Tips from a Toronto Mortgage Broker: If you'd like to "know your stuff" before heading into a mortgage broker or financial planner's office, you may want to check out the Financial Consumer Agency of Canada's consumer publications. The government body has done a great job of outlining basic financial topics – from how to borrow on home equity to how to develop a household budget. It also offers a six-part section on credit cards – that addresses how to save with credit cards as well as how to shop around for a credit card – runs down the various mortgage products on the market place and tackles saving and investing topics. While meeting a mortgage broker in person is probably the best way to find the financial products that best suit your particular needs, it never hurts to head into a meeting with a basic understanding of your options. The FCAC's publications will provide you with the background you need to navigate the discussion in the direction you'd like it to go.
Marcy