am analyzing our mortgage renewal options. There are so many different mortgage products, fixed, variable, capped, open, closed….. Will rates go up? When will they go up? Should I think 3 or 4 or 5 year? Shorter term? What’s the best choice? Prioritize monthly payments or debt reduction….. Ack!  I have a genuine case […]

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Dec 19, 2012 – Today’s Rates at TD Canada Trust

Posted on December 19, 2012 by Ben Sage in Mortgage

Click the link below for today’s borrowing rates, courtesy of JEFF TEED @ TD Canada Trust. Rate Sheet December 19,2012 If you have questions about this or any other Real Estate related matter, please don’t hesitate to contact me!

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Panicky Beurocrats threaten to put a damper on the Real Estate Market again….

Posted on January 14, 2011 by Ben Sage in Mortgage, ON, Ontario, Property Value Woodstock, Woodstock, Woodstock Homes, Woodstock Investment, Woodstock Ontario Real Estate, Woodstock Real Estate, Woodstock Realtor

In a chilling reminder of what happened to our market as of July 1st, 2010, it is today being speculated that Jim Flaherty, our wonderful Finance Minster may act to stem the scourge of consumer credit that us Canadians are apparently awash in.  Pundits have been ironically warning us for nearly a year, as our […]

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Globe: Mortgage breakage costs: let’s stop the nonsense

Posted on August 6, 2010 by Ben Sage in First Time Buyer, Mortgage, Woodstock Ontario Real Estate

I found this article interesting and very relevant. Check it out! Original Article Have you ever wondered why the banks list posted mortgage rates that are ridiculously high? One reason is that it could result in you paying $10,000 or more in extra penalties should you ever break your mortgage with them. Here is the […]

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