http://www.refinance-canada.com/blog everything you wanted to know but could not find the answer to... Mon, 20 Jul 2009 22:17:17 +0000 http://backend.userland.com/rss092 en Let's get to the point.  Refinancing to pay off debts certainly has its advantages and no doubt for many it can stop a financial disaster.  Everyone has heard of refinancing or re mortgaging the existing mortgage for a larger one, and using the proceeds to pay of debt that has ... http://www.refinance-canada.com/blog/?p=42 There is no question that refinancing a home today is still possible despite the many changes to lending guidelines.  Having said that however, the changes have affected those borrowers within the range of credit scores between 560 to 649. It used to be a lender would allow refinancing up to 95% ... http://www.refinance-canada.com/blog/?p=37 Imagine the financial hardship that might prevail if it were that once you lock into a mortgage for a predetermined term, say 5 years, you would be prevented from breaking that mortgage until maturity.  We are lucky that mortgages in Canada do allow for early discharge, albeit, with a penalty, ... http://www.refinance-canada.com/blog/?p=23 Thinking about refinancing your home?   Maybe buying your first home?  Perhaps you are aiming to reduce your current interest rate, or perhaps consolidating other consumer debt, auto payment and mortgage into a single, lower payment. Regardless the purpose of your mortgage, getting approved is relatively easy when your credit is bankable; your mortgage can be ... http://www.refinance-canada.com/blog/?p=3