My name is Michael Fortin, and I have created this website to provide you with a better understanding of the factors involved in your mortgage decision, and provide tools to make your mortgage experience simpler. Each individual's circumstances are unique, and this website cannot cover every aspect of importance to you. Please feel free to contact me - at no charge - to discuss your personal circumstances. There is no commitment on your part, and all information is kept confidential.
February 01, 2009
Home Renovation Tax Credit
You may be able to claim a 15% tax credit on eligible renovation expenditures of over 1,000 but not more than $10,000. This credit can be used for renovations to the dwelling or the land on which it sits.
February 01, 2009
Extended amortization periods may allow you to qualify for a larger mortgage. The longer the amortization period, the smaller the monthly payments and hence the larger property you can afford.
| Mortgage Rates - June 29, 2009 |
|---|
| 1 Year Closed | 2.75% |
| 2 Year Closed | 3.05% |
| 3 Year Closed | 3.65% |
| 4 Year Closed | 4.09% |
| 5 Year Closed | 4.24% |
| 7 Year Closed | 5.25% |
| 10 Year Closed | 5.25% |
| Closed Variable | 2.65% |