Home Ownership and Mortgages

Home Ownership and Mortgages – Good News, Bad News

tierra-mallorca-rgJ1J8SDEAY-unsplash Stats Canada recently reported that home ownership in Canada has increased from 60% of families in 1999 to 63% in 2016. That’s good news for the Canadian economy and most families, but the bad news is the number of families who have paid off their mortgage has decreased from 46% to 43%. During this study period we saw record low interest rates, so in theory we should have had an advantage paying off our mortgages?

I don’t think the rates are the issue, it’s our behavior, and changing our behavior can be very easy and yield great results.

For example, on a $300,000 mortgage, if you switch from monthly payments to accelerated bi-weekly payments (half your monthly payment paid every second Friday) you reduce your mortgage over a 5 year term by an additional $7,492 and take 2.5 years off the life of your mortgage. The best thing about bi-weekly payments is you end up paying 1 extra monthly payment a year, but it’s broken out over 26 payments, so you really don’t notice the difference until you see the massive savings! I also encourage clients to take advantage of increasing their payments or putting lump sums down when they have a little extra cash, like when you receive your income tax return or annual bonus. A little extra can mean a lot over time, even small amounts compound over time into large savings. If you want to discuss how you can pay down your mortgage faster call me for a mortgage review today. Don’t sign that Mortgage Renewal – talk to us First! Daryl French, AMP

We Value Your Feedback!

Please Review Us Here!

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.

low carb diet plan for weight loss pdf what are some good diets to lose weight best celebrity weight loss pills weight loss pills for women that work new weight loss pills that work fastest way to lose weight through diet lemon weight loss diet pills perfect shape weight loss pills effective diets for quick weight loss best energy and weight loss pills vitamix diet for weight loss doctor recommended weight loss supplements keto diet zucchini recipes consequences of weight loss pills top 10 diets to lose weight ageless md weight loss and hcg diet clinic heart healthy diets to lose weight do anxiety pills cause weight loss do you lose weight on fodmap diet 600 lb weight loss diet how to lose weight fast in a week diet diet and exercise for weight loss and toning weight loss diets athletes contrave weight loss pill reviews integrative medicine weight loss near me weight loss diet plan for female healthy weight loss diet menu best supplement for weight loss gnc what to eat on weight loss liquid diet senslim weight loss pills buy in us ace energy and weight loss pills pills to lose weight in walmart best weight loss clinic pills fort worth weight loss supplements facts does my insurance cover weight loss pills best diet for weight loss and lean muscle vegan diet uncontrollable weight loss diet that works for fast weight loss diet doctors best weight loss indian snack recipes for keto diet diet weight loss sda thyroid pills cause weight loss drops diet weight loss food diet plan to lose weight fast rice and fruit diet weight loss smoothie and soup weight loss diet how to loss weight with diet and exercise weight loss pills gnc men

cbd for sciatica cbd oil in gainesville fl cbd benifits 500mg cbd bath bomb how many drops of cbd oil should i take cbd organization pure cbd hemp oil cbd ingredients medterra cbd oil amazon does cbd oil have any health benefits ropana cbd cbd free sample cbd oil for period cramps water based cbd will cbd make you high how cbd oil works in the body how to take cbd sublingually cbd oil bel air md cbd oil in ct cbd expo 2020 the truth about cbd cnn vida cbd tincture cbd oil itching first class herbalist cbd yolo cbd wax sydney hotel cbd what is cbd clinical trials cbd oil keeps me awake cbd oil does it have thc where to buy cbd bath bombs cbd greensboro cbd hemp oil and lymphoma green roads cbd for sale diabetes cbd cbd chocolate online ultimate labs cbd cbd arrhythmia cbd smoking oil meta labs inc cbd oil how much cbd is in chill gummies dr d cbd oil review medterra cbd review pennywise cbd oil where to buy cbd in nyc cbd oil and alcohol withdrawal cbd oil memory morgellons disease and cbd oil cbd anatomy

grow xl male enhancement overcome ed without pills penis enlargement best cvs pharmacy penis enlargement 10k male enhancement what can you do to enlarge your penis extenze plus male enhancement 5 ea ingredients in sex pills prescription hgh pills key words for sex pills male enhancement products in india erection pills at whole foods male sexual enhancement pills review cold sore medicine canada topical cream male enhancement good looking loser male enhancement tribal penis enlargement techniques penis enlargement brain wave booster canadian pharmacy ed pills male enhancement rhino 7 europe best pills for ed male enhancement surgery austin tx the best herbal male ed supplements erection pills at sex stores erectile dysfunction drugs for diabetes male enhancement pills from gas stations extenze pill and anxiety best male enhancement pills availiable pure male sexual energy enhancer 2020 penis enlargement maxx fuel supplement amazon growmax male enhancement otc penis pills that work volume pills amazon sex on birth control pills absorb health penis enlargement treat tonic for sex pills no pills no condoms non stop sex unprotected sex on placebo pills before ved penis enlargement exercise cost of cialis per pill most effective penis enlargement pills boost mobile tablet wher to buy mandingo male enhancer what are party drugs webmd iron supplements libido booster foods penis enlargement surgery stories

airo pro vape pen uwell crown 2 difficult i vape meme best e juice on the market best stealth vape pen closest vapor store what does pg stand for vape top airflow tank electric vape pen nautilus 2 coils freedom vape huntsville tx vaporesso tarot mini 80w vape syringe kit vape inhaler wax cartridge for vape pen voopoo uforce t1 coil replace usa vape lab menthol circus cotton candy vape juice blank vape cartridges best vape online vape juice max vg persei vape og smoke shop best mech box mods water vapor heat capacity smok stick x8 kit halo cigs council of vapor phoenix vape monster juice vaping coils ohms e cigarette and vapor e cigarette oil suppliers g priv 2 review planet vapor columbia sc priv v8 battery gene chip voopoo code vaporesso swag battery abx vape battery aspire nautilus aio review boundless cf top rated sub ohm tanks ecig causing inflamation smok coil change vape tank holder ijoy combo e cigarette in school smok v fin 160w tc kit sauron air