Gina Burgio, Mortgage Agent

Thousands of people rushed to register their numbers on the Do-Not-Call List caused the website servers to crash.  The CRTC has since announced that they are increasing capacity/bandwidth to their website. The CRTC has also said that by 1:30pm on Tuesday, 223,000 people has registered for the ser...

Bankers around the world went into miser mode Tuesday after the defeat of a U.S. bailout plan, pushing an interest rate they charge each other for quick cash to a record level. The key bank-to-bank lending rate, the London interbank offered rate, known as LIBOR, soared to 4.05 per cent from 3.88 ...

Starting this month, Canadians will be able to register their phone numbers on a national do-not-call list, but they may find telemarketing calls replaced by junk mail and spam. There are also telemarketing exemptions, which includes: Registered charities seeking donations. Newspapers looking for...

The posted interest rates on five-year mortgages jumped more than a third of a percentage point to 7.2 per cent at major Canadian banks this week. Some think the extra government borrowing and a growing supply of money will sow the seeds for higher inflation and interest rates. The cost for Washi...

Mortgage refinance is becoming a popular financial remedy, especially for those who are burdened by large monthly installments or multiple debts. Mortgage refinance can prove beneficial in several ways: Helps obtain a lower fixed rate  Convert an Adjustable Rate Mortgage into a Fixed Rate Mortgag...

Whether you want to refinance your existing mortgage or make use of your Home Equity for any purpose that you desire, the decision to refinance requires proper planning and consideration of several factors.A well qualified mortgage professional can be of great help to secure the best deal for you...

Renewing your mortgage is as important a financial decision as selecting your first one. While renewing your mortgage, you are in a stronger financial position as compared to where you were before. Your home equity grows over a period of time and by decreasing your principal loan balance, you are...

Few joys can match the feeling of moving into your own home. In addition to the self-satisfaction that comes along with this experience, you will also derive several long-lasting benefits. Owning a home helps build equity, as a house is considered the most valuable fixed assets. You can also bene...

Mortgage rates with various financial institutions are expected to rise today in Canada, as a reaction to recent events in the USA. Some financial institutions are still permitting clients to lock in rates (prior to rate increase taking affect) before the end of day.  Contact your mortgage adviso...

The fate of the government's $700 billion financial bailout plan - a far-reaching attempt to stem a growing economic crisis - was thrown into doubt Monday as the House rejected the controversial measure. The abrupt defeat left the Bush administration and congressional leaders scrambling to figure...