mortgage

Subprime mortgages are an important part of mortgage markets in Canada and across the world. But what is a subprime mortgage and what risks do they pose?

What is a high-ratio mortgage? More than a buzzword, the difference between a high-ratio mortgage and a low-ratio mortgage matters, saving you thousands.

Conventional wisdom says you should pay your mortgage off as soon as possible. But paying down your mortgage early is not always the best idea – here’s why.

Can you move house and keep your mortgage? Porting a mortgage (also called transferring a mortgage) lets your do just that. Here are all the details.

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.

The Bank of Canada today (March 13 2020) announced that it is lowering its target for the overnight rate by 0.50%, to 1.25%.

Having your mortgage renewal denied is painful, whether it’s from your current lender or a new lender. Here’s what to do if your mortgage renewal is denied.

Shared equity mortgages are a new idea to increase housing affordability in Canada. But what is shared equity mortgage, and are they worth it?

Becoming a homeowner is a life-long dream for many Canadians. But, as with all new experiences, there’s uncertainty, and you may second guess yourself once or twice. You’ll be interviewing realtors, looking at homes, worrying about … Read More

Do you know the difference between posted rates and discount rates? When getting a mortgage, posted rates can be dangerous – here’s why.