Open House - The Real Estate and Mortgage Show
Steve, Frank and Paul kick off the fall season with an information-packed show. On the agenda this week; Home Equity Lines of Credit, investing in real estate, cleaning up your credit and much more.
This week on the Real Estate and Mortgage Show, Steve Gregory, Frank Napolitano and Paul Rushforth tackle many issues relevant to the current real estate and mortgage market.
One of the main topics this week is investing in real estate. From using your RRSPs to fund a private second mortgage, to purchasing an investment property with the equity you have built in your home, we learn there are several options that can give a higher return on investment than RRSPs or mutual funds.
For those looking to apply for a mortgage, a good credit score is becoming more and more crucial. On this week's show, Frank stresses the importance of paying close attention to your credit. Skipping credit card payments, loading cards to the maximum and having high balances on multiple cards are all practices that will damage your credit score.