Browsing: Mortgages

If your down payment is less than 20% of a home's purchase price, chances are you'll encounter mortgage default insurance. It's a cost that catches many…

Life circumstances change, and sometimes that means your mortgage no longer fits — whether you're selling to relocate, refinancing to tap into equity, or trying to…

When you're shopping for a mortgage, one of the first decisions is who to work with: your existing bank, or an independent mortgage broker. Both can…

When your mortgage term is up, your lender will typically send a renewal offer a few months ahead of your maturity date. Many homeowners simply sign…

When the Bank of Canada raises its policy rate, the effects don't stop at the news headlines. Depending on the type of mortgage you hold, a…

If your down payment is less than 20% of the purchase price, chances are you will need mortgage default insurance to close the deal. This insurance…

Paying off a mortgage or moving it to a new lender feels like a finish line, but there are often a few more steps and costs…

Closing out a mortgage or moving it to a new lender sounds simple enough, but there are administrative costs attached to both processes that catch many…

When you need financing for a home, you generally have two paths: walk into your bank or work with an independent mortgage broker. Both can get…

Life doesn't always follow the schedule of a five-year mortgage term. Whether it's a job relocation, a marriage breakdown, or simply spotting a much lower rate,…