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1. What if I own a home, but want to take advantage of lower rates?
A "re-mortgage" can involve a switching of lenders or mortgage products. more...

2. What is APR (Annual Percentage Rate)?
APR referes to the actual interest rate including other finance charges such as private mortgage insurance premiums. more...

3. What is a VA mortgage?
Veteran's Administration (VA) mortgages are issued to military service veterans which affords them the opportunity to buy a home with no down payment and allow the sellers to pay a more...

4. What are ‘points’ and when should I pay them?
Points are also referred to as, origination fees or discount points. These are fees that are charged by the lender which are meant to decrease your mortgage interest rate. One point is more...

5. What is a FHA mortgage?
Federal Housing Administration (FHA) programs are loans insured by the FHA which allows a buyer to buy a home with only a 3 per cent down payment. more.. .

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