What impacts the mortgage rates in Canada?
What affects the Mortgage rate? The main influence for fixed and variable mortgage rates is the Canadian Government bond yields. Fixed mortgage rates are usually...
5 things to think about when asking for construction loan financing
In vast majority of cases, external funding is necessary for a property development plan to succeed. While many banks are open to issuing such loans,...
Canadian mortgage rate comparisons at a glance
It is crucially important to secure a favorable APR on your mortgage loan, as you will be feeling the weight of the number crunch for...
Exposing the most common misconceptions about mortgages
It’s fair to say that the financial industry tends to use complicated terminology that few people can really understand. This is one of the reasons...
Must-learn mortgage tips for 2017
The Canadian real estate market is very dynamic, and much can change in a single year. It is important to stay informed about the latest...
How to speak mortgage 101: knowing your terms and definitions
Most of us, the terminology of the financial world can be confusing, if not downright intimidating. That rule holds true with mortgage plans as well,...
When is the right time to refinance your mortgage?
Refinancing is a very useful tool that can help you keep your debt under control. To have maximum impact, this needs to be a well-planned...
Calculating a mortgage: how to buy a home you can afford?
If you hold a good job and have decent earnings, you shouldn’t have any problem obtaining a mortgage for a new home in Canada. Of...
Could getting a reverse mortgage help you save money?
If you aren’t overly enthusiastic about traditional mortgages, there might be an interesting alternative for you to think about. Some lenders are now offering the...
Things to think about for your first mortgage
Doing even the simplest thing for the first time can be traumatic and result in unexpected failure, especially if you don’t take the appropriate steps...