you’re facing a significantly higher mortgage payment at renewal, a possible solution is to extend the amortization period of your mortgage (the length of time over which your payments are spread out).
Read articleAlyssa Furtado
On the market to buy a home? Purchasing a home in Canada requires plenty of preparation – both mental and financial.
Read articleThere are definitely reasons to buy GICs: they provide security of capital and also generate some income. With interest rates reaching as high as 8% in the past two years, GIC returns right now are exceptional compared to the previous average of approximately 2% prior to the pandemic. Let's look at the history of GICs.
Read articleThe RRSP Home Buyers’ Plan lets you use $35,000 of your RRSP for a down payment on a home. But there are other things you need to consider.
Read articleWith files from Jordan Lavin There’s a lot to figure out when you first move to Canada. It doesn’t take long to learn how to shovel snow, why …
Read articleI wanted to reach out and update our customers on some changes happening on Ratehub.ca in our mortgage vertical. As of January 1st, 2022, Ratehub …
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