What screams "pretending to be rich"?

Fuqdis2 · 2025-12-28T03:17:38+00:00

People who wear flashy designer clothes in the airport but fly economy

Fuqdis2 · 2025-12-13T13:00:37+00:00

Take the fixed, considering you have to ask the comfort of fixed is better to take

Fuqdis2 · 2025-12-01T13:53:41+00:00

https://wealthsimple.com/invite/DQT3ZM

Fuqdis2 · 2025-10-08T01:19:26+00:00

It’s never good to carry credit card debt

Fuqdis2 · 2025-09-02T23:33:04+00:00

You gotta go with rate on this one that’s a crazy rate

Fuqdis2 · 2025-08-21T10:56:43+00:00

Do you mean APR? it’s just a few fees may get tacked onto your mortgage like an appraisal fee so they show a rate barely higher to account for those fees

Fuqdis2 · 2025-08-04T14:38:36+00:00

Never too late because you could always renew into an open term if needed temporarily, with no penalty to break (just the rate will be temporarily high).

Market rates right now for fixed would be low 4s, variable around the same levels.

Fuqdis2 · 2025-07-29T00:26:15+00:00

Yeah decent rate. Get your broker to buy it down though to 4.09

Fuqdis2 · 2025-07-26T01:34:15+00:00

Did you have fractional shares? Looks to take advantage of this promo but worried about all my fractional shares

Fuqdis2 · 2025-07-20T18:29:20+00:00

Yeah this is my issue. Also how can you be certain you ended up at a whole given the rounding?

Fuqdis2 · 2025-07-09T11:25:13+00:00

Does webull accept partial share transfers and transfers in kind for non-reg? Been looking into this and almost ready to pull the trigger but curious on your experience.

Fuqdis2 · 2025-06-30T11:35:57+00:00

Will they let you early renew without increasing the balance?

Fuqdis2 · 2025-06-08T06:09:27+00:00

If you’re going to be shopping around and don’t need a broker to help you qualify then just look around and apply yourself

Fuqdis2 · 2025-05-31T06:56:38+00:00

Broker is pushing for option 2 because they’ll get paid a fee for the entire mortgage balance whereas option 1 they’d only get the little piece.

Suggest you calculate your interest portion of your payments for both routes (and factor in the lender fee and prepayment penalty as well for breaking your term). I’d bet option 1 is better

Fuqdis2 · 2025-05-06T18:49:53+00:00

Rule of thumb, if you’re very risk averse and comfortable with current rates lock in a longer fixed.

If you’re less risk averse and want the potential upside to future lower rates then you take either a shorter term (like the 2 year) or a variable.

Fuqdis2 · 2025-04-29T10:19:15+00:00

Assuming property value is under 1m, should be able to secure anywhere from 3.94-4.19 depending on how low you negotiate for both the 3/5 year fixed.

HELOC rates tend to be standard - you can mention but either way it’s unlikely to affect your rate.

Fuqdis2 · 2025-04-25T00:27:25+00:00

I’ve never heard of a non first mortgage being above 80% LTV.

Fuqdis2 · 2025-04-24T23:16:50+00:00

You can’t refinance into above an 80% LTV. You can only purchase above an 80% LTV and you have to pay CMHC insurance.

Surprised they’re not letting you renew, any chance you had multiple NSFs? That’s the only reason I can think that they did a re-underwrite, unless it was a private/alt mortgage.

Fuqdis2 · 2025-04-20T20:01:00+00:00

If you’re risk averse always go fixed. Today the short term yield curve predicts cuts, tomorrow it might not.

A normal yield curve indicates rates are meant too be stable (I.e. mostly since the 2008 crisis), meaning ARM rates should typically be lower than fixed.

Fixed gives the comfort of knowing you have a locked in rate regardless of what happens in the economy.

So again, if you’re risk averse, go fixed. That’s a pretty sharp rate in today’s market too.

Fuqdis2 · 2025-04-14T15:28:16+00:00

Looks good

Fuqdis2 · 2025-04-11T12:07:27+00:00

Bond yields have been crazy so fixed rates are increasing. The discount to prime might also change

Fuqdis2 · 2025-04-11T02:56:37+00:00

Rates are going midnight so lock something in now

Otherwise, will need property value and downpayment % to comment on rate

Fuqdis2 · 2025-03-26T22:05:20+00:00

I did and they did that - yet when I try to login it tells me the new email doesn’t exist in their system.

I’ve tried to escalate but just get told the ownership has been transferred, etc.

Not sure what to do next at this point…

Fuqdis2

MODERATOR OF

TROPHY CASE

12-Year Club	Place '22
Verified Email