The decision to purchase a home is one of the most important financial decisions a person can make in their lifetime. With such an enormous commitment, it is important to understand the different types of mortgages available in Canada, and …
The decision to take out a second mortgage in Canada is one that should not be taken lightly. Taking out a second mortgage can be a great way to free up some extra cash or to pay off other debts, …
A home equity loan is a great way to save money on a mortgage in Canada. It allows you to borrow money against the equity you have built up in your home, and use it to pay off your mortgage …
When it comes to taking out a mortgage, finding the right lender can be just as important as finding the right home. With so many options available in Canada, it can be difficult to know where to start. To help, …
Are you considering taking out a reverse mortgage in Canada? If so, you’re not alone. Reverse mortgages have become increasingly popular in recent years, allowing seniors to access the equity they have built up in their home and use it …
The Bank of Canada’s overnight rate is one of the most important economic indicators in Canada, and it has a significant impact on mortgage rates in Canada. The overnight rate is the interest rate at which financial institutions borrow and …
Porting a mortgage in Canada can be a great way to take advantage of the savings available in the current market. Whether you’re moving to a new home or looking to refinance, porting a mortgage can provide you with several …
When it comes to mortgages in Canada, there are two terms that are important to understand – mortgage term and amortization period. These two terms are often confused, however, they refer to different aspects of a mortgage. Knowing the …
Mortgages are an integral part of the Canadian housing market, and it is essential for Canadian home buyers to understand the differences between open and closed mortgages. Open mortgages provide the borrower with increased flexibility, while closed mortgages offer a …
Mortgage fraud is a serious problem in Canada, and it’s important to be aware of the risks and take steps to protect yourself. This article will provide some tips on how to avoid mortgage fraud in Canada.
1. Understand the …
