It has been said that there are two certainties in life; death and taxes. Well, as it relates to your mortgage, the single certainty is that you will pay back what you borrowed, plus interest. However, how you make your mortgage payments, the payment frequency, is somewhat up to you! The following is a look at the different types of payment frequencies and how they will impact you and your bottom line.
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Payment Frequency, Does it Really Make a Difference?
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Sumptuous Soups
Fall brings cooler weather and making comfort foods such as soups. Stefan shares some of his favourite soup recipes.
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Mortgages - So Much More Than Just the Lowest Rate!
There aren't too many Canadians who are able to save up enough money to pay cash for their home. This is why we have mortgages. A mortgage is a loan made to assist a borrower to purchase a property. The property is held as collateral and interest is charged on the loan. Typically a mortgage will be paid back over 25 years (this is called the amortization), and the amount of interest charged is renegotiated every 1-10 years (this is called the term). Over the long run, borrowing money isn't cheap, despite interest rates being at an all time low!
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Fall Lawn Care
What can we do to keep our lawns healthy and prepare them for winter? Here are some tips from Good Growing Neighbours to help with our fall lawn care.
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Pumpkin Carving
As the leaves change colour and the weather cools down, we reach for our sweaters and scarves. It is also the time to think about the fun tradition of carving pumpkins into Jack-O-Lanterns. A pumpkin can be turned into almost anything.
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Edmonton’s Awesome Block Awards
The City of Edmonton’s Neighbourhood Services is looking for the most Awesome Blocks in the city!
Are your neighbours kind, helpful and friendly?
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Can I Give Someone The Down payment to Buy My House?
Although it might not always be this straightforward, the question "Can I give someone the down payment to buy my house?" presents itself in many different ways. And the answer to all of them is no, well... except in one circumstance, but we will get to that later. Here are a few scenarios played out.
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