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Latest mortgage Articles
Should You Choose A Short-Term For Your Mortgage In 2025?
By Lisa Rennie
Updated on January 29, 2025
*This post was created in collaboration with Mortgage Maestro. Homeowners with mortgage terms coming due soon could be faced with significantly higher...
How Will The Bank Of Canada’s Interest Rate Cut Affect You?
By Maidina Kadeer, BA
Updated on January 29, 2025
The interest rates set by the Bank of Canada, also known as the ‘bank rate’, is a key factor in determining the cost of borrowing money.
Will New FCAC Guidelines Protect Canadians From Mortgage Default?
By Sean Cooper
Updated on January 29, 2025
The new FCAC mortgage guidelines need to protect Canadian homeowners from mortgage default. Is it too little too late? Sean Cooper weighs in
New Changes To Stress Test Rate For Insured Mortgages
By Lisa Rennie
Updated on January 21, 2025
New changes are coming the the mortgage stress test. Find out what are the changes and how it may affect your home buying journey.
Closing Costs In Canada: How Much Will You Pay?
By Trevor O'Hagan
Updated on January 15, 2025
Explore closing costs in Canada: Learn how much you need to pay. Detailed breakdown and ways to reduce costs for a smoother home-buying journey.
High Ratio Mortgages And Default Mortgage Insurance
By Sandra MacGregor
Updated on January 14, 2025
Are you putting less than 20% on your home? Then you'll have a high-ratio mortgage. Find out how that'll affect the amount of default insurance you'll...
How To Avoid CMHC Fees In Canada
By Lisa Rennie
Updated on January 14, 2025
Want to avoid paying CMHC fees? We have the tips and tricks you need on to avoid paying CMHC fees in Canada.
Mortgage Default Insurance (CMHC Insurance)
By Priyanka Correia, BComm
Updated on January 14, 2025
Do you have to pay mortgage default insurance? How does it work? Who do you pay it to? Why is it important? What are the premiums?
Mortgage Brokers: Should You Work With One?
By Bryan Daly
Updated on December 20, 2024
Wondering if it's worth working with a mortgage broker? Learn both the advantages and disadvantages of working with a mortgage broker.
Best B Lender Mortgage In Canada
By Lisa Rennie
Updated on December 20, 2024
Can't qualify for a mortgage with a bank? Try getting a b lender mortgage. They're often easier to qualify for than a mortgage with a bank.
Mortgage Broker Vs Bank: Who Should You Work With?
By Shari Talbot
Updated on December 20, 2024
In the market to purchase a house? Can't decide between using a mortgage broker vs a bank? This article is for you.
Why Do Millennials In Canada Carry An Average Debt Of $47K?
By Maidina Kadeer, BA
Updated on December 18, 2024
With an average debt of $47K, millennials in Canada have record high insolvencies thanks to taxes, student loans and high-interest credit.
