Archive for December, 2012

Ever thought about checking your own credit score? Think again, you will NOT get the credit score lenders will see when they pull your credit report. In fact, if you want your credit score, Equifax charges you extra money. But what they fail to tell you is that you’re getting the ‘Consumer Credit Score’. Lenders […]

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May sound like a silly question, but what’s the difference between a mortgage payment and paying rent? They can both occur on the exact same day, but there is a subtle difference. Of course, we all know that a mortgage payment is for a mortgage and rent is for rent, but is that it? Yes, […]

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BEWARE, this mistake could cost you your $10,000 BC First Time Home Buyers bonus Tony Spangniolo over at BCrealestatelawyers.com reminded us all of the importance of using a mortgage broker. Many of you may already know about the new home buyers bonus. An incentive introduced in the Budget earlier this year that Basically says, if you’re a first time home buyer and you buy a brand new home, you can receive up to $10,000 […]

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                                      Mark Fidgett is a Vancouver mortgage broker and the driver behind www.NotaPennyDown.com 604-273-2002 Your Vancouver Mortgage Broker For Life www.notapennydown.com P.S. Who’s the next person you know who wants to save thousands off their mortgage? Be […]

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Should you go with a fixed mortgage rate or should you go with a variable mortgage rate? Great question, in fact I was asked to do an interview yesterday for Moneysense Magazine on this exact topic. Let me start by saying, I’ve always believed there isn’t a one size fits all answer to this question. I think risk tolerance is a big factor. The question then becomes, […]

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