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How much will it cost to break your mortgage with Scotiabank? Prepayment penalties vary between banks, so here’s what you need to know.

What’s the penalty if I break my mortgage with CIBC? Prepayment penalties can be significant – here’s how to calculate them.

What is an amoritizaiton schedule? For Canadian mortgages, amoritization schedules are incredibly important. Here’s what you need to know.

The Spring housing market is coming to a close, which means one of the best times to buy a home is right around the corner. Things settle down for the summer after the flurry of activity … Read More

When it comes to Canadian real estate, it’s very much Vancouver and Toronto vs. the rest of the country; those two markets are far-and-away home to the priciest real estate in the country and locals have … Read More

The mortgage stress test has been a contentious issue, but a small majority of Canadians support it. Here’s what you need to know.

You can’t always get what you want, even when it comes to buying a home. Sometimes that desire will prompt you to climb up the property ladder.

Today’s first-time homebuyers find it increasingly difficult to find enough cash for the minimum down payment required for a new home. While recent mortgage rates have been relatively steady and low, the Canada Mortgage and Housing … Read More

Path to homeownership tougher for younger Canadians than was for Boomers – Financial Post A new poll from TD Canada Trust suggests that young, first-time buyers in Canada are faced with more challenges than Baby Boomers … Read More

To celebrate the launch of its new iPad app, New Home Buyers Network (NHBN) is offering one lucky user who completes a free app registration the chance to win a brand new iPad 3! The brand-new … Read More