Mortgage

An HSBC mortgage interest rate of 0.99% made headlines in 2020. It was the first lender in Canadian history to post a mortgage rate under 1%. Since the pandemic, many Canadians have had difficulties finding a home that fits their budget. The cost of buying a house in Canada surged to all-time highs during the […]

The housing market is moving fast, meaning you need a mortgage lender who will provide quick, quality service to get your mortgage approved ASAP. With CIBC’s long history of dedicated customer service and quick turnaround time on inquiries, they might be the right fit for your mortgage needs. This review will help you learn more […]

Since the pandemic, more and more of our lives have moved online. We use the internet for work, family events, job applications, and even doctor’s appointments. Scotiabank is following suit and trying to revolutionize the mortgage process by offering a completely digital experience through their eHOME online mortgage hub. Combined with some of their other […]

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 Canada is a personal decision and will look different for everyone depending on your financial […]

Balloon payments are a method of financing your home or making other major purchases. They involve paying little or nothing at the beginning of the loan period and making a larger payment at the end of the contract. This is a great option for people who have a good credit score and would prefer to […]

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; it’s a serious financial and legal commitment. There are a few types of mortgages available […]

Canadians are heavily invested in real estate. It’s a lucrative investment option that offers great returns. Both new and old investors search the web for the latest hacks, mortgage rates, and real estate deals but not all blogs are reliable.  In this article, we’ll highlight the 10 best real estate investing blogs in Canada for […]

The Canadian real estate market is in turmoil. With prices and mortgage rates rising all the time, it’s hard to make an informed decision about buying or selling a property. Get tips from the experts on one of the most important transactions in your life.

What is mortgage insurance and how does it work? If you don’t know, it could cost you a lot more money in the long run. Here’s what to know before you buy, and why you need to shop around.

With housing costs booming all around the country, prospective Canadian homeowners find themselves competing in real estate bidding wars. Since houses are in high demand, real estate bidding wars unfortunately don’t seem to be going away any time soon. In addition to causing frustration for prospective buyers, real estate bidding wars can be a major […]

72.07% of Canadians think that the tax-free First Home Savings Account (FHSA) will have no real positive impact on their ability to buy a first house. The FHSA is a tax free savings account that blends the tax efficiency of a registered retirement savings plan (RRSP) with the flexibility of a Tax-Free Savings Account (TFSA). […]

Investing in real estate is often seen as a simple way to increase income and diversify assets. However, making the right investment decisions and properly managing your property assets is not an easy thing. Just to show you, we had fun comparing income properties in various cities across Canada. For the purposes of our comparison, […]