Mortgage Refinancing
If you are looking to refinance your mortgage, renew your mortgage or borrow against the value of your home, you’ve come to the right place.
The Pros and Cons of Reverse Mortgages in Canada
If you're a homeowner age 55 or older and in need of cash, you may want to consider a reverse mortgage. Reverse mortgages in Canada are a way for homeowners to access funds to cover living, travel and other expenses.…
Bridge Mortgage: Buy a New Home Without Having Sold the Old One
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. You can't get the money until you…
Mortgage Renewal Time: When and How to Prepare Yourself
Is your mortgage coming up for renewal soon? There's much more to being ready for your renewal than just a good interest rate. Planning ahead is the key to saving money. Get ready when your mortgage is coming up for…
How to copy the rich and use your house’s equity to build your own real estate portfolio
If you read Hardbacon, you know that a lot of the richest people in Canada have diversified into real estate holdings; names like Greenberg, Thomson, Rahi, Apostopoulos, Azrieli, and Goldhar. Some inherited their wealth, others built in from hard work…
How to Refinance Your Mortgage in Canada
Are you looking to refinance your mortgage in 2023? 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…
What Is an Interest-Only Mortgage in Canada?
This is a vintage type of mortage not seen in years. Lenders took a hiatus from offering interest-only mortgages in 2010. Depending on your situation, interest-only mortgages could be beneficial or a detriment to your finances. Choosing a mortgage in…
Open vs. Closed Mortgage: Which One is Better for Canadians in 2022
Open vs closed mortgage, fixed or variable rate, oh my! Are you about to buy a house for the first time? Or maybe it's time to renew? A mortgage is one of the most important decisions you will ever make;…
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