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Month: August 2019

Mortgage Maturity

Should I Wait For My Mortgage To Mature?

Lenders will often send out their mortgage renewals 120 days prior to your mortgage maturing. I refer to this as their “Convenience Rate” as it is generally not the best rate but appears convenient for the borrower.

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Kitchen

Canadians are optimistic about the housing market again

Mortgage stress testing did more than just make it tougher for many Canadians to purchase a home — it also eroded their confidence in the housing market.

But Canadians seem to be regaining their confidence, more than a year and a half after policymakers introduced stress testing for uninsured mortgages.

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Down payment

What Is A Down Payment?

Very few home buyers have the cash available to buy a home outright. Most of us will turn to a financial institution for a mortgage,

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