The Mortgage Blog » Fixed Rate

Mike Morisset Mortgage Minute – Episode #10

Mike Morisset — Mon, 07 Jun 2010 16:37:47 +0000

Do Bi-Weekly Mortgage Payments Make a Difference to my Mortgage?

Episode #10 – Discusses the true impact of making bi-weekly payments on your mortgage versus the standard monthly payments. This episode outlines the savings in interest and years off your mortgage by converting to bi-weeekly payments.

Mike Morisset Mortgage Minute – Episode #9

Mike Morisset — Fri, 04 Jun 2010 16:54:55 +0000

Bank of Canada Qualifying Rate and Who it Affects

As of April 19, 2010 certain mortgage products are required to qualify at the Bank of Canada’s Qualifying Rate. This video explains how the Qualifying Rate works and what mortgage products are affected by it.

Mike Morisset Mortgage Minute – Episode #8

Mike Morisset — Wed, 02 Jun 2010 16:15:11 +0000

Variable Rate vs. Fixed Rate

Since the Bank of Canada Prime Rate is in the news with the first increase in a year…we thought it would be pertinent to review the differences between Variable Rate and Fixed Rate Mortgage products. Knowing how the two mortgage products work is necessary to make the best decision for your mortgage!