Cash On The Blog

It is easy to get caught up with all the discounting and special offers being offered by lenders who want your remortgage business. Securing a borrower who already has a mortgage is a lesser risk to the lender than providing loans to people starting out with a new property. Lenders go to great effort in [...]

Scenario: I am looking to do some repair work on my home as well as pay off 2 credit cards. I have an existing mortgage on the property, the balance on which is $30,000. I am thinking whether to refinance the mortgage or take out a fixed rate second mortgage loan. My home value is [...]