A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
Pros and Cons Of Joint Mortgages
By Lisa Rennie
Published on May 13, 2020
Looking to grow your wealth but reduce your financial burden? Many consider getting joint mortgages. Read on to learn about the pros and cons.
What Is An Amortization Schedule?
By Lisa Rennie
Published on April 15, 2020
When it comes to paying off your mortgage, there is a specific schedule you follow called an amoritzation schedule, this is everything you need to kno...
Can You Get A Mortgage Deferral Because Of COVID-19?
By Lisa Rennie
Published on March 26, 2020
As COVID-19 continues to affect the Canadian economy, Canada's major banks have announced new measures to deferral the mortgage payments of homeowners...
Do I Have To Pay CMHC Fees If I Renew My Mortgage?
By Lisa Rennie
Published on March 17, 2020
How will renewing your mortgage affect whether or not your need to pay CMHC mortgage default insurance fees?
How To Avoid The Mortgage Stress Test
By Lisa Rennie
Published on March 16, 2020
With the majority of propective Canadian homeowners going through the mortgage stress test? Is there a way to avoid this extra step?
The Effect Of Coronavirus On Canadian Mortgages
By Lisa Rennie
Published on March 16, 2020
With the effects of the coronavirus infiltrating all aspects of life, how is the real estate market coping and what is happening to your interest rate...
Buying A Home? Don’t Forget To Budget For Closing Costs
By Zoocasa
Published on March 11, 2020
When purchasing a house, before the keys can be handed over, there are a number of costs that must be paid upfront in cash, do you know how to budget ...
Buying Property In The U.S. As A Canadian
By Lisa Rennie
Published on February 28, 2020
Looking to escape the Canadian winters by purchasing a home south of the boarder? We have everything you need to know about buying property in the U.S...
New Changes To Stress Test Rate For Insured Mortgages
By Lisa Rennie
Published on February 27, 2020
With new changes coming to the stress test, Canadian borrowers with less than 20% saved for a down payment will be able to access larger mortgages.
Variable vs. Fixed Mortgage Rates
By Priyanka Correia, BComm
Published on February 26, 2020
Not sure if you should choose a variable rate mortgage or a fixed rate mortgage? Loans Canada has all the information you need to choose the right opt...
Unconventional Tips For The First Time Homebuyer
By Caitlin Wood, BA
Published on February 18, 2020
Looking to purchase your first home but aren't sure what to expect or how to start? Here is our top advice for those looking to entre the house markin...
How Effective Is The Home Buyers’ Plan In Canada’s Biggest Cities?
By Zoocasa
Published on February 6, 2020
Is the Home Buyers' Plan helping Canadians become homeowners? Our friends at Zoocasa analyzed the data and gave us the rundown.
