Want to Pay off your Mortgage Faster?! Change your payments. Simply increasing your payment frequency to bi-weekly or weekly costs nothing and can save thousands of dollars over the life of your mortgage. If you can afford to pay a little extra, consider accelerated bi-weekly or weekly payments—these are equivalent to making one extra monthly
RBC announced today that effective tomorrow, Thursday October 22, 2009, their Homeline Plan line of credit rate will drop to Prime plus 0.50%. This is a drop from Prime plus 0.90%. “Now, more than ever, Canadians can use a break when it comes to financing what is often their largest purchase – their home,” said
In one of the most optimistic reports I have read, Central 1 Credit Union is forecasting record sales and pricing on BC housing for 2010. They anticipate sales to increase 30% and the annual median price to rise to a record $391,000 in 2010. The driver of this, as in many reports and forecasts, I
