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Category: Mortgage Tips & Advice (25 posts)

  • July 11, 2018 @ 10:09 AM
  • Posted by Karen Blomquist

Real Estate: How to Refinance a Mortgage with a Bad Credit Score

There are many excellent reasons a homeowner may look into refinancing their mortgage. To refinance means to replace your current mortgage with a new one, almost always with a lower interest rate. For

  • April 11, 2018 @ 1:59 PM
  • Posted by Karen Blomquist

Planning to Refinance Your Mortgage? Ask These 4 Questions First

Deciding to refinance is a crucial financial move that can help you make significant savings. When you plan properly, do your research, and take time to evaluate where you stand financially, you'll be

  • February 14, 2018 @ 12:53 PM
  • Posted by Karen Blomquist

Four Strategies That Can Help You Get Approved for a Mortgage

So, you've decided to take the big step and look into getting what will likely be the biggest loan of your entire life: a mortgage. Applying for a mortgage can be a bit of a nerve-wracking process, es

  • January 24, 2018 @ 1:13 PM
  • Posted by Karen Blomquist

Looking to Invest? Pay Down Your Mortgage Instead

With all the gloomy news about pension plans in the press you may be worrying whether you should actually be investing in a pension plan or not. A new wave of thinking suggests possibly not. There may

  • June 28, 2017 @ 12:50 PM
  • Posted by Karen Blomquist

4 Things You Need To Know When Buying A Vacation Home

Everyone looks forward to a vacation, and many people return to their favorite spot each year. If you really enjoy your annual destination, you might be ready to invest in a vacation home. There are m

  • April 11, 2017 @ 2:54 PM
  • Posted by Karen Blomquist

Buying a Home, Step One: Mortgage Pre-Approval

Whether you're looking to buy your first home, or haven't purchased a home in the past several years, you may be surprised to discover that searching your local real estate listings is not the best pl

  • March 14, 2017 @ 2:54 PM
  • Posted by Karen Blomquist

Why Remortgage? 4 Excellent Reasons to Consider Refinancing Your Home

Your home is probably the most significant purchase you'll ever make, yet it's surprising how many people simply continue paying their mortgage every month without thinking too much about it. However,

  • November 23, 2016 @ 4:23 PM
  • Posted by Karen Blomquist

Saving For College: Four Tips For Parents

One of the prime concerns of parents, especially parents of teenagers, is how their children will be able to afford college tuition. With prices going up each year at even state and community colleges

  • October 12, 2016 @ 10:11 AM
  • Posted by Karen Blomquist

Is Having No Credit As Risky As Having Bad Credit?

Let's clear up one misconception, right off the bat: having no credit is not the same as having bad credit. 'No credit' simply means that your credit history - which tracks your loans and repayments o

  • September 14, 2016 @ 10:42 AM
  • Posted by Karen Blomquist

Why Should I Repair My Credit?

Your credit history is more than just a number; it affects nearly every aspect of your financial life. If you are suffering from a low credit score, you're probably an excellent candidate for credit r

  • July 13, 2016 @ 10:45 AM
  • Posted by Karen Blomquist

How to Manage Your Credit Card Debt: A 4-Step Strategy

Being in debt is undoubtedly stressful, more so when the interest rates keep pushing your overall debt to skyrocketing amounts. Many people fall into the temptations of unnecessary expenditures and en

  • June 22, 2016 @ 10:57 AM
  • Posted by Karen Blomquist

Staging Your Home for a Quick Sale

When it comes to staging your home for a quick sale, the right accessories can make all the difference. You want your home to look spacious and uncluttered, but that does not mean leaving your rooms e

  • May 11, 2016 @ 10:15 AM
  • Posted by Karen Blomquist

3 Ways to Change Your Financial Habits

Some financial habits are good, but others can hold you back and prevent you from saving. If you need to change your financial habits, it is important to take a step-by-step approach. This three-step

  • February 26, 2016 @ 9:16 AM
  • Posted by Karen Blomquist

Important Steps to Take in Your 30s to Prepare for Retirement

Some adults begin planning and saving for retirement immediately after graduating college and entering the workforce. Others delay retirement planning, believing that they have several decades to save

  • January 27, 2016 @ 12:27 PM
  • Posted by Karen Blomquist

Great Tips To Pay Off Your Mortgage Early

Are you looking for ways to speed up paying off your mortgage? Most mortgages are taken out for 15- to 30-year periods. However, this shouldn't stop you from paying off your mortgage early if you come

  • January 13, 2016 @ 11:32 AM
  • Posted by Karen Blomquist

Strategies to Dig Yourself Out of the Debt Hole

Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can help

  • October 28, 2015 @ 11:47 AM
  • Posted by Karen Blomquist

The Benefits of Investing in Income-Producing Properties

Making money in any real estate venture is a difficult task, and many people don't have the skills (or the stomach) for flipping houses. An alternative to this intrinsically risky activity is to purch

  • September 9, 2015 @ 10:41 AM
  • Posted by Karen Blomquist

Should You Spend the Full Mortgage Amount You're Approved For?

  Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for

  • August 26, 2015 @ 3:59 PM
  • Posted by Karen Blomquist

Take Advantage of Low Interest Rates - Refinance Your Mortgage Today

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more.     If you bought your home more than a few years ago, you could probably benefit

  • July 22, 2015 @ 1:33 PM
  • Posted by Karen Blomquist

Ready to Sell? Use This Home Sale Checklist to be Sure

Selling your home is a big decision, and you want to make sure everything is just right before you put the property on the market. For years, you have looked at your home through the eyes of a proud o

  • July 8, 2015 @ 1:13 PM
  • Posted by Karen Blomquist

Why You Need an Emergency Fund - And How to Get One

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a

  • June 11, 2015 @ 7:26 PM
  • Posted by Karen Blomquist

Financing Your First Home

A lot of emotions are involved when preparing to apply for your first mortgage, including excitement, apprehension, joy, and dread. If you do the necessary preparation before diving into the home-buyi

  • April 8, 2015 @ 7:29 PM
  • Posted by Karen Blomquist

4 Strategies That Can Help You Get PreApproved

So, you've decided to take the big step and look into getting what will likely be the biggest loan of your entire life: a mortgage. Applying for a mortgage can be a bit of a nerve-wracking process, es

  • February 23, 2015 @ 12:54 PM
  • Posted by Karen Blomquist

5 easy ways to be mortgage free sooner!

We all know that paying off a mortgage as early as possible makes good financial sense. You’ll save significant interest costs and free up money for RRSPs and other investments, and changing l

  • September 30, 2014 @ 7:10 PM
  • Posted by Karen Blomquist

2 Out of 3 Do Not shop at Renewal

Every now and then we see a mortgage stat that’s a jaw-dropper. This finding from Manulife Bank is one of them. It suggests there are a lot more people with money to burn than one might expec