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Variable Rate

What Is A Variable Rate Mortgage?

A mortgage in which payments may fluctuate from month to month depending on market conditions. If interest rates go down, more of the payment goes towards reducing the principal; if rates go up, a larger portion of the monthly payment goes towards covering the interest.

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Term Length

What Should The Length Of My Mortgage Term Be?

The length of mortgage terms varies widely – from six months right up to 10 years. While four or five-year mortgages are what most home buyers typically choose, you may consider a short-term mortgage if you have a higher tolerance for risk, if you have time to watch rates or are not prepared to make a long-term commitment right now.

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ECMB Team

I’m very pleased to share that our Brokerage – East Coast Mortgage…

I’m very pleased to share that our Brokerage – East Coast Mortgage Brokers, has been recognized as one of Canadian Mortgage Professional -Top Brokerages of 2019! ?? … For the second time, in 3 years! Our Brokerage believes in the motto, “treating clients friends,” and has held on strongly…

bank of canada

Canadian interest rates will likely sink lower in 2020

The Canadian labour market is strong and wage growth is encouraging, but still, the Bank of Canada can’t seem to shake the feeling that something bad is going to happen.

The post Canadian interest rates will likely sink lower in 2020 appeared first on Livabl .

winter moving

4 winter moving tips every new homeowner should know

Despite the cold, if planned correctly, opting to pack up during the winter season can be as successful as moving in summer or spring.

The post 4 winter moving tips every new homeowner should know appeared first on Livabl .

Sunday Activities

Looking for some fun activities to do on a Sunday? ?? Here…

Looking for some fun activities to do on a Sunday? ?? Here are a list of events happening today, in St. John’s: ✳️ Kelsey Fall Mini-Market! ? Jumping Bean Coffee – Kelsey Drive, St. John’s ✳️ Sunday FUN-Day with The Market Family ? Fluvarium – St. John’s ✳️ An…

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