Lynn Meldrum's (lmeldrum) Blog

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Mortgage and Lending - Lynn Meldrum with Verico Canada First Mortgage

ARCHIVED BLOG POSTS

2009 

Rigth now is the best time to look at refinancing your home.  Rates are very low right now (Best so far is 3.9% for a 2 year fixed.  If your mortgae was done in the last two years your rates will have been higher than they are know.  even for a straight switch it would be great because your mortg...
03/10/2009
I was thinking about who would need my services the most in this economic time.  I realized that if you worked for a company that may be laying people off and you didn't have any kind of buffer in your bank account.  This would be a time of stress for you.  Not only does employment insurance pay ...
03/09/2009
I realize that someone with a mortgage these days can sometimes be in a negative equity situation, however if your not you could take your payments down by hundreds if not thousands by refinancing and putting all your bills onto your mortgage.  This shouldn't be a yearly occurance if you eventaul...
03/05/2009
Well I thought my predictions would be better than they are.  Bank of Canada went down and most lenders went down with it.  As of April 1st most of the Canadian Lenders will drop their prime to 2.5%  All of those people who got adjustable rate mortgages at Prime -.90% are laughing all the way to ...
03/04/2009
Rainer
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Lynn Meldrum

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