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How does the amortization period effect your mortgage
The amortization period refers to the amount of time it will take to pay off your mortgage. The Financial Consumer Agency of Canada has a great resource on how the length of the amortization effects your mortgage. Click here
The Value of a Mortgage Broker in 30 seconds
https://www.youtube.com/watch?v=4_sP_XBEP8k
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Help Us Help The Homeless
For the second year in a row we are participating in the local Hockey Helps the Homeless Tournament. On Saturday May 7th, with your generous support, we will not only be stickhandling our way around with former NHL pros, we…
Apple builds robot to recycle their phones
https://www.youtube.com/watch?v=AYshVbcEmUc
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Bank of Canada maintains overnight rate, Prime will remain at 2.70%
Good news for all the variable rate mortgage holders once again. Prime will remain at 2.70%. You can start your happy dance now. Press release The next scheduled date for announcing the overnight rate target is May 25 2016.
The Debt Trap, an interesting video on how to avoid it.
https://www.youtube.com/watch?v=q771arwaBi4&feature=youtu.be
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It Pays to Know! A great resource from the Financial Consumer Agency of Canada
From mortgages to credit cards, banking, budgeting and fraud. The Financial Consumer Agency of Canada is a fantastic unbiased resource on the aforementioned topics. www.itpaystoknow.gc.ca
How much does it cost to break a mortgage?
A great video outlining the different penalties associated with breaking a mortgage.