How long will it take to pay off your mortgage? It depends on you, your mortgage, and your lender. Here’s everything you need to know.
mortgage payment
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Should you pick an open vs. closed mortgage? Open and closed mortgages are both useful, but you need to choose the right one. Here’s what you need to know.
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Mortgage deferrals aren’t free – they can add thousands of dollars to your total mortgage cost. Here’s how much COVID-19 mortgage deferral could cost.
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Paying property taxes are part of owning a home. You can pay them direct or through your mortgage. So should you pay property taxes through your mortgage?
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Note: This article may be of heightened interest to Canadian’s during the current COVID-19 pandemic. The current situation is unfolding rapidly, and this article contains general information only. For up to date information on missing payments during the … Read More
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CIBC is one of the largest banks in Canada, which is why you probably have many family members and friends who have a mortgage through this lender. If you ask any of them whether you should … Read More
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BMO Bank of Montreal has long been considered one of the top banks in Canada and is often one of the first choices for homebuyers looking to secure a mortgage. But what’s it like actually obtaining … Read More
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As one of the Big Five banks in Canada, Scotiabank is the first place many Canadian homebuyers turn when it comes to getting a mortgage. Whether it’s because they’ve done their banking with this institution for … Read More
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Buying a home is a complicated process with many factors to consider. You have to decide on your budget, your ideal neighbourhood, how many bedrooms you’d like, whether you want a fixer upper or something move-in … Read More
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Obtaining a mortgage is a big moment in the average homebuyer’s life, with many complex aspects to consider that we don’t encounter in day-to-day life. There’s the down payment, amortization period, payment frequency, and whether to … Read More