Years of falling interest rates in the aftermath of the 2008-09 financial crisis taught a generation of home buyers that renewing a mortgage is a chance...
Starting January 2018, all uninsured mortgage borrowers will need to qualify at either the Bank of Canada’s five-year benchmark rate (currently 4.89...
On October 25, 2017, the Bank of Canada announced it was keeping its trend-setting overnight lending rate on hold at 1%. The rate rose by 0.25% in July...
There are many reasons why a bank may reject your application for a mortgage.Not enough credit history:If you are new to the country or you recently finished...
One of the key changes means that all homebuyers seeking an insured mortgage, regardless of how much they have for a down payment, will be subject to a...
Graph source: Bank of Canada The Bank of Canada announced on April 13th, 2016 that it was keeping its trend-setting target overnight lending rate at...
On the 11th of December 2015 the Finance Minister Bill Morneau changed the rules for government-backed mortgage insurance, by adjusting the amount of down...
When it comes to tax write offs for landlords, expenses that can be claimed are generally broken up into two categories: current expenses & capital...
Getting the best rate on your mortgage is a major concern for any home buyer. When you consider that only a few percentage points can cost you thousands...
Everyone knows by now that the Federal government and the banks have tightened up mortgage rules. What most consumers don't know is how the banks have...
When you apply for a mortgage, lenders may offer you options with either fixed or variable interest rates. Some lenders also offer a “hybrid”...
Portable mortgages Porting a mortgage refers to transferring some or all of the terms and conditions and outstanding balance of the mortgage on your...
Most lenders offer two types of mortgages: Open and Closed. The main difference between open and closed mortgages is the amount of flexibility you have...
Mortgage default insurance (sometimes called mortgage loan insurance) protects the mortgage lender in case you are not able to make your mortgage payments....
1869 Muskoka 118 Road W Unit# Btv E 101, Lake Muskoka
59 Waters Edge Lane, Fairy Lake
23 Smith Pine Crescent, Manitouwabing Lake
43 Denniss Drive, Bracebridge
179 Santas Village Rd, Bracebridge
