mortgage penalty

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.

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

How much will it cost to break my mortgage with TD Bank? 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.

How much will it cost to break your mortgage with RBC? There are plenty of reasons you might want to break your mortgage, but here’s what you need to know.

This month’s mortgage update has a theme: information, or lack thereof. Those that are uninformed typically suffer. In two cases discussed below (mortgage penalties and the Vancouver housing market) this holds true, but in the final … Read More

You’re all probably too busy buying or selling real estate to read this, given the current market frenzy, but here’s the mortgage market monthly rundown. I’ll try to keep it short, so you can get back … Read More

Flickr: woodleywonderworks If you’re a homeowner, you’ve probably heard of refinancing your mortgage, but do you really understand what that means? Refinancing involves getting out of your existing mortgage in order to get a new mortgage. … Read More

The Notable News is a weekly recap of mortgage and housing news. This past week we discovered that a housing co-op in Manitoba is stuck between a rock and a hard place, while Canada’s third-largest bank … Read More