Mortgage Money Blog

Whether you are looking for a new mortgage, refinancing or renewing your mortgage you can trust that Dan Faubert and Mortgage Money will not only get you the best rate for your mortgage, they will also provide you with mortgage information and knowledge to help understand the process.

So long 2013…

As I sit in a quiet office on Friday Jan 3rd, it’s hard not to notice that though the New Year has begun, seems like everyone is still off work. Richmond Rd, which I normally cross at 8 am to get my morning coffee, was eerily quiet today, reminding me that maybe I...

read more

Credit and Christmas

As we get into the Christmas spending mode, I thought I would throw out my thoughts on credit cards. I know we don't live in a perfect world, so take what you can from below. Credit card companies are in the business of making money, lots of it actually, and their...

read more

Broker Channel loses ING Direct

When Scotia Bank purchased the Canadian arm of ING Direct last September with a closing Dec 31, we knew that the writing was on the wall, only question was to what degree. Obviously, there is a duplication of services, and direct competition between what would now...

read more

“Serial Movers”, may be me, but so what!

I just read an interesting article that I don't necessarily agree with, but may be true for some. The article is on "serial movers" of which some who know me, may say I am. I likely have not owned a home for more than 5 years(and I have owned a few), and though I...

read more

Borrowing against your home?

A common question asked, are my thoughts on HELOC’s, or Home Equity Lines of Credit. This is not a new source of borrowing, but certainly one that has become more common today due to large increases in our residential property values. Who wouldn’t want to borrow money...

read more

I believe the more you know and understand about mortgages, the less worry you will have.

Dan Faubert