Mortgages

When you take out a mortgage, you’ll sign a contract with your lender that outlines the specific features of your mortgage, such as the interest rate you’ll pay, whether it’s open or closed, and any additional perks such as the ability to make accelerated payments, and porting your mortgage.

Memo 1: Housing downturn poses “key risk” to Canadian economy On April 18, Canada’s national banking regulator, the Office of the Superintendent …

The Canadian labour market has been running hot over the last 12 months, as pandemic lockdowns have eased and the economy has roared back into …

Earlier this month, the Bank of Canada indicated that it may be close to finishing its rate hiking cycle, stating in its December 7 rate announcement …

If you’re worried about your mortgage payment going up because of rising interest rates, you’re not wrong. Data from the Canadian Mortgage and …

According to data compiled by Ratehub.ca, homes across the country are becoming more affordable. We calculated the minimum annual income required …