Rent-to-Own Becoming a More Popular Choice for Canadians
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Matrix Mortgage Global – Rent-to-Own Becoming a More Popular Choice for Canadians While fairly common in the U.S., rent to own agreements are much less familiar to Canadians. Recently however, that has started to change. Between new mortgage rules and ...
Your Questions About Bridge Financing Answered
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Matrix Mortgage Global – Your Questions About Bridge Financing Answered Bridge financing is a solution for those who wish to purchase a new home before their old one has sold. It is a loan that is meant to “bridge” the ...
Is Refinancing a Good Strategy for Paying of Debt?
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Matrix Mortgage Global – Is Refinancing a Good Strategy for Paying of Debt? Many Canadians today are facing crisis levels of consumer debt. If you and your household are in this situation, you may be looking for a way to ...
CMHC Looking for Solution to Stop Canadians from Exaggerating Their Incomes on Mortgage Applications
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Matrix Mortgage Global – CMHC Looking for Solution to Stop Canadians from Exaggerating Their Incomes on Mortgage Applications The Canadian Mortgage and Housing Corporation (CMHC) has long been citing concerns that some Canadians may be overstating their income when they ...
Is a Reverse Mortgage the Right Product for Me?
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Matrix Mortgage Global – Is a Reverse Mortgage the Right Product for Me? Many Canadians aged 55 and older take advantage of a financial product called a reverse mortgage in order to help them access equity in their home. They ...
Threats of Trade War Won’t Keep Interest Rates Down
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Matrix Mortgage Global – Threats of Trade War Won’t Keep Interest Rates Down If you have spent any time shopping for a mortgage lately, you know that interest rates are on the rise. In fact, The Bank of Canada has ...
How can you use the money from a second mortgage?
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Matrix Mortgage Global: How can you use the money from a second mortgage? If you are looking to borrow a large sum of money and you have built up equity in your home, one of the most convenient types of ...
Are you paying too much on your mortgage?
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Matrix Mortgage Global – Are you paying too much on your mortgage? Close to a quarter of Canadians may be paying higher rates on their mortgages than they need to, simply because they aren’t comparing mortgage rates before they choose ...
New CMHC Report Shows Large Mortgages Have Lower Delinquency Rates
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Matrix Mortgage Global: New CMHC Report Shows Large Mortgages Have Lower Delinquency Rates A recent report by the Canadian Mortgage and Housing Corporation (CMHC) has found that while large mortgages are on the rise, the delinquency rate for these is ...
How to Use the Second Mortgage to Start a Business?
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Matrix Mortgage Global – How to Use the Second Mortgage to Start a Business With job security more often than not, being perceived as a thing of the past, more and more Canadians are venturing out on their own to ...