Fixed vs Variable Costs?

Fixed vs Variable Costs? Which is Better? Understanding the differences between a fixed-rate mortgage and a variable rate mortgage is important when considering a loan. Whether you are buying, refinancing, or doing a debt consolidation, understanding the differences between fixed and variable interest rates can help save you money and…

Legal Separation?

Separating from a spouse is emotionally draining. This is often compounded when the largest asset in many relationships, the matrimonial home, is a factor. Sometimes, both parties want to sell and buy new homes but other times, one person may want to keep the home and pay their Ex out…

Identity Theft

Identity theft has been on the rise so I thought I would share some information to protect yourself from identity theft. How to Spot Identity Theft 1. Review your credit report regularly to spot suspicious account openings. 2. Check banking transactions regularly. Report anything strange immediately. 3. Recognize, and look…

Condo Doc Review

Condo Document Review When you purchasing a condo, you are buying into a business. You want a nice condo, but you also want to buy into a well run and financially healthy condo corporation. During your condo purchase, you will have an opportunity to review the condo documents. They outline…

Home Ownership

There are many steps to go through before getting the keys to your new home. The biggest challenge these days is getting approved for a mortgage. Typically, most buyers visit their bank however in todays changing environment, mortgage brokers have more options to help consumers secure their mortgage. Let’s look…

Fixed Vs Variable?

Fixed Vs Variable Mortgage Decision …. Look at the math! Every day I hear the question, which mortgage product should you choose, fixed or variable? What I am about to share with you will be wisdom that will work in any market conditions, and perhaps most importantly – it will…

Rates & Rule Changes

Due to the recent Government Rule changes, putting a large down payment on a home in Edmonton doesn't mean you get the best rates anymore. Savers with a larger down payment literally get you a higher interest rate than someone who puts less than 20% down payment. Within the last…

Why Get Pre-Approved?

Are you shopping the market for a new home but have no idea where to start? Well our team at Mortgage Tailors can help guide you throughout the Sherwood Park mortgage process. If you are a first time homebuyer then you may not know about the perks of getting pre-approved…