Mortgages

The hot spring real estate market remains missing in action in the Greater Toronto Area, as home sales remain well below seasonal norms. According …

Canadian interest rates will remain in a holding pattern, as the nation’s central bank announced no change this morning to its benchmark cost …

A home equity line of credit, or HELOC, is a convenient way of using the value in your home as leverage to borrow money. HELOCs are attractive for their low interest rates, very generous repayment terms, … Read More

When you first got your mortgage, you might have carefully weighed all the details, compared mortgage rates online, and done all your research to make sure you were getting the best possible mortgage rate and terms. … Read More

When getting a mortgage in Canada, there are two critical lengths of time to be aware of: your amortization period, and your mortgage term.

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.