Latest from our blog

Latest Mortgage Lending Rule In Effect Oct 17

How does the latest mortgage lending rule affect you? The federal government introduced a new mortgage rate stress test for all insured mortgages effective Monday October 17th creating a new challenge for potential homebuyers in [...]

How important is it to choose the right mortgage term?

Have you considered how important is it to choose the right mortgage term? Buying a new home is probably the most important decision most Canadians make. This means you will most likely look for a [...]

Why a Lowest Mortgage Rate Is Not Always the Best Rate for You?

Mortgage interest rates are always a subject of rivalry among lenders in Canada. This war has continued this year with a leading Credit Union announcing a 1.69% fixed rate mortgage a couple of months ago. [...]

Why use a Mortgage Broker?

Mortgage rates have been on a record low in Canada, this may be a good time to take advantage. Many Canadians still turn to their local banks for mortgage advice. Although banks have different great mortgage [...]

Is a Home Equity Loan Right for You?

Home-equity refers to your home’s fair market value minus any outstanding loans or interest that may represent a 3rd party’s ownership of your home. Any down payment that you have made on your home, plus [...]