Mortgage penalties

Let’s say you are currently locked into a five-year mortgage term, with two years to go until renewal time.

There are fewer sweeter moments in life than coming across an unexpected windfall of cash.

The last year and a half has been a rough time to be a variable-mortgage holder. The cost of borrowing has ballooned just shy of 5% since March …

Refinancing a mortgage is one of the more significant ways you can change your ongoing mortgage, and it can be costly. That said, mortgage refinancing gives you significant flexibility to adjust the features of your mortgage … Read More

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

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