Trigger Rates

General Tim Hill, MBA 5 Oct

What they are, when they take effect, and who they affect. And how to get around them. There has been a lot of talk in the media lately about “Trigger Rates”, but not a lot of information about what they really are. First, we must understand what a Variable Rate Mortgage actually is. VRM vs […]

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Should I sell and rent or get a reverse mortgage?

Mortgage Tips Tim Hill, MBA 5 Jul

What to consider before selling your home or getting a reverse mortgage. The math reveals the real costs for retirees. I’m an 82-year-old widowed woman, and my savings are depleting fast. I feel privileged, as I have the luxury of owning my own two-bedroom, one-bathroom condo. I have two options: to selI and rent a […]

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10 Reasons Why You May Not Qualify for the Best Rates

General Tim Hill, MBA 6 Apr

As mortgage brokers, we know that homebuyers often enter the mortgage process with confident expectations surrounding the rate they expect to receive, only to be disappointed when they can’t qualify for the best rates. They inevitably always come back with one burning question: why? Why do homebuyers not qualify for the mortgage rate they thought […]

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