Practical guidance on rates, renewals and the Canadian mortgage market.
Short-term fixed-rate mortgages have increased in popularity lately for Canadians buying and owning property, and with good reason. Given economic instability, fluctuating interest rates, and wale uncertainty…
Read Article : Why More Canadians Are Choosing Short Term Fixed Mortgages?From pre-approval to keys, in the order things actually happen — including the closing costs that catch most first-time buyers…
Read Article : Buying Your First Home in Surrey: A Step-by-Step GuideRefinancing is not free. Here is how to work out your break-even point, how much equity you can actually access, and the…
Read Article : Refinancing: When the Numbers Actually WorkThe tax strategy that serves your business well can work against you at mortgage time. Here is what lenders look for, and what to…
Read Article : Self-Employed? How to Get Approved Without the RunaroundYou have to prove you could afford a payment noticeably larger than the one you will make. Here is how the test works and what it…
Read Article : The Mortgage Stress Test, Explained PlainlyThe renewal offer in the post is rarely the best rate your lender will give you — and almost never the best rate available…
Read Article : Your Renewal Letter Arrived. Don't Just Sign It.One change at signing, no extra budgeting effort, and years off your amortisation. Here is exactly how accelerated bi-weekly…
Read Article : Accelerated Payments: The Simplest Way to Save $65,016Nobody can reliably forecast where rates go next. Here is a decision framework based on things you can actually assess: your…
Read Article : Fixed vs Variable: A Practical Way to DecideThe minimum down payment in Canada is tiered, not a flat five per cent. Here is exactly what you need at each price point, and…
Read Article : How Much Down Payment Do You Actually Need in BC?Get a free, no-obligation consultation and see what you qualify for. No cost to you — lenders pay the commission.
