If the holidays left you with a mountain of credit card debt and less money in your bank account than you’d like, you might consider refinancing. It won’t solve every homeowner’s problem, and not every homeowner will be eligible, but it may help you start the New Year fresh. Reasons to Consider Refinancing after the […]

It’s hard to believe it’s the middle of December and 2023 is right around the corner. For those shopping for a home or in a variable rate mortgage, the New Year can’t come soon enough. On December 7th, 2022, we experienced the last Prime Rate increase of the year. Many economists believe that this may […]

During the pandemic, millions of people moved. Everyone moved for different reasons, and while 84% of Canadians didn’t need a change due to the pandemic, there were many more first-time buyers during that time, with 53% of buyers in 2021 first-time buyers. So how many moved in or out of Canada? The results might be […]

What Are Common Mortgage Terms & Amortization? When looking for a mortgage, you have many decisions, including choosing the mortgage terms and amortization. These are two big decisions when choosing your mortgage. Here’s what you should consider when deciding. What are Mortgage Terms? Your mortgage terms refer to how long you have to repay your […]

Very rarely do people have the cash to buy a house in full. Most borrowers must put money down on a home to purchase it, known as a down payment. Lenders make up the difference with a mortgage loan, using your new home as security until your mortgage is paid off. Many borrowers qualify to […]