Can we set up a Folder for Canadian Mortgages? | General financial discussion | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Can we set up a Folder for Canadian Mortgages?
August 3, 2011
6:22 am
Jenna
Member
Members
Forum Posts: 82
Member Since:
July 13, 2011
sp_UserOfflineSmall Offline
Go to Top
1sp_EditHistory sp_Permalink sp_Print

Peter, are we able to set up a folder for Canadian mortgages? I know this is not totally on the topic of "Canadian High Interest Savings Accounts", however owning a home is the greatest financial investment of one's life, so in my books very closely related to savings.

There are just so many aspects of Canadian mortgages available to be critiqued: ie: the institutions, their rates (the high, the low), the perks (cash back mortgages, mortgages offering free groceries or other perks), etc.

If this is acceptable and if a folder can be created, I would be glad to start a detailed mortgage topic, including a table of comparative rates.

August 3, 2011
7:27 am
Peter
Admin
Forum Posts: 1441
Member Since:
May 15, 2007
sp_UserOfflineSmall Offline
sp_UserWebsite
Go to Top
2sp_Permalink sp_Print

Thanks for the suggestion. Sounds like something to at least try out! I find all of the mortgage offers overwhelming sometimes...

I've created a new empty forum now:

https://www.highinterestsavings.ca/forum/mortgages/

If you want to write something even more comprehensive, you could consider writing an article:
https://www.highinterestsavings.ca/forum/general-comparisons/want-to-write-articles-about-bank-accounts-perhaps-for-pay/

August 3, 2011
7:31 am
Jenna
Member
Members
Forum Posts: 82
Member Since:
July 13, 2011
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

Thanks Peter! There is so much to cover in the area of mortgages, mainly because so many companies aside from the big banks offer them. This will definitely be a work in progress.

August 4, 2011
6:24 pm
Doug
British Columbia, Canada
Member
Members
Forum Posts: 4273
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline
sp_UserWebsite sp_Twitter sp_Facebook sp_LinkedIn sp_YouTube
Go to Top
4sp_Permalink sp_Print

I think this is a good idea, to have a separate forum for mortgages, much like we have one for credit cards. I'm not sure if we need a chart for them - as they're always frequently changing. One site I might suggest, which I've found helpful for gauging (some of) the mortgage offers in your local area is RateSupermarket.ca. They have the big non-bank lenders, plus all of the banks; however, I can never find any rates for some of the smaller ones like Merix, MCAP, Fisgard Capital or even some of the smaller Mortgage Investment Corporations and such. Anyone else recommend any good sites?

Also, does True North Mortgage actually lend or are they just a mortgage broker? Other than them, First National Financial or Street Capital seem to always have the best rates. :)

Cheers,
Doug

August 5, 2011
12:20 pm
Jenna
Member
Members
Forum Posts: 82
Member Since:
July 13, 2011
sp_UserOfflineSmall Offline
Go to Top
5sp_Permalink sp_Print

Thanks Doug. I will be looking at other lenders that are offering great rates, including the two that you have suggested.

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.