The Four Types of Mortgage Products

When purchasing real estate in the Hamilton area it’s important to consider your mortgage options.  Although there are specialty products available in the mortgage market like Interest Only mortgages and Balloon Payment Mortgages, the majority of homeowners opt for...

The mortgage pre-approval

Are you looking to own real estate in Hamilton?  Getting a pre-approval from a lender makes it easier for you to find the home you want within your price range. However, getting pre-approved does not guarantee you’ll get the mortgage. It is simply a certificate saying...

Home ownership benefits retirees

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...

Cash Back mortgages still available

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...