Frank Salvatore

Home ownership benefits retirees

September 27, 2011 by · Leave a Comment 

A recent study released by StatsCan found that purchasing a home is a wise choice as an investment for retirement. The study, which studied the years between 1969 and 2006, concluded that home ownership made a significant and rising contribution to household finances for retirement-age households. According to the report, Study: Incomes from owner-occupied housing […]

Cash Back mortgages still available

September 27, 2011 by · Leave a Comment 

First time homebuyers in Hamilton may be wondering if they’ll ever be able to afford a home. On March 18, 2011, the mortgage lending rules changed, making it slightly more difficult for first time home buyers to qualify for a mortgage. The one change that has a direct affect on first time home buyers is […]

Mortgage Default and Title Insurance

September 27, 2011 by · Leave a Comment 

Mortgage Default Insurance There are a lot of things to consider when buying real estate in Hamilton, in particular mortgage options and mortgage insurance.  Your real estate broker can recommend a mortgage broker but before you speak with them here is some information on mortgage insurance. Mortgage default insurance is the security for the lender […]

Frank Salvatore