Latest Mortgage Articles
Mortgage Prepayment Penalty: How Much Will It Cost You?
By Lisa Rennie
Updated on April 2, 2024
Did you know what you could be penalized for making extra payments toward your mortgage? Keep reading to learn about mortgage prepayment penalties.
Buying A House Without A Realtor: Benefits And Risks
By Lisa Rennie
Updated on March 21, 2024
Are you thinking of buying a house without a realtor? While it may save you some money, it's crucial you understand the benefits and risks of going it...
What Do I Do if Mortgage Rates Increase While I’m Trying to Buy a House?
By Lisa Rennie
Updated on March 8, 2024
Sometimes it can take longer than expected to find that perfect house to buy. So what happens when interest rates increase when you're trying to buy a...
COVID-19: New And More Strict CMHC Mortgage Rules
By Priyanka Correia, BComm
Updated on February 26, 2024
With the economy struggling to recover, the CMHC has introduced new mortgage rules to protect borrowers and maintain the stability of the housing mark...
Renfi Review: Renovation Loans For Canadian Homeowners
By Lisa Rennie
Updated on February 26, 2024
Need help financing your home renovations? Check out Renfi; a company committed to helping Canadian homeowners get access to the equity in their homes...
How Will The Newly Proposed OSFI Changes Affect Mortgage Affordability?
By Mortgage Maestro
Updated on February 26, 2024
Find out how the proposed OSFI changes can affect your mortgage affordability and ability to secure a mortgage in Canada.
How Many Mortgages Can You Have In Canada?
By Lisa Rennie
Updated on February 26, 2024
If you’re thinking about getting another property you may be wondering how many mortgages can you have in Canada. Find out here.
What Is The Trigger Rate?
By Bryan Daly
Updated on January 26, 2024
Find out what is the trigger rate is, how it can affect you and what you can do when you reach it.
The Financial Implications Of Your Elderly Parents Living With You And Paying Rent
By Lisa Rennie
Updated on December 19, 2023
If your elderly parents live with you and pay rent, can you use it to get a mortgage? Find out if you can get a mortgage with rental income.
How Are Real Estate Agents Pushing People Into Mortgage Fraud?
By Mortgage Maestro
Updated on November 13, 2023
With soaring home prices and interest rates, Canadians are falling victim to mortgage fraud through their real estate agents.
Why It Might Still Be Better To Buy Than Rent In Canada
By Mortgage Maestro
Updated on November 13, 2023
Despite Canada's housing crisis, it may still be better to buy than rent. With rent price increases, rent no longer offers the same savings.
What Happens When You Pay Off Your Mortgage In Canada?
By Alpine Credits
Updated on November 13, 2023
What happens when you pay off your mortgage in Canada? Do you know? Find out what you need to do when you make your last mortgage payment.
