by harmerwealth | May 16, 2020 | Debt, Financial, Mortgages
Q.What is a HELOC (Home Equity Line of Credit)? Home Equity Line of Credit (HELOC) is a type of mortgage that is secured against your home. As you pay off your mortgage and build up equity in your home, a HELOC allows you to gain access to your home equity to use the...
by harmerwealth | May 16, 2020 | Financial, Investing, Mortgages
Updated: Apr 19, 2021 Q.How do I know what I can afford? When Shopping for a home it’s important to determine the maximum mortgage and home price you can qualify for. To determine your maximum affordability, lenders take several factors into account,...
by harmerwealth | May 15, 2020 | Investing, Mortgages
1. What’s the best rate I can get? Your credit score plays a big part in the interest rate for which you will qualify, as the riskier you appear as a borrower, the higher your rate will be. Rate is definitely not the most important aspect of a mortgage, however, as...
by harmerwealth | Jun 13, 2019 | Financial, Mortgages
Sean Cooper Yahoo Finance Canada June 13, 2019 Spring may have had a late start in many parts of the country, but it looks like the real estate market is finally starting to pick up. And the timing couldn’t be better. Five-year fixed mortgage rates, popular among...
