Caroline Lennox's Latest Articles:
Making the Most of a Home Expo Trade Show (next one in Victoria April 20-22)
HOW-TO Author: Caroline Lennox
If you are going to a Home Show this spring, like the Victoria Spring Home Expo this weekend (April 20-22), here are some tips to help you make the very most of it. 1. Enter Draws easily and quickly- ... read more7 and 10 YEAR terms are attractive when lates are this low
ADVICE Author: Caroline Lennox
Dec 12, 2011 -"The stability of Canadian bond yields has some of our lenders reducing their longer term mortgage rates. For clients who worry about the future direction of interest rates as various ...
read moreWhat could you do with $25,000? Draw Ends Dec 31, 2011. Enter today!
RESOURCE Author: Caroline Lennox
Caroline Lennox, your Invis mortgage broker, invites you enter for a chance to win $25,000 in the the Invis Now I Can draw.
click here NowICan to enter:
Hurry! The draw ends December 31, 20 ...
read moreHome Purchase Mortgage Tips
ADVICE Author: Caroline Lennox
If you are thinking about purchasing a new home, don’t wait until you find the perfect home to get pre-approved. Make sure your credit is healthy and find out how much you can qualify for bef ...
read morePrivate/Alternate Money is relatively cheap right now
ADVICE Author: Caroline Lennox
November 22, 2011
One of the private/alternate mortgage lenders I work with gave me permission to publish their ad promo, as long as I also advise people that it is subject to thei ... read more
The Canadian homeowners' crystal ball: Top Ten for the year ahead
ADVICE Author: Caroline Lennox
Everyone loves to make forecasts for the New Year. With that in mind, we’ve put together a glimpse into the year ahead for Canadian homeowners – so you can plan for some great opportunitie ...
read moreAdvice for New Couples
ADVICE Author: Caroline Lennox
Get the mortgage first, then the car payment"..one of Caroline's favourite pieces of advice. Why? Ask Caroline about Debt RatiosSome other tidbits of advice
1. Investigate Flex-down, Cash-Back a ...
read moreMortgage News from Caroline - December 2011 edition
ADVICE Author: Caroline Lennox
Mortgage News from Caroline - December 2011 edition
An easy-to read monthly article with with helpful tips and advice as well as news about mortgage rates, delivered to your inbox. (PDF fo ...
read moreHold on to your dreams!
ADVICE Author: Caroline Lennox
Please allow me to offer encouragement for you to hold on to your dreams in the midst of economic turmoil and holiday spending hangovers.
As an anonymous poet once said:"Hold fast to dreams.For ...
read moreBC raises threshold of homeowner grant
ADVICE Author: Caroline Lennox
THE NEW YEAR IS KICKING OFF WITH GOOD NEWS!If you have any questions, call Caroline at 800-757-0412
NEWS RELEASEFor Immediate Release 2011FIN0088-001659Jan. 3, 2012Ministry of Finance
BC raise ...
read moreAre your monthly debt payments too heavy a burden? Resolve to start building wealth - here's how...
HOW-TO Author: Caroline Lennox
Are you ready to say "I RESOLVE... to clear these holiday bills and start building wealth"?Most Canadians suffer with their highest personal debt load in January, when the "holiday hit" arrives and yo ...
read moreCMHC Releases 2011 Canadian Housing Observer a Comprehensive Report on the State of Housing in Canad
ADVICE Author: Caroline Lennox
(Copyright belongs to CMHC)
"The anticipated growth in the influence of seniors on the housing market in the future as their share of the population rises from about 14 per cent to almost 2 ...
read moreThree Quick Tips for paying down your principal sooner than later
HOW-TO Author: Caroline Lennox
NOTE - All of these tips are subject to what is in your current mortgage contract. To set an appointment for a Mortgage Checkup with Caroline, call 800-757-0412 or text 250-415-9555 for a callback.1. ...
read moreBest Rates - what's in the fine print?
ADVICE Author: Caroline Lennox
Several lenders are lowering rates on 5 year fixed products and their is a lot of buzz.This is great news for everyone. Still, don't be distracted by 'best rate' offers without as ...
read moreIs your mortgage a Collateral Charge Mortgage? Gail from Debt 'Til Us Part has some advice for you...
ADVICE Author: Caroline Lennox
Check out what Gail (Debt Do Us Part) says about Collateral Charge Mortgages <<Click linked text.
Author Note - this is not a TD-basher blog - several other lenders are now changing the way mor ...
read moreBest Rates- What's in the Fine Print - Part 2
ADVICE Author: Caroline Lennox
I can't stress this enough...!Restrictive clauses in mortgages *do not* go away at the end of the term.They are there for the full life of the mortgage, term after term.The only main thing that c ...
read moreGet pre-approved and don't miss the Great Canadian Mortgage Sale!
ADVICE Author: Caroline Lennox
Pre-Approvals The days are getting longer and mortgage rates are wonderfully low as the spring housing market approaches. In fact, homeowners are locking in some of the lowest ... read moreMortgage Industry in Canada In the News - does it affect you?
ADVICE Author: Caroline Lennox
http://clmortgages.com/index.php?option=com_content&view=article&id=93:mortgage-industry-changes-in-the-news&catid=5:blog&Itemid=8
read moreHow to get a credit card post-bankruptcy discharge, you have no credit history or your credit rating is poor
HOW-TO Author: Caroline Lennox
Q: How do I get a credit card now that my credit is bad, and/or the bankruptcy has been discharged?A. Secured Credit Cards are a good way to start. You give the issuer an up-front deposit ...
read moreWhen Bad Things Happen to Good People: 10 Tips on Obtaining a Mortgage After Bankruptcy
ADVICE Author: Caroline Lennox
Many Canadians find themselves bogged down with a bad credit rating for the wrong reason –illness, losing a job, or simply not understanding consumer credit. Sometimes bad financial situations h ...
read moreEnergy upgrades help new buyers and homeowners save some green
ADVICE Author: Caroline Lennox
When the cold weather strikes and you notice drafty windows and increasing utility bills, it may be time to think green. Upgrades to improve your home's energy consumption can give you immediate ...
read moreDown Payments - where to get them, how much you need
ADVICE Author: Caroline Lennox
Potential Sources of Down Payments include: Savings Borrowed RRSP’s (Government Programs) Non-repayable Gift from Family Flex-Down products -borrow on your credit cards/lines Free Down Pa ... read more10 year term rate for 3.99% mortgage oac? Why not?
ADVICE Author: Caroline Lennox
Come and get it!Several lenders are still offering an incredibly low 10 year term rate of 3.99% closed on approved credit. And these mortgages are selling. Here's what I like about them:1. ...
read moreGreat news for B.C. First Time Home Buyers! $10,000 government incentive
ADVICE Author: Caroline Lennox
Ready to make a move? Apply to get pre-approved for a mortgage! Click here: Let's get Moving
THE B.C. FIRST-TIME NEW HOME BUYERS' BONUSSubject to approval by the legislature, t ...
read moreGoing Open-Housing Today?
ADVICE Author: Caroline Lennox
Purchasing a Home or First Time Buyer?You’ve decided buy a home. Before you start looking at properties, make sure you get a solid understanding of your many mortgage financing options. There ar ...
read moreClarification - $10,000 incentive for BC First Time Buyers
ADVICE Author: Caroline Lennox
Further to the BC Government's recent announcement of an incentive for First Time buyers...a bit of clarification helps!
UPDATE: March 2, 2011: To clarify, the bonus is not claimed when filing a ...
read moreAre lenders lining up to start another rate-war, or are they going to trigger tighter lending rules?
ADVICE Author: Caroline Lennox
There's lots of press out there again about a re-emergence of low-rate mortgages and rate specials from some primary lenders. Please be sure to read the fine print, and ask your mortgage br ...
read more5.5% Cashback for Down Payment promotion ends this month!! Do you Qualify?
HOW-TO Author: Caroline Lennox
TAKE NOTE!
5.5% Cashback mortgage for down payment available!
BUT promo ends soon!
These promotions come and go, but if you are undecided about when to ...
read moreFrom Uncle Invis- US Feds did not move interest rates. Rate wars continue
ADVICE Author: Caroline Lennox
This just in from "Uncle Invis":"The US Fed did not move interest rates yesterday although Treasury yields increased slightly, continuing a trend that started early in the year when good US economic r ...
read moreShould I take a 5 Year or 10 Year Term Mortgage?
ADVICE Author: Caroline Lennox
In today’s low rate market the choice of whether to take a 5 Year Term or a 10 Year Term is certainly a topic to be discussing.The easiest way to compare these 2 scenarios is with cold hard numb ...
read moreAre cash-back mortgages a gimmick? What about for a free downpayment?
ADVICE Author: Caroline Lennox
I've often heard concerns about cash-back mortgages being a gimmick.Is this true? Each situation is unique for borrowers and that my job as as a mortgage broker is to give them unbiased adv ...
read more2.99 rates going away with several lenders by 5 pm today. Act Now.
ADVICE Author: Caroline Lennox
Several lenders are doing away with the 2.99% 4 and 5 year term mortgage rate specials, effective 5 pm today. Some have already pulled their 3.99% 10 year term specials.
Nobody truly knows what ...
read moreThe Shortest Path to your Best Mortgage
ADVICE Author: Caroline Lennox
If you are thinking about purchasing a new home, don’t wait until you find the perfect home to get pre-approved. Make sure your credit is healthy and find out how much you can qualify for ...
read moreHow are Mortgage Brokers Different than Bankers?
ADVICE Author: Caroline Lennox
What is a mortgage broker?
Mortgage brokers are different than bankers. But, a lot of people don't know who we are, or what we do. And there's a common misconception that you have to ...
read moreWhy it Matters -Bank of Canada
ADVICE Author: Caroline Lennox
The Bank of Canada has raised their Benchmark Rate to 5.44% from 5.24%. This is important for people applying for a mortgage with an "A" lender if they have less than 20% as a down payment. ...
read moreBuying a Home - The Property has to Qualify too! Be prepared.
ADVICE Author: Caroline Lennox
When lenders give you a mortgage, they look at "Risk". It’s all about Risk for them!Even if they consider you low risk, the property must satisfy their requirements too.
Making an ‘unco ...
read moreBuying a Home: The Main Players
ADVICE Author: Caroline Lennox
Purchasing a home means relying on a range of professionals to guide you through the process. For first time home buyers in particular, it helps to be acquainted with these specialists and their roles ...
read moreEligibility requirements for BC's First Time New Home Buyer $10,000 bonus
ADVICE Author: Caroline Lennox
read moreBC HST grant for owner-built secondary or residential properties
ADVICE Author: Caroline Lennox
Recently I wrote to the Ministry of Finance to ask how the recent changes in HST to include secondary and recreational residences work when a person builds on their own lot, or buys a vacant lot and t ...
read moreYour credit report, Beacon score and how they are used when you apply for a regular or 'bad credit' mortgage
ADVICE Author: Caroline Lennox
When you apply for a mortgage or a pre-approval in Canada, your mortgage broker or bank salesperson will request a Credit Report from either Equifax or TransUnion. These are the same organizatio ...
read moreZero down could be a limited time opportunity.
ADVICE Author: Caroline Lennox
Zero-down payment can help get Canadians into their homes faster, saving potentially thousands in rent, and giving them a jump start on building wealth.A cash-back mortgage that provides the cash upfr ...
read moreWHAT IS A REAL ESTATE APPRAISAL
ADVICE Author: Caroline Lennox
An Appraisal is a document that gives an estimate of a property’s fair market value, provided by an appraiser. Appraisers are trained to use existing, market data to do the home valuat ...
read moreMortgage Financing for mobile homes
ADVICE Author: Caroline Lennox
Thought you might like to see an example of one lender's criteria for mobiles o.a.c.:
Must be registered and on own land Must be CMHC insured unless unit is brand new, in which case 60% LTV m ... read moreContact Information | Invis - Canada's Mortgage Experts |
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| Name: | Caroline Lennox | |
| Company: | Invis - Canada's Mortgage Experts | |
| City: | Victoria | |
| Province: | ||
| Country: | Canada | |
| Phone: | 800-757-0412 | |
| Email: | ||
| http://www.clmortgages.com | ||
