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The solution to mortgage confusion
<em> Rate-cappers, hybrids, all-in-ones. Today’s mortgages come in dozens of flavours. Here’s how to pick the right one for you. </em>
I wanted to know my number. It was a few years ago and my honey and I about were about to purchase our first home. But like many first-time buyers, we were overwhelmed by the options. And I’m not just talking fixed versus variable. We were looking...
Tags: amortization, fixed, hybrid mortgage, interest rate, mortgages, prepayments, priviledges, rates, terms, variable
The delicate art of negotiation
<em>When Jody bought his condo, he beat out a competing offer that was $10,000 higher. How? A little strategic psychology.</em>
Jody White is one happy man. Just before the holidays our resident web guru (he writes the Proving Grounds blog for MoneySense.ca) became the proud owner of his first condo. The amazing thing is that he nabbed it with a bid that was $10,000 less than the nearest...
How to interview a potential planner
<em>Know what questions to ask, and when it’s time to move on</em>
Once you’ve narrowed your financial planner search to three candidates, you’ll want to arrange a little face time. A simple half-hour interview can be very revealing. Not only will you find out exactly what service each planner offers and how much it costs, you’ll also get a sense of how well you interact with...
How to find a perfect financial planner
<em>We all want financial advice we can trust, but finding it can be a nightmare. Our step-by-step guide will get you to the advice you need.</em>
We all want financial advice we can trust, but finding it can be a nightmare. Most of us have no idea where to look—and we’re often not sure what we’re looking for. Luckily, there’s help. If you want to know how big your portfolio...
Romana King is a Toronto-based writer, editor and blogger for business and lifestyle publications and a licensed realtor with Century21. Romana currently writes a regular column and blog for MoneySense magazine that focuses on home owner and real estate issues. She has regularly contributed to Business Edge, CI Top Broker, Advisor.ca, Advisor's Edge, Check UP!, CBC.ca, Toronto Sun and the Toronto Star.