What Canadians should know before they purchase a Home?
If you’re about to buy a home in Canada they thing you should be most concerned about is your credit score. With housing prices at the prices they’re at now 1% added to your mortgage could cost you hundreds of thousands of dollars. This is where knowing about your credit comes in very handy. What I highly recommend Canadians do before they purchase a home is read the eBook titled “How Canadians Raise Their Credit Scores Fast“. It’s an excellent book that breaks down credit, credit scores and how to get credit working for you instead of against you.
I wouldn’t leave that up to the banks take control of your credit so you can get the best avaialable interest now and moving forward. When you understand how credit works you can have a bidding war for your service which in many cases will enable you to get a ridiculously low interest rate at major bank or a broker. Again check out How Canadians Raise Their Credit Scores Fast it’s the best information Canadians will find online about credit how it works and how it can work for you and not against you.
Higher interest rates can cost a person hundreds of thousands even millions of extra dollars in interest and if you don’t have a solid foundation on how credit works it will take you a much longer period of time to pay off your mortgage or any loan for that matter I highly recommend all people from Canada read this book and recommend it to a friend.