Monthly Archives: November 2008

What’s The Difference Between An Open Mortgage And A Closed Mortgage?

November 15, 2008 – 3:30 pm

You may have heard about open mortgages or closed mortgages, and are wondering what’s the difference between both.
An open mortgage typically allows the borrower to pre-pay all of mortgage, beside renew or refinance at any time before maturity. This also means that you can switch your lenders at any time you wish. The catch is [...]

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Understanding Your Credit Report and Credit Score

November 1, 2008 – 3:00 pm

Tips on How to Keep Your Credit Report, Credit Score and Credit Profile Healthy!
Your credit report and score is the most important financial instrument that requires you to apply for the loan you are looking for. It also determines the interest rate credit lenders will be charging you, your highest score will awards you the [...]

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