Mortgage Interest Rates

Buying a home is a dream for many Canadians, but the high cost of real estate can make it seem out of reach. That’s where high-ratio mortgages come in. If you’re a first-time homebuyer or have a limited down payment, a high-ratio mortgage might be the solution you’ve been looking for. In this comprehensive guide, […]

Your mortgage may have locked you into a serious financial commitment that could last up to 30 years. But did you know you can pay off your mortgage a lot faster, and break up with your mortgage lender? That’s right! By taking advantage of the mortgage prepayment options available, you can subtract years off the […]

Before you take out a mortgage, you must know what it will cost. Thinking you know what you can afford and actually knowing the amount are two different things. A mortgage comparison tool helps you compare the best mortgage rates in Canada and see your potential payments. If you want to be an informed consumer, […]

Are you looking to refinance your mortgage in 2022? You have come to the right article. We’ll explain what a mortgage refinance is, when to do a mortgage refinance, good reasons to refinance your mortgage and the steps involved in it. There may be fees for refinancing your mortgage, so we’ll discuss that as well. […]

Is your mortgage coming up for renewal in 2022? Then you’ll want to read this article. This is our ultimate guide to mortgage renewal in Canada for 2022. We go over everything you need to know in choosing the mortgage option that’s best for you. What is there to know? There is a lot to […]

When buying a house, there are many decisions that must be made. You need to think about the size of the property, the location, and what colour of paint you plan to use on the walls. You also must think about how you plan to pay for your new home. There is a variety of […]

Homeowners based out of the US are able to claim the mortgage interest they pay on their primary residence on their taxes. It lowers their taxable income. That usually only works for investment properties in Canada. However, if you’re a resident and homeowner in Canada, you know that the mortgage interest you pay on your […]

Collateral mortgages are good for people who want quick access to money.  It can be very beneficial in situations where your house appreciates quickly in value. Consider this option if you are getting a good deal and you expect to add value to your home by adding new features or doing upgrades. In this collateral […]

If you’re looking for a mortgage broker to get financing for your dream home, you’ve come to the right place. You don’t have to rely solely on your local bank anymore. Here are some important things to consider when picking a mortgage broker in Canada.   Make sure your mortgage broker is available You’ll want […]

Great news! You’ve found the home of your dreams. The only problem is you haven’t closed the sale on your existing property. And, you need the equity in your home to buy the new place. Unfortunately, you can’t get the money until you sell your current home and close the deal, right? So, now what? […]

Considering the state of Canada’s booming real estate market, it’s almost a guarantee that you’ll need a mortgage if you wish to purchase property. However, tight budgets and low wages can make it difficult to qualify for a mortgage with a high principal. If you have a shaky credit score, you’ll have an especially tough […]

The joint mortgage is pretty common in Canada and continues to grow in popularity. But why? As the cost of housing in Canada surges to new highs, many are being shut out of the real estate market; they are unable to secure affordable housing or build wealth. In many cities, the income and down payment […]