The bottom line

When you take out a mortgage, you’ll sign a contract with your lender that outlines the specific features of your mortgage, such as the interest rate you’ll pay, whether it’s open or closed, and any additional perks such as the ability to make accelerated payments, and porting your mortgage.

With interest rates higher than what many homeowners locked in back in 2020 or 2021, renewed monthly payments are coming as a shock. In fact, …

Mortgage renewal is a great time to secure a lower rate and save money. It can be tricky to renew a mortgage though. Here are 5 mortgage renewal tips.

You did it. You researched, compared prices, car models, and years, negotiated with the seller, and finally purchased a used car. Congratulations!

Borrowing costs were largely stagnant in April, but slumping home sales – and their pull-down effect on real estate prices – helped improve affordability …

The latest Canadian inflation numbers are a tale of two data sets – at first glance, April’s headline number of 1.7% looks promising, coming …