How Domicile Mortgage Rates Are Faring In Metropolis

Montreal is a major port city located along the St. Lawrence Seaway. This deep-draft inland waterway links the city to the industrial centers of the Great Lakes. The city is still considered the largest inland port in the world, and as one of the most vital in Canada, it remains a trans-shipment point for sugar, grain, petroleum products, machinery, and consumer goods. The city is considered the railway hub of Canada and has always been an extremely important metropolitan area. This city ...

Should You Pay Off Your Mortgage?

About five years ago we worked with some clients coming to Austin from California. I was a little shocked by their choice of mortgage - a 100%, interest-only loan. At the risk of sounding a little backwater, I asked them, "Why would you not want to pay off your loan?" Their answer was, "We both have MBA's." I assumed that meant that they were better informed than I. And, I am sure that was true. But, I still wonder (for non-MBA's), is it better to pay off your mortgage? It is true that a ...

The Right Time to Buy your First Home

There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location. Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual ...