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Whether it is worthwhile to refinance your current mortgage. 

Refinancing your mortgage means paying your existing mortgage loan and buying a new loan in its place. Home owners can opt for refinancing for various reasons and some them are: Refinancing will cost the owner anywhere from 3% to 6% for appraisal, application fee, title search etc, so it is important for you to consider…

What is a home equity loan, how it is worked out?

Home equity loan is actually a second mortgage loan that you can take when you need money to support your projects, expenses that are important. Here is what you have to know about home equity loans Canada if you are planning to buy a second mortgage. Features of Home equity loan When your home is…

Use mortgage refinancing to raise big loans for home improvement or education

Are you in need of money that you wish to invest in home improvement?  Do you need substantial amount of money for your kids’ education? Your mortgage refinancing offers an excellent opportunity to raise funds if you have a mortgage loan which is nearing its end of term. You may be qualified for a home…

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