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Balloon Mortgages Explained

A balloon mortgage is a loan that is provided for a short period of time for a fixed amount of money. Balloon mortgages will often involve periodic payments that are made at a fixed interest rate. During this period, the loan may not be amortized. The balance of the...

Fixed Vs. Variable

Choosing Between Mortgages: Fixed Vs. Variable Mortgage Options: Understanding Fixed vs Variable Rate Canada mortgages. Selecting the mortgage that is correct for you is really important, and it is one that you can make with all the help of the mortgage professional....

Know Before Refinancing

What You Need to Know Before Refinancing Your Mortgage? If you’ve ever questioned if refinancing your mortgage is just a smart financial decision the answer is: You should definitely at least consider it. Not just might it give you more to call home on monthly,...

About Home Equity

Thе hоmе еquіtу lоаn саmе оf аgе іn 1996 whеn аdјuѕtmеntѕ іn thе tаx lеgіѕlаtіоn еlіmіnаtеd dеduсtіоnѕ fоr thе іntеrеѕt rаtе оn mаnу соnѕumеr асquіѕіtіоnѕ. Intеrеѕt раіd оn hоmе еquіtу fіnаnсіngѕ, nоnеthеlеѕѕ, ѕtауеd еxеmрt, аrоund $100,000 fоr сіtіzеnѕ ѕubmіttіng...

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