The prospect of a mortgage and owing a huge sum over decades — whether you’re arranging or renewing financing on a home — can be daunting. And when you look at how much of your payments go toward the interest in the early years of your mortgage, that’s even more discouraging. Jared Ksenica, BMO’s regional vice-president for the GTA mortgage specialist sales force. Discuss with your adviser the length […]
The mortgage nightmare has become somewhat of a poster child for the benefits of omnichannel banking — being able to switch among various channels to pick up with incomplete applications. The bank’s streamlined, user-friendly digital mortgage application delivers a smoother process to consumers who crave time savings. Moving is one […]
How long does it take to buy a house? It will take much longer if you make mistakes at the beginning. Even if you are able to accomplish it fairly quickly, these mistakes could cost you in other ways, such as discovering you paid way too much or finding problems […]
Questions about Refinancing This question was posed to me recently through Quora, the question and answer web site. I did not answer it there because an adequate answer in the short space that Quora likes was impossible. But it made me think about why that was the case, and the […]
