Banks Aren’t Your Only Mortgage Option

Banks Aren’t Your Only Mortgage Option

When you’re looking for a mortgage, it’s easy to assume that your bank is the natural place to start. After all, they already have your accounts, know your financial history and may even offer you what looks like a competitive rate. But your bank isn’t your only...
Kids Moved Out. Is it Time to Downsize?

Kids Moved Out. Is it Time to Downsize?

For years, your home may have been the centre of a busy family life. Bedrooms were full, the kitchen was constantly in use and having extra space made perfect sense. Then the kids grew up and moved out. Suddenly, the home that once felt just the right size may feel...
Facing Higher Mortgage Payments at Renewal?

Facing Higher Mortgage Payments at Renewal?

One of the biggest concerns homeowners are facing right now is significantly increased mortgage payments at term renewal. Many Canadians who locked into historically low interest rates several years ago are now approaching renewal in a much different rate environment....
Avoiding Homebuying Surprises: Closing Costs

Avoiding Homebuying Surprises: Closing Costs

Many first-time homebuyers spend years focused on saving their down payment, only to realize near closing day that there are several additional costs involved in buying a home. It’s one of the most common surprises during the homebuying process – and one that can...
How’s Your Credit Score Calculated?

How’s Your Credit Score Calculated?

Your credit score is one of the most important numbers lenders consider when you apply for a mortgage. It provides a snapshot of how you manage borrowed money and helps lenders assess the level of risk involved in lending to you. Understanding how your credit score is...