Total Debt Service Ratio

Should you pay off your debt before you start saving for a home? That’s the question that many hopeful homeowners ask themselves, and while many choose to go ahead with a home purchase while carrying debt, … Read More

Last week, our friend Rob McLister of CanadianMortgageTrends.com wrote a post outlining the stricter debt service ratio standards that are on the way. For the average borrower, debt service ratios play a large part in determining … Read More

When shopping around for a mortgage, there’s more to think about than simply finding the best mortgage rates. It’s important to also consider the terms and conditions of your mortgage, the size of your down payment, … Read More