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It’s extremely unfortunate, but most mortgage holders are not aware of the biggest mistakes that are made during mortgage renewals. Don’t let a mortgage renewal be your worst nightmare.
Canadian real estate prices remain strong. This is in large part due to a low interest rate environment that not only affects borrowers but investors as well. With low deposit interest rates in Canada, US and Europe, investors are looking for appreciating assets to invest in.
Canada with its diverse stable economy is a desirable place for all sorts of investments and real estate has been the choice for many looking to acquire assets that appreciate.
CMHC is pleased to introduce enhancements to its Green Home program for Canadians who purchase an energy-efficient home or make energy-saving renovations to an existing home using CMHC-insured financing. The premium refund will increase from 10% to as much as 25% depending on the level of energy efficiency achieved.
Do you know what refinancing is and its main purpose?
Refinancing your property allows you access to funds, using the equity in your home. And, it can be a lower cost way to borrow the money than taking out a traditional loan. Learn about (1) Reasons to refinance, (2) How to know if property refinancing is right for you, and (3) Basic requirements for refinancing your property.
The experience with AKAL Mortgages Inc. is great!!! I recently got approved for a business loan thought them and the agent that helped me with the process was outstanding. I am impressed with the convenience and very helpful service. I hear their agents on the radio all the time making consumer aware of the options available about mortgages and loans. And, they way they do, touch my heart. So honest and ethical.
My wife and I visited AKAL mortgages Inc. due to their reputation in the market. We were attended in a timely fashion to discuss our mortgage and line of credit needs. We are so glad that we were provided with great options and solutions to choose from. We are very happy and satisfied from the services provided by AKAL mortgages Inc. We definitely recommend their services to our family and friends.