Under the new mortgage stress test implemented by the Federal Government as of October 2016, may limit new home buyers to the amount of home they can afford and qualify for. The move sparked by potential hikes in interest rates and increasing housing prices, is aimed at insured mortgages up to terms of 5 year […]
home renovations
Home Renovations Home Renovations can increase the value of your home. Updated bathroom or kitchen, new hardwood floors, or energy efficient solutions all are valuable ways to add value and enjoy the benefits of your hard work. One can qualify for a renovation loan or mortgage regardless of credit. As long as there is enough […]
mortgage rates for bad credit
Mortgage rates for bad credit Mortgage rates for Bad Credit Mortgages. Most people fear when they ask about mortgage rates for bad credit, cringe. typical for bad credit. This is far from the truth because in today’s market place, mortgage rates for bad credit have actually decreased substantially from 2008 when the sub prime mortgage […]