289-755-0146 amy@amycoburn.com

The Rate Game

So why is it that mortgage broker’s cringe when they are asked…”What’s your rate?”Things have changed greatly in the mortgage industry, especially over the last year.  These days, we need to know all the details of an application before we can even give a range of...

Don’t Get Caught by Teaser Rates!

Teaser rate – definition:The below-market interest rate that is offered by lenders or credit card companies to gain new business. Offering a below-market interest rate often encourages people to switch credit cards or lenders to save money. Also known as an...

Fixed vs. Variable

One of the first decisions homebuyers face is whether to select a fixed rate or variable rate mortgage. Fixed mortgage rates are more popular and represent about 65% of all mortgages in Canada. With a fixed mortgage you can “set it and forget it” as you...