Home Buyers Alert

Builders keeping eye on affordability - Calgary Herald May 18, 2012
Builders keeping eye on affordabilityCalgary HeraldSo for those still in Calgary and with the know-how to build a new home, their wages are on the rise. Ultimately, those increased expenses are paid for by new home buyers in the form of higher prices. “If activity remains strong in the residential ...and more » […]
Finding the right agent - TheChronicleHerald.ca May 18, 2012
TheChronicleHerald.caFinding the right agentTheChronicleHerald.caCanada is no different. In fact, the buying and selling process is more complicated because each province has its own rules and regulations. No matter where you live, there are two commandments that ought to guide new-home buyers. 1. […]

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125 refinance

By MSC

125 refinance
I want to refinance, but I have .. JA isn't PMI help?

Of course, I'm upside down in my house. About 125%. I want to refinance, but I have PMI. The bank will not touch me. Is there a company that is going to refinance? I'm on time, never late, great credit, etc.

No, you can, t refinance at all, any bank. Any refi LTV is 80%.

125 refinance

mortgage refinancing question?

I bought a house about a year and a hlaf done with an interest rate fixed for 30 years. Closed in 6125. "I can not refinance when it appears that interest rates could fall to 4.5 with Obama enters the office. Do you need more capital accumulated order to do this? Thank you.

I think you should first contact your mortgage lender who can guide you in detail about your query. I know the source that provided the best deal to refinance a mortgage: http://www.refinancing101.net Here you can get a refinancing solution

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Mortgage Tip of the Day

If you want to borrow and you have bad credit, no credit or no verifiable income, and you need a bad credit mortgage, a mortgage broker can find a lender with the capital you need. If you have equity in your present property or a healthy down payment for a new one, a competent mortgage broker can remove barriers and get you the best mortgage possible. Mortgage Shopper Canada offers a free service with access to Brokers and Lenders covering Canada. Call toll free 1-866-285-3972 with your questions.

Canada-wide Mortgage News

EARNINGS PREVIEW: Solid 2Q Seen For Canadian Banks - Wall Street Journal May 18, 2012
EARNINGS PREVIEW: Solid 2Q Seen For Canadian BanksWall Street JournalBy Caroline Van Hasselt Of DOW JONES NEWSWIRES TAKING THE PULSE -- Continued strong residential mortgage demand is expected to help Canada's major banks post yet another solid quarter of earnings growth despite a recent tightening in lending practices. […]
Book Review: Thieves of Bay Street, by Bruce Livesey - National Post May 18, 2012
National PostBook Review: Thieves of Bay Street, by Bruce LiveseyNational PostIt was the time of falling interest rates, and that, though he does not emphasize it, is really the driving force behind many of the scandals he describes. Interest is the price of money and the premium for risk. Low interest was the double whammy to ... […]