Mortgages By Mia, Saskatoon Mortgage Broker | TMG The Mortgage Group

Mia Hollinger, CPA, Associate Lic# 509769 || September 06, 2022

How to reduce payment shock at renewal time | Saskatchewan Mortgage Broker | Trigger Rates | Trigger Points and Variable Rate Mortgages

By now, “trigger points” should be in the vocabulary of nearly every variable rate mortgage holder.There’s been a great deal of coverage lately about trigger points due to the rise in interest rates...

Mia Hollinger, CPA, Associate Lic# 509769 || July 11, 2022

What are Trigger Rates and Trigger Points on a Variable Interest Rate Mortgage? | Mortgage Broker Saskatoon, Saskatchewan

Variable interest rate mortgages are mortgages where the interest rate may change during the term of the mortgage, butyour monthly payment remains the same. (An adjustable rate mortgage is where the...

Mia Hollinger, CPA, Associate Lic# 509769 || June 20, 2022

Readvanceable Mortgage | HELOC | Home Line of Credit and the “Smith Maneuver” | Mortgage Broker Saskatoon, Saskatchewan

A readvanceable mortgage is a type of mortgage that allows the borrower to add a line of credit to the loan which allows the borrower to re-borrow any part of the principal paid down. Essentially it...

Mia Hollinger, CPA, Associate Lic# 509769 || June 10, 2022

Your Mortgage Renewal Questions Answered | Mortgage Broker | Saskatchewan

Many homeowners dread mortgage renewal time, especially when interest rates are rising as they are today.It means you’ll likely be resetting your mortgage at a higher rate, with higher monthly...